Phenols; Phenol-Alcohols Price in Chile - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Chile (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Chile (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Chile
- Phenols; Phenol-Alcohols Exports in Chile
Phenols; Phenol-Alcohols Price in Chile (CIF) - 2023
In July 2023, the average phenols; phenol-alcohols import price amounted to $2,286 per ton, rising by 35% against the previous month. Overall, import price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, phenols; phenol-alcohols import price increased by +35.2% against June 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 76% month-to-month. The import price peaked at $2,740 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Brazil ($2,007 per ton), while the price for Taiwan (Chinese) amounted to $1,694 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%).
Phenols; Phenol-Alcohols Price in Chile (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $8,275 per ton, declining by -10.9% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 3,037%. As a result, the export price reached the peak level of $259,444 per ton. From 2020 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 Colombia ($8,475 per ton), while the average price for exports to Paraguay ($5,574 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 Colombia (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.
Phenols; Phenol-Alcohols Imports in Chile
In 2022, approx. 23K tons of phenols; phenol-alcoholses were imported into Chile; rising by 31% against the year before. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phenols; phenol-alcohols imports surged to $33M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Phenols; Phenol-Alcohols in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 16.3 | 13.9 | 15.8 | 25.1 | 15.5% |
| United States | 0.2 | 2.8 | 7.1 | 3.8 | 166.8% |
| Others | 3.9 | 4.6 | 4.0 | 3.6 | -2.6% |
| Total | 20.5 | 21.3 | 26.9 | 32.5 | 16.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Chile in 2022:
- Brazil (20.1K tons)
- United States (2.5K tons)
Phenols; Phenol-Alcohols Exports in Chile
In 2022, the amount of phenols; phenol-alcoholses exported from Chile soared to 27 tons, jumping by 30% on 2021 figures. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 29,178%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, phenols; phenol-alcohols exports surged to $227K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 837% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Phenols; Phenol-Alcohols in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | 170 | 193 | 13.5% |
| Paraguay | N/A | 11.8 | 13.0 | 24.5 | 44.1% |
| Colombia | N/A | N/A | 4.9 | 2.0 | -59.2% |
| Others | 2.3 | 9.2 | 7.7 | 7.5 | 48.3% |
| Total | 2.3 | 20.9 | 196 | 227 | 362.1% |
Top Export Markets for Phenols; Phenol-Alcohols from Chile in 2022:
- Peru (22.8 tons)
- Paraguay (4.4 tons)
- Colombia (0.2 tons)
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