Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Germany - 2023

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (CIF) - 2022
  2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (FOB) - 2022
  3. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany
  4. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (CIF) - 2022

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,219 per ton in 2022, with an increase of 23% against the previous year. Overall, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 28%. The import price peaked at $6,455 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,174 per ton), while the price for Poland ($632 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (FOB) - 2022

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $5,093 per ton in 2022, reducing by -14.8% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 5.2% against the previous year. As a result, the export price reached the peak level of $8,896 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($28,525 per ton), while the average price for exports to Spain ($1,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany

In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -8.1% to 3.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of 4.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves rose significantly to $16M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.74.33.74.4-8.3%
Netherlands1.01.32.93.754.7%
China4.22.72.23.5-5.9%
Belgium0.82.22.32.342.2%
Czech Republic0.50.30.40.50.0%
Poland0.30.40.50.518.6%
United Kingdom0.40.40.1N/A-50.0%
Others1.72.61.70.7-25.6%
Total14.414.113.915.72.9%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Germany in 2022:

  1. India (1156.4 tons)
  2. Poland (771.7 tons)
  3. China (551.8 tons)
  4. Netherlands (452.8 tons)
  5. Belgium (447.1 tons)
  6. Czech Republic (286.5 tons)
  7. United Kingdom (3.1 tons)

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany

In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -36.6% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of 3.4K tons, and then dropped remarkably in the following year.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves plummeted to $11M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 8.5%. As a result, the exports attained the peak of $20M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.44.311.07.8169.2%
Italy2.31.60.20.4-44.2%
United Kingdom2.42.00.90.4-45.0%
Turkey0.20.20.10.20.0%
United States5.14.22.10.2-66.0%
Spain0.50.30.30.2-26.3%
China0.20.50.30.1-20.6%
Argentina1.10.20.8N/A-14.7%
Australia0.50.50.3N/A-22.5%
India1.00.80.5N/A-29.3%
Singapore0.70.40.4N/A-24.4%
Brazil0.91.01.4N/A24.7%
Others3.54.51.71.4-26.3%
Total18.820.420.010.8-16.9%

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Germany in 2022:

  1. Netherlands (1700.9 tons)
  2. Spain (150.9 tons)
  3. United Kingdom (45.2 tons)
  4. Turkey (41.6 tons)
  5. China (37.0 tons)
  6. United States (33.4 tons)
  7. Italy (12.8 tons)
  8. India (3.9 tons)
  9. Australia (2.3 tons)
  10. Brazil (2.2 tons)
  11. Argentina (1.4 tons)
  12. Singapore (1.0 tons)

Source: IndexBox Market Intelligence Platform

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