Phenols; Phenol-Alcohols Price in Bolivia - 2023
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Phenols; Phenol-Alcohols Price in Bolivia (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $5,526 per ton, surging by 69% against the previous year. Over the period under review, the import price showed notable growth. The most prominent rate of growth was recorded in 2015 an increase of 88%. The import price peaked at $8,921 per ton in 2016; however, from 2017 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 Brazil ($13,996 per ton), while the price for Switzerland ($2,628 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 (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Bolivia
In 2022, after three years of growth, there was significant decline in overseas purchases of phenols; phenol-alcoholses, when their volume decreased by -25.1% to 81 tons. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 109 tons, and then dropped notably in the following year.
In value terms, phenols; phenol-alcohols imports skyrocketed to $449K in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 149 | 236 | 60.2 | 147 | -0.4% |
| United States | 55.1 | 69.3 | 5.2 | 112 | 26.7% |
| Switzerland | 0.3 | 1.4 | 46.8 | 61.8 | 490.6% |
| United Kingdom | N/A | N/A | N/A | 61.3 | 0% |
| Brazil | 0.2 | 5.9 | 4.0 | 35.5 | 462.0% |
| China | 8.7 | 10.5 | 28.4 | 11.9 | 11.0% |
| Russia | 87.4 | 79.8 | 137 | N/A | 25.2% |
| Others | 35.9 | 15.9 | 74.6 | 19.5 | -18.4% |
| Total | 336 | 419 | 356 | 449 | 10.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Bolivia in 2022:
- Switzerland (23.5 tons)
- United Kingdom (23.3 tons)
- United States (13.9 tons)
- India (13.6 tons)
- Brazil (2.5 tons)
- China (2.1 tons)
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