Phenols; Phenol-Alcohols Price in Germany - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Germany (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Germany (FOB) - 2023
- Phenols; Phenol-Alcohols Imports in Germany
- Phenols; Phenol-Alcohols Exports in Germany
Phenols; Phenol-Alcohols Price in Germany (CIF) - 2023
In August 2023, the average phenols; phenol-alcohols import price amounted to $2,160 per ton, increasing by 23% against the previous month. In general, the import price, however, saw a mild decrease. The import price peaked at $2,690 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,264 per ton), while the price for South Korea ($1,471 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 France (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Germany (FOB) - 2023
In August 2023, the average phenols; phenol-alcohols export price amounted to $1,683 per ton, reducing by -8.1% against the previous month. Overall, the export price saw a perceptible downturn. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 77% against the previous month. As a result, the export price attained the peak level of $3,577 per ton. From April 2023 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the UK ($3,931 per ton), while the average price for exports to Poland ($1,303 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.6%), while the prices for the other major destinations experienced a decline.
Phenols; Phenol-Alcohols Imports in Germany
In 2022, the amount of phenols; phenol-alcoholses imported into Germany contracted dramatically to 358K tons, waning by -24.5% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 474K tons, and then contracted notably in the following year.
In value terms, phenols; phenol-alcohols imports reduced to $694M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +63.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $769M, and then shrank in the following year.
| Import of Phenols; Phenol-Alcohols in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 157 | 129 | 333 | 246 | 16.1% |
| United States | 81.3 | 55.2 | 72.2 | 67.1 | -6.2% |
| Switzerland | 39.2 | 44.8 | 57.4 | 62.9 | 17.1% |
| Netherlands | 28.6 | 22.1 | 44.4 | 62.8 | 30.0% |
| France | 33.4 | 28.7 | 50.9 | 59.2 | 21.0% |
| Spain | 35.0 | 19.1 | 40.9 | 26.5 | -8.9% |
| Finland | 12.2 | 7.5 | 28.3 | 24.8 | 26.7% |
| South Korea | 21.9 | 12.7 | 23.6 | 23.8 | 2.8% |
| Others | 109 | 105 | 119 | 121 | 3.5% |
| Total | 518 | 424 | 769 | 694 | 10.2% |
Top Suppliers of Phenols; Phenol-Alcohols to Germany in 2022:
- Belgium (150.5K tons)
- United States (59.1K tons)
- Netherlands (33.7K tons)
- France (30.1K tons)
- Switzerland (19.8K tons)
- Spain (12.1K tons)
- Finland (10.2K tons)
- South Korea (9.6K tons)
Phenols; Phenol-Alcohols Exports in Germany
In 2022, approx. 73K tons of phenols; phenol-alcoholses were exported from Germany; which is down by -74.8% against the previous year. Over the period under review, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 0.7%.
In value terms, phenols; phenol-alcohols exports dropped dramatically to $319M in 2022. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $662M, and then reduced rapidly in the following year.
| Export of Phenols; Phenol-Alcohols in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 44.8 | 55.2 | 54.9 | 44.1 | -0.5% |
| United Kingdom | 47.4 | 45.6 | 49.1 | 37.1 | -7.8% |
| United States | 21.7 | 21.6 | 25.1 | 28.1 | 9.0% |
| France | 16.5 | 15.9 | 23.4 | 19.2 | 5.2% |
| Japan | 21.4 | 22.0 | 21.1 | 19.2 | -3.6% |
| Spain | 15.6 | 16.9 | 19.7 | 16.9 | 2.7% |
| China | 12.5 | 20.2 | 24.9 | 14.4 | 4.8% |
| Netherlands | 108 | 77.7 | 107 | 13.9 | -49.5% |
| Switzerland | 37.8 | 30.2 | 42.6 | 13.6 | -28.9% |
| South Korea | 12.7 | 15.7 | 17.3 | 11.8 | -2.4% |
| Italy | 18.1 | 16.7 | 25.2 | 9.8 | -18.5% |
| Poland | 93.5 | 72.1 | 125 | 4.6 | -63.4% |
| Austria | 13.4 | 16.0 | 17.7 | 4.6 | -30.0% |
| Others | 70.7 | 86.0 | 109 | 81.7 | 4.9% |
| Total | 534 | 512 | 662 | 319 | -15.8% |
Top Export Markets for Phenols; Phenol-Alcohols from Germany in 2022:
- Netherlands (9.7K tons)
- United Kingdom (7.6K tons)
- Switzerland (7.6K tons)
- Belgium (7.5K tons)
- Spain (4.3K tons)
- Italy (3.7K tons)
- United States (3.5K tons)
- Japan (3.3K tons)
- France (3.1K tons)
- Poland (2.8K tons)
- Austria (2.6K tons)
- China (2.0K tons)
- South Korea (2.0K tons)
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