Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (FOB) - 2023
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,687 per ton, surging by 18% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 61% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($1,781 per ton) and Germany ($1,733 per ton), while the price for Belgium ($1,648 per ton) and France ($1,673 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (FOB) - 2023
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,557 per ton in October 2023, growing by 13% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 14% m-o-m. As a result, the export price attained the peak level of $1,768 per ton. From December 2022 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In October 2023, the countries with the highest prices were Romania ($1,810 per ton) and Austria ($1,652 per ton), while the average price for exports to Slovenia ($1,456 per ton) and Poland ($1,500 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses imported into Italy declined dramatically to 36K tons, with a decrease of -16% compared with the previous year. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 43K tons, and then contracted significantly in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $60M in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of $61M, and then shrank slightly in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.9 | 22.2 | 41.2 | 42.4 | 12.3% |
| Germany | 4.3 | 4.5 | 11.9 | 10.0 | 32.5% |
| Belgium | 3.3 | 1.9 | 2.5 | 3.6 | 2.9% |
| Netherlands | 0.8 | 0.4 | 2.8 | 3.2 | 58.7% |
| Spain | 2.2 | 0.9 | 1.5 | 0.4 | -43.3% |
| Others | 1.0 | 0.8 | 1.2 | 0.8 | -7.2% |
| Total | 41.7 | 30.8 | 61.0 | 60.3 | 13.1% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Italy in 2022:
- France (25.3K tons)
- Germany (5.7K tons)
- Belgium (2.2K tons)
- Netherlands (1.8K tons)
- Spain (0.2K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy
After two years of decline, shipments abroad of monophenols; phenol (hydroxybenzene) and its saltses increased by 18% to 14K tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $26M in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 11.0 | 9.1 | 13.6 | 18.4 | 18.7% |
| Austria | 3.5 | 1.6 | 1.9 | 2.8 | -7.2% |
| Germany | N/A | 1.5 | 1.6 | 1.9 | 12.5% |
| Spain | N/A | 0.2 | N/A | 1.0 | 123.6% |
| Romania | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.1 | 0.3 | 0.4 | 1.8 | 162.1% |
| Total | 14.7 | 12.7 | 17.5 | 26.2 | 21.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Italy in 2022:
- Slovenia (10.6K tons)
- Austria (1.7K tons)
- Germany (1.2K tons)
- Romania (0.3K tons)
- Spain (0.3K tons)
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