Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (CIF) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (CIF) - 2023
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,285 per ton in December 2023, reducing by -3% against the previous month. In general, the import price saw a slight descent. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 141% month-to-month. As a result, import price attained the peak level of $3,255 per ton. From October 2023 to December 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Finland ($1,411 per ton), while the price for Germany ($1,243 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,010 per ton in 2022, increasing by 10% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for monophenols; phenol (hydroxybenzene) and its saltses decreased by -16.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68% against the previous year. As a result, the export price attained the peak level of $2,996 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($12,001 per ton), while the average price for exports to France ($1,156 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 Nigeria (+3.3%), while the prices for the other major destinations experienced a decline.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK
In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into the UK reduced remarkably to 49K tons, dropping by -17% on the previous year's figure. Over the period under review, imports showed a pronounced curtailment. The growth pace was the most rapid in 2021 when imports increased by 9% against the previous year. As a result, imports attained the peak of 59K tons, and then dropped remarkably in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses amounted to $87M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 102%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 42.3 | 30.0 | 41.4 | 57.8 | 11.0% |
| Spain | 0.1 | N/A | 27.4 | 22.7 | 510.0% |
| Belgium | 0.9 | 7.6 | 6.7 | 4.3 | 68.4% |
| Germany | 1.3 | 1.5 | 3.7 | 1.6 | 7.2% |
| Others | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Total | 45.2 | 39.5 | 79.8 | 87.1 | 24.4% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to the UK in 2022:
- Finland (32.5K tons)
- Spain (12.5K tons)
- Belgium (2.5K tons)
- Germany (1.1K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses exported from the UK declined markedly to 281 tons, waning by -20.6% against the previous year. Over the period under review, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, the exports attained the peak of 354 tons, and then reduced dramatically in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses declined to $564K in 2022. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 181 | 124 | 235 | 280 | 15.7% |
| Ireland | 17.6 | 8.5 | 11.0 | 63.9 | 53.7% |
| United States | 28.7 | 42.5 | 102 | 44.8 | 16.0% |
| Belgium | 72.6 | 57.2 | 131 | 13.4 | -43.1% |
| India | 51.9 | 7.4 | N/A | N/A | -85.7% |
| Others | 427 | 281 | 166 | 163 | -27.5% |
| Total | 779 | 522 | 645 | 564 | -10.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from the UK in 2022:
- France (242.0 tons)
- United States (12.4 tons)
- Ireland (5.3 tons)
- Belgium (4.0 tons)
287
This report provides an in-depth analysis of the monophenols market in the UK.
488
This report provides an in-depth analysis of the phenols market in the UK.
245
This report provides an in-depth analysis of the polyphenols and phenol-alcohols market in the UK.
468
This report provides an in-depth analysis of the global monophenols market.
919
This report provides an in-depth analysis of the global phenols market.
741
This report provides an in-depth analysis of the global polyphenols and phenol-alcohols market.
287
This report provides an in-depth analysis of the monophenols market in the UK.
488
This report provides an in-depth analysis of the phenols market in the UK.
245
This report provides an in-depth analysis of the polyphenols and phenol-alcohols market in the UK.
468
This report provides an in-depth analysis of the global monophenols market.
96
Explore the top import markets for monophenols worldwide, with key statistics and numbers provided for each country. Discover the trends in the global market for monophenols.
235
Explore the top import markets for phenols, including China, India, Germany, and more. Key statistics and data from the IndexBox market intelligence platform.
747
In value terms, phenols and phenol-alcohols imports totaled $X in 2016. Overall, phenols and phenol-alcohols imports continue to indicate a relatively flat trend pattern. Global phenols and phenol-...
1545
In value terms, phenols and phenol-alcohols exports stood at $X in 2016. In general, phenols and phenol-alcohols exports continue to indicate a relatively flat trend pattern. Over the period under ...
1117
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
964
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
96
Explore the top import markets for monophenols worldwide, with key statistics and numbers provided for each country. Discover the trends in the global market for monophenols.
235
Explore the top import markets for phenols, including China, India, Germany, and more. Key statistics and data from the IndexBox market intelligence platform.
747
In value terms, phenols and phenol-alcohols imports totaled $X in 2016. Overall, phenols and phenol-alcohols imports continue to indicate a relatively flat trend pattern. Global phenols and phenol-...
1545
In value terms, phenols and phenol-alcohols exports stood at $X in 2016. In general, phenols and phenol-alcohols exports continue to indicate a relatively flat trend pattern. Over the period under ...
