Phenols; Phenol-Alcohols Price in Argentina - 2023

Contents:

  1. Phenols; Phenol-Alcohols Price in Argentina (CIF) - 2022
  2. Phenols; Phenol-Alcohols Price in Argentina (FOB) - 2022
  3. Phenols; Phenol-Alcohols Imports in Argentina
  4. Phenols; Phenol-Alcohols Exports in Argentina

Phenols; Phenol-Alcohols Price in Argentina (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $2,455 per ton, increasing by 2.2% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols import price increased by +68.6% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 42%. As a result, import price attained the peak level of $2,974 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,474 per ton), while the price for South Africa ($1,432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenols; Phenol-Alcohols Price in Argentina (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $6,998 per ton in 2022, growing by 5.1% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols export price increased by +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 24%. The export price peaked at $8,453 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to +21.4% per year.

Phenols; Phenol-Alcohols Imports in Argentina

In 2022, the amount of phenols; phenol-alcoholses imported into Argentina skyrocketed to 15K tons, jumping by 20% against the year before. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% 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 +56.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, phenols; phenol-alcohols imports skyrocketed to $37M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +88.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Phenols; Phenol-Alcohols in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil16.15.49.618.03.8%
United States0.47.110.25.0132.1%
China2.41.82.82.74.0%
South Africa1.20.50.51.1-2.9%
Others3.84.76.910.038.1%
Total23.919.630.036.915.6%

Top Suppliers of Phenols; Phenol-Alcohols to Argentina in 2022:

  1. Brazil (10.5K tons)
  2. United States (2.7K tons)
  3. South Africa (0.8K tons)
  4. China (0.2K tons)

Phenols; Phenol-Alcohols Exports in Argentina

Phenols; phenol-alcohols exports from Argentina declined remarkably to 471 kg in 2022, waning by -98.8% against 2021. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -3.1% was in 2020.

In value terms, phenols; phenol-alcohols exports declined dramatically to $3.3K in 2022. In general, exports saw a sharp slump. The smallest decline of -5.3% was in 2020.

Export of Phenols; Phenol-Alcohols in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay2092762603.3-74.9%
Uruguay82.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2912762603.3-77.5%

Top Export Markets for Phenols; Phenol-Alcohols from Argentina in 2022:

  1. Paraguay (471.0 kg)

Source: IndexBox Market Intelligence Platform

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