Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Spain - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (CIF) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (FOB) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $5,368 per ton, picking up by 1.6% against the previous year. In general, the import price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the peak figure at $11,761 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Mexico ($39,200 per ton), while the price for France ($1,662 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $43,387 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53%. As a result, the export price reached the peak level of $114,369 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($63,345 per ton), while the average price for exports to Venezuela ($23,000 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 Venezuela (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain
For the fourth consecutive year, Spain recorded growth in overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which increased by 14% to 2.1K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.7 | 7.5 | 5.7 | 4.9 | -9.9% |
| Poland | 0.6 | 0.3 | 0.3 | 2.2 | 54.2% |
| Italy | 0.3 | 0.9 | 1.3 | 1.5 | 71.0% |
| France | 0.1 | 0.2 | 0.4 | 0.7 | 91.3% |
| China | 0.6 | 1.0 | 0.6 | 0.6 | 0.0% |
| Germany | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| India | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Bulgaria | 0.7 | 0.2 | 0.1 | N/A | -62.2% |
| Others | 0.4 | 0.7 | 0.7 | 0.6 | 14.5% |
| Total | 10.1 | 11.5 | 9.8 | 11.3 | 3.8% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Spain in 2022:
- Italy (838.6 tons)
- Poland (447.4 tons)
- France (393.8 tons)
- Germany (175.5 tons)
- Mexico (124.8 tons)
- India (76.1 tons)
- China (19.7 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain
In 2022, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves from Spain fell to 130 tons, shrinking by -6.7% on the previous year. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 47%.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves reduced to $5.6M in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of $6M, and then dropped in the following year.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.4 | 2.9 | 3.9 | 4.2 | 20.5% |
| Portugal | 1.2 | 0.9 | 1.9 | 0.6 | -20.6% |
| Italy | N/A | N/A | N/A | 0.5 | 0% |
| Others | 1.3 | 0.2 | 0.2 | 0.4 | -32.5% |
| Total | 4.9 | 3.9 | 6.0 | 5.6 | 4.6% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Spain in 2022:
- Switzerland (104.3 tons)
- Portugal (14.7 tons)
- Italy (7.9 tons)
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