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

Contents:

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

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

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $141,882 per ton in 2022, surging by 9.2% against the previous year. Over the period under review, the import price showed prominent growth. The growth pace was the most rapid in 2021 an increase of 234% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($237,333 per ton), while the price for China ($92,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+32.4%), 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 Norway (FOB) - 2022

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $17,786 per ton, with an increase of 9.2% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 155%. The export price peaked at $34,143 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Iceland.

From 2012 to 2022, the rate of growth in terms of prices for Iceland amounted to +9.5% per year.

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

In 2022, supplies from abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves was finally on the rise to reach 68 kg after two years of decline. Overall, imports, however, showed a precipitous shrinkage.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $9.6K in 2022. In general, imports, however, recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 126%.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A0.35.14.5287.3%
IndiaN/A0.20.93.4312.3%
United StatesN/A1.00.60.8-10.6%
Germany20.90.7N/A0.7-67.8%
ChinaN/A0.1N/A0.241.4%
Others2.41.21.6N/A-18.4%
Total23.33.68.29.6-25.6%

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

  1. United Kingdom (34.0 kg)
  2. India (24.0 kg)
  3. United States (5.0 kg)
  4. Germany (3.0 kg)
  5. China (2.0 kg)

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

For the third consecutive year, Norway recorded decline in overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which decreased by -49.7% to 1.1 tons in 2022. Over the period under review, exports showed a sharp setback. The smallest decline of -0.6% was in 2021.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves contracted sharply to $20K in 2022. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4%. As a result, the exports reached the peak of $36K, and then declined notably in the following year.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland29.831.934.719.6-13.0%
Italy2.4N/AN/AN/A0%
Others2.40.70.9N/A-38.8%
Total34.532.635.619.6-17.2%

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

  1. Iceland (1.1 tons)

Source: IndexBox Market Intelligence Platform

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