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

Contents:

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

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

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $7,223 per ton in 2022, reducing by -44.9% against the previous year. Overall, the import price showed a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 177%. As a result, import price attained the peak level of $127,996 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($211,741 per ton), while the price for the Czech Republic ($1,295 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.9%), 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 Hungary (FOB) - 2022

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $20,922 per ton in 2022, falling by -13.6% against the previous year. Overall, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23% against the previous year. As a result, the export price reached the peak level of $24,217 per ton, and then reduced in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($21,158 per ton), while the average price for exports to Slovenia totaled $18,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 98 tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were imported into Hungary; growing by 545% on the previous year's figure. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $708K in 2022. Overall, imports, however, faced a sharp slump.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/A603N/A529-6.3%
Czech RepublicN/AN/AN/A1200%
Germany85.249.446.218.4-40.0%
JapanN/A1041050.3-94.6%
Switzerland1,608N/AN/AN/A0%
Others10438.947.839.8-27.4%
Total1,797796199708-26.7%

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

  1. Czech Republic (93.1 tons)
  2. Mexico (2.5 tons)
  3. Germany (1.1 tons)

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

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves exported from Hungary contracted sharply to 103 kg, waning by -97.2% on the previous year. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 117%.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves contracted significantly to $2.2K in 2022. Overall, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 167%.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A10.720.42.0-56.8%
SloveniaN/A1.11.20.1-69.8%
South Korea45.1N/AN/AN/A0%
GermanyN/A6.056.7N/A845.0%
United States267N/AN/AN/A0%
Others1.116.112.1N/A231.7%
Total31333.990.42.2-80.8%

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

  1. Poland (95.0 kg)
  2. Slovenia (8.0 kg)

Source: IndexBox Market Intelligence Platform

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