Phenols; Phenol-Alcohols Price in Italy - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Italy (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Italy (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Italy
- Phenols; Phenol-Alcohols Exports in Italy
Phenols; Phenol-Alcohols Price in Italy (CIF) - 2023
The average phenols; phenol-alcohols import price stood at $1,988 per ton in August 2023, falling by -9.8% against the previous month. Over the period under review, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in December 2022 an increase of 23% month-to-month. Over the period under review, average import prices attained the maximum at $2,869 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($10,015 per ton), while the price for Spain ($1,198 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Italy (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $3,096 per ton, increasing by 34% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,179 per ton), while the average price for exports to China ($1,532 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 Slovenia (+0.6%), while the prices for the other major destinations experienced a decline.
Phenols; Phenol-Alcohols Imports in Italy
Phenols; phenol-alcohols imports into Italy contracted to 60K tons in 2022, falling by -13.6% on the year before. In general, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 69K tons, and then dropped in the following year.
In value terms, phenols; phenol-alcohols imports declined modestly to $147M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +42.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $155M, and then contracted slightly in the following year.
| Import of Phenols; Phenol-Alcohols in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 33.1 | 25.9 | 44.6 | 46.1 | 11.7% |
| Germany | 18.1 | 15.3 | 25.4 | 22.5 | 7.5% |
| Belgium | 18.8 | 16.0 | 23.2 | 18.2 | -1.1% |
| Netherlands | 9.4 | 9.1 | 18.3 | 13.6 | 13.1% |
| South Korea | 5.2 | 3.8 | 5.0 | 8.4 | 17.3% |
| Singapore | 0.5 | 0.5 | 5.1 | 7.2 | 143.3% |
| United States | 5.0 | 3.7 | 4.2 | 3.1 | -14.7% |
| Spain | 4.6 | 3.3 | 3.3 | 2.7 | -16.3% |
| Others | 27.9 | 25.7 | 25.5 | 25.3 | -3.2% |
| Total | 123 | 103 | 155 | 147 | 6.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Italy in 2022:
- France (27.1K tons)
- Germany (8.0K tons)
- Netherlands (5.4K tons)
- Belgium (4.9K tons)
- South Korea (3.4K tons)
- Singapore (3.1K tons)
- United States (2.2K tons)
- Spain (0.9K tons)
Phenols; Phenol-Alcohols Exports in Italy
In 2022, approx. 25K tons of phenols; phenol-alcoholses were exported from Italy; surging by 9.3% against the year before. In general, exports continue to indicate a relatively flat trend pattern.
In value terms, phenols; phenol-alcohols exports soared to $77M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phenols; Phenol-Alcohols in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 11.2 | 9.3 | 13.7 | 18.5 | 18.2% |
| Netherlands | 4.1 | 4.5 | 6.3 | 7.8 | 23.9% |
| China | 1.2 | 7.3 | 7.9 | 6.7 | 77.4% |
| United States | 2.5 | 2.7 | 4.6 | 4.0 | 17.0% |
| Germany | 2.8 | 2.7 | 3.0 | 4.0 | 12.6% |
| India | 12.1 | 7.6 | 3.9 | 3.0 | -37.2% |
| Austria | 5.3 | 3.5 | 1.9 | 2.8 | -19.2% |
| Singapore | 0.7 | 0.8 | 0.8 | 0.6 | -5.0% |
| Others | 6.6 | 6.2 | 10.8 | 29.6 | 64.9% |
| Total | 46.5 | 44.5 | 52.9 | 77.1 | 18.4% |
Top Export Markets for Phenols; Phenol-Alcohols from Italy in 2022:
- Slovenia (10.7K tons)
- China (4.4K tons)
- Netherlands (2.9K tons)
- Austria (1.7K tons)
- Germany (1.4K tons)
- India (1.1K tons)
- United States (1.0K tons)
- Singapore (0.3K tons)
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