Phenols; Phenol-Alcohols Price in France - 2023
Contents:
- Phenols; Phenol-Alcohols Price in France (CIF) - 2022
- Phenols; Phenol-Alcohols Price in France (FOB) - 2023
- Phenols; Phenol-Alcohols Imports in France
- Phenols; Phenol-Alcohols Exports in France
Phenols; Phenol-Alcohols Price in France (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $3,469 per ton in 2022, with an increase of 29% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $3,784 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 India ($6,172 per ton), while the price for Finland ($1,683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in France (FOB) - 2023
The average phenols; phenol-alcohols export price stood at $6,885 per ton in August 2023, reducing by -3.9% against the previous month. Over the period under review, export price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, phenols; phenol-alcohols export price increased by +36.0% against June 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 71% m-o-m. As a result, the export price attained the peak level of $9,263 per ton. From April 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($17,437 per ton), while the average price for exports to China ($1,361 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in France
In 2022, overseas purchases of phenols; phenol-alcoholses decreased by -21.1% to 34K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 59%.
In value terms, phenols; phenol-alcohols imports expanded to $118M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +72.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.2 | 22.5 | 41.0 | 34.9 | 62.1% |
| Germany | 13.6 | 14.6 | 23.5 | 30.8 | 31.3% |
| Spain | 6.3 | 9.8 | 11.2 | 10.8 | 19.7% |
| Switzerland | 5.1 | 5.6 | 7.9 | 9.6 | 23.5% |
| India | 4.7 | 4.3 | 5.2 | 6.3 | 10.3% |
| Netherlands | 0.7 | 4.1 | 4.2 | 5.9 | 103.5% |
| United States | 3.6 | 1.8 | 2.4 | 3.2 | -3.9% |
| United Kingdom | 13.4 | 5.2 | 2.7 | 1.4 | -52.9% |
| Finland | 1.7 | 0.8 | 1.0 | 0.1 | -61.1% |
| Others | 11.1 | 10.6 | 16.7 | 14.7 | 9.8% |
| Total | 68.4 | 79.4 | 116 | 118 | 19.9% |
Top Suppliers of Phenols; Phenol-Alcohols to France in 2022:
- Belgium (13.3K tons)
- Germany (8.4K tons)
- Spain (3.6K tons)
- Switzerland (3.3K tons)
- Netherlands (1.3K tons)
- India (1.0K tons)
- United States (0.9K tons)
- United Kingdom (0.5K tons)
- Finland (0.1K tons)
Phenols; Phenol-Alcohols Exports in France
In 2022, approx. 14K tons of phenols; phenol-alcoholses were exported from France; with a decrease of -21.4% compared with the previous year's figure. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 422% against the previous year. As a result, the exports reached the peak of 18K tons, and then shrank dramatically in the following year.
In value terms, phenols; phenol-alcohols exports expanded significantly to $95M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 313%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Phenols; Phenol-Alcohols in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.7 | 4.2 | 19.1 | 19.4 | 60.4% |
| India | 0.9 | 1.3 | 4.8 | 11.4 | 133.1% |
| China | 1.2 | 1.2 | 2.5 | 10.1 | 103.4% |
| United Kingdom | 1.1 | 0.8 | 1.8 | 6.8 | 83.5% |
| Japan | 0.8 | 1.1 | 2.3 | 5.8 | 93.5% |
| Belgium | 0.3 | 0.3 | 1.0 | 5.3 | 160.4% |
| United States | 0.4 | 0.4 | 1.1 | 4.6 | 125.7% |
| Poland | 0.4 | 0.5 | 1.5 | 4.3 | 120.7% |
| Netherlands | 0.5 | 0.4 | 0.8 | 4.0 | 100.0% |
| Spain | 0.3 | 0.2 | 6.0 | 4.0 | 137.1% |
| South Korea | 0.3 | 0.1 | 0.8 | 2.7 | 108.0% |
| Italy | 4.7 | 3.8 | 16.7 | 2.6 | -17.9% |
| Switzerland | 4.7 | 4.1 | 19.6 | 1.2 | -36.6% |
| Others | 3.8 | 3.2 | 10.7 | 12.5 | 48.7% |
| Total | 24.0 | 21.5 | 88.7 | 94.8 | 58.1% |
Top Export Markets for Phenols; Phenol-Alcohols from France in 2022:
- Germany (3486.6 tons)
- China (1673.2 tons)
- India (1538.8 tons)
- United Kingdom (904.5 tons)
- Spain (819.6 tons)
- Netherlands (758.6 tons)
- United States (745.7 tons)
- Japan (608.3 tons)
- Italy (590.7 tons)
- Belgium (442.3 tons)
- South Korea (424.0 tons)
- Poland (375.8 tons)
- Switzerland (300.4 tons)
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