Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Israel - 2023

Contents:

1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel (FOB) - 2022
2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel (CIF) - 2022
3. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel
4. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel (FOB) - 2022

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $7,595 per ton, rising by 33% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 81% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($9,272 per ton) and China ($7,599 per ton), while the average price for exports to South Korea ($7,518 per ton) and Belgium ($7,518 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel (CIF) - 2022

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $9,508 per ton, with an increase of 44% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $12,300 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($11,936 per ton), while the price for China amounted to $9,508 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel

Exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves from Israel dropped markedly to 31K tons in 2022, declining by -21.1% against the previous year. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 115%. As a result, the exports reached the peak of 40K tons, and then fell dramatically in the following year.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves rose to $238M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Israel in 2022:

1. China (21.8K tons)
2. Taiwan (Chinese) (6.2K tons)
3. South Korea (1.3K tons)
4. United States (0.6K tons)

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Israel

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into Israel declined to 205 tons, waning by -6.5% compared with the previous year. Over the period under review, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of 220 tons, and then fell in the following year.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $2M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Israel in 2022:

1. China (194.3 tons)
2. India (4.9 tons)
3. Germany (2.3 tons)

Source: IndexBox Market Intelligence Platform