Phenols; Phenol-Alcohols Price in Belgium - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Belgium (FOB) - 2023
- Phenols; Phenol-Alcohols Price in Belgium (CIF) - 2023
- Phenols; Phenol-Alcohols Exports in Belgium
- Phenols; Phenol-Alcohols Imports in Belgium
Phenols; Phenol-Alcohols Price in Belgium (FOB) - 2023
The average phenols; phenol-alcohols export price stood at $1,506 per ton in July 2023, dropping by -6.6% against the previous month. Overall, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 39% against the previous month. Over the period under review, the average export prices hit record highs at $2,357 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($2,288 per ton), while the average price for exports to Turkey ($752 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.7%), while the prices for the other major destinations experienced a decline.
Phenols; Phenol-Alcohols Price in Belgium (CIF) - 2023
In July 2023, the average phenols; phenol-alcohols import price amounted to $1,459 per ton, stabilizing at the previous month. In general, the import price showed a pronounced curtailment. The growth pace was the most rapid in January 2023 an increase of 20% against the previous month. Over the period under review, average import prices reached the maximum at $2,140 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2,055 per ton), while the price for Finland ($979 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (-1.5%), while the prices for the other major suppliers experienced a decline.
Phenols; Phenol-Alcohols Exports in Belgium
After three years of growth, shipments abroad of phenols; phenol-alcoholses decreased by -84.6% to 104K tons in 2022. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 274%.
In value terms, phenols; phenol-alcohols exports contracted dramatically to $212M in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 189% against the previous year.
| Export of Phenols; Phenol-Alcohols in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 69.3 | 191 | 452 | 93.8 | 10.6% |
| Netherlands | 64.3 | 107 | 306 | 58.7 | -3.0% |
| France | 5.9 | 13.0 | 28.8 | 6.3 | 2.2% |
| Israel | 2.3 | 8.0 | 18.6 | 4.5 | 25.1% |
| United Kingdom | 2.6 | 10.6 | 22.2 | 4.4 | 19.2% |
| Poland | 0.4 | 1.6 | 3.6 | 3.1 | 97.9% |
| Others | 36.0 | 191 | 142 | 40.9 | 4.3% |
| Total | 181 | 523 | 972 | 212 | 5.4% |
Top Export Markets for Phenols; Phenol-Alcohols from Belgium in 2022:
- Germany (52.8K tons)
- Netherlands (34.2K tons)
- United Kingdom (2.6K tons)
- Israel (2.5K tons)
- France (2.2K tons)
- Poland (1.8K tons)
Phenols; Phenol-Alcohols Imports in Belgium
In 2022, purchases abroad of phenols; phenol-alcoholses decreased by -72.3% to 113K tons, falling for the second year in a row after two years of growth. In general, imports showed a pronounced decline. The growth pace was the most rapid in 2020 with an increase of 261% against the previous year. As a result, imports attained the peak of 458K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, phenols; phenol-alcohols imports declined notably to $235M in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 182% against the previous year.
| Import of Phenols; Phenol-Alcohols in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.8 | 138 | 168 | 75.7 | 19.1% |
| Spain | 66.9 | 139 | 210 | 67.5 | 0.3% |
| Japan | 3.1 | 1.7 | 11.0 | 28.9 | 110.5% |
| Finland | 10.1 | 34.8 | 43.9 | 20.2 | 26.0% |
| Saudi Arabia | N/A | N/A | 11.4 | 4.2 | -63.2% |
| United States | 3.0 | 44.7 | 27.1 | 4.0 | 10.1% |
| Others | 23.6 | 69.7 | 66.7 | 34.9 | 13.9% |
| Total | 152 | 428 | 537 | 235 | 15.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Belgium in 2022:
- Spain (48.1K tons)
- Germany (31.0K tons)
- Finland (16.6K tons)
- United States (4.0K tons)
- Japan (3.9K tons)
- Saudi Arabia (2.9K tons)
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