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

Contents:

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

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $58,171 per ton, with an increase of 2.2% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The growth pace was the most rapid in 2018 when the average import price increased by 250%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($71,421 per ton), while the price for China ($33,551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+43.2%), 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 Serbia (FOB) - 2022

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $36,273 per ton, which is down by -16.2% against the previous year. Over the period under review, the export price, however, posted significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 1,170% against the previous year. The export price peaked at $52,645 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($38,155 per ton), while the average price for exports to Bosnia and Herzegovina ($29,219 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 Bosnia and Herzegovina (+11.5%), 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 Serbia

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into Serbia surged to 10 tons, increasing by 107% against the previous year's figure. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 skyrocketed to $604K in 2022. Over the period under review, imports showed a buoyant expansion. As a result, imports reached 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland32727923046412.4%
China19.561.636.284.062.7%
Czech RepublicN/AN/A17.154.4218.1%
Others5.05.82.51.6-31.6%
Total35234728560419.7%

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

  1. Poland (6.5 tons)
  2. China (2.5 tons)
  3. Czech Republic (1.4 tons)

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

In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -53.4% to 805 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 4,464% against the previous year.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves declined markedly to $29K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 7,451% against the previous year.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A30.015.9-47.0%
SpainN/A13.313.812.3-3.8%
Bosnia and HerzegovinaN/AN/A0.10.9800.0%
BulgariaN/A2.3N/AN/A0%
ItalyN/A9.227.4N/A197.8%
BrazilN/AN/A3.5N/A0%
Others0.31.6N/AN/A433.3%
Total0.326.474.729.2360.0%

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

  1. France (450.0 kg)
  2. Spain (322.0 kg)
  3. Bosnia and Herzegovina (32.0 kg)

Source: IndexBox Market Intelligence Platform

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