Phenols; Phenol-Alcohols Price in Egypt - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Egypt (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Egypt (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Egypt
- Phenols; Phenol-Alcohols Exports in Egypt
Phenols; Phenol-Alcohols Price in Egypt (CIF) - 2023
The average phenols; phenol-alcohols import price stood at $1,429 per ton in June 2023, falling by -42.6% against the previous month. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in February 2023 an increase of 494% m-o-m. As a result, import price reached the peak level of $25,374 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Russia ($1,429 per ton), while the price for India totaled $1,429 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Africa (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Egypt (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $14,918 per ton in 2022, growing by 42% against the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 82% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 India ($57,000 per ton), while the average price for exports to Jordan ($5,000 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 Kenya (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Egypt
In 2022, after two years of decline, there was significant growth in purchases abroad of phenols; phenol-alcoholses, when their volume increased by 93% to 2.5K tons. Overall, imports, however, showed a abrupt slump.
In value terms, phenols; phenol-alcohols imports skyrocketed to $6M in 2022. In general, imports, however, saw a deep contraction.
| Import of Phenols; Phenol-Alcohols in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,209 | 839 | 216 | 1,787 | 13.9% |
| India | 1,715 | 1,307 | 667 | 1,631 | -1.7% |
| South Africa | 740 | 268 | 505 | 1,151 | 15.9% |
| Taiwan (Chinese) | 359 | 145 | 135 | 430 | 6.2% |
| United States | 77.7 | 75.6 | 100 | 283 | 53.9% |
| Serbia | N/A | N/A | N/A | 269 | 0% |
| Japan | 815 | 878 | 680 | 191 | -38.3% |
| Germany | 299 | 189 | 40.6 | 31.8 | -52.6% |
| South Korea | 580 | 319 | 52.1 | N/A | -70.0% |
| Belgium | 219 | 74.7 | 90.2 | N/A | -35.8% |
| Lebanon | 94.6 | 92.5 | 10.4 | N/A | -66.8% |
| Finland | 101 | 87.8 | 67.2 | N/A | -18.4% |
| Belarus | 229 | N/A | N/A | N/A | 0% |
| Others | 946 | 746 | 1,053 | 249 | -35.9% |
| Total | 7,385 | 5,021 | 3,617 | 6,024 | -6.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Egypt in 2022:
- Russia (1011.6 tons)
- South Africa (699.2 tons)
- India (309.6 tons)
- Taiwan (Chinese) (163.8 tons)
- Serbia (163.4 tons)
- United States (62.9 tons)
- Japan (22.0 tons)
- Germany (4.9 tons)
Phenols; Phenol-Alcohols Exports in Egypt
In 2022, the amount of phenols; phenol-alcoholses exported from Egypt fell to 1.5 tons, waning by -12.4% compared with 2021 figures. Over the period under review, exports faced a precipitous contraction.
In value terms, phenols; phenol-alcohols exports skyrocketed to $23K in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of $27K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Phenols; Phenol-Alcohols in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.9 | 24.5 | 17.3 | 21.7 | 4.7% |
| Saudi Arabia | 1.1 | 0.9 | 0.7 | 0.7 | -14.0% |
| Others | 1.0 | 2.1 | 0.6 | 0.6 | -15.7% |
| Total | 20.9 | 27.5 | 18.6 | 23.0 | 3.2% |
Top Export Markets for Phenols; Phenol-Alcohols from Egypt in 2022:
- United Arab Emirates (1453.0 kg)
- Saudi Arabia (59.0 kg)
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