Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,475 per ton in 2022, with a decrease of -10.9% against the previous year. In general, the import price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 an increase of 117% against the previous year. As a result, import price reached the peak level of $2,778 per ton, and then declined in the following year.
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 Belgium ($12,726 per ton), while the price for Turkey ($1,617 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $9,925 per ton in 2022, surging by 41% against the previous year. Overall, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($1,054,750 per ton), while the average price for exports to Greece ($7,363 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+1,106.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses imported into Bulgaria reached 93 tons, approximately equating the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports reached the peak of 146 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses dropped to $230K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 80.5 | 84.8 | 140 | 110 | 11.0% |
| France | 21.0 | 34.8 | 116 | 79.2 | 55.7% |
| Turkey | N/A | N/A | N/A | 36.2 | 0% |
| Netherlands | N/A | 39.8 | N/A | N/A | 0% |
| Romania | 28.1 | 23.6 | N/A | N/A | -16.0% |
| Others | 1.1 | 3.6 | 2.5 | 4.7 | 62.3% |
| Total | 131 | 187 | 258 | 230 | 20.6% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Bulgaria in 2022:
- Czech Republic (64.0 tons)
- Turkey (22.4 tons)
- France (6.2 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria
In 2022, overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses decreased by -38% to 9.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 103%. As a result, the exports reached the peak of 15 tons, and then shrank significantly in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $93K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 126%. As a result, the exports reached the peak of $106K, and then shrank in the following year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 29.8 | 34.6 | 75.8 | 68.6 | 32.0% |
| Serbia | N/A | 4.3 | 6.2 | 4.2 | -1.2% |
| Croatia | 4.0 | 8.1 | 18.3 | 1.5 | -27.9% |
| Others | 2.2 | N/A | 6.0 | 18.4 | 103.0% |
| Total | 36.0 | 46.9 | 106 | 92.7 | 37.1% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Bulgaria in 2022:
- Greece (9.3 tons)
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