Phenols; Phenol-Alcohols Price in Luxembourg - 2023

Contents:

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

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

The average phenols; phenol-alcohols import price stood at $9,589 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 +59.1% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. The import price peaked at $9,687 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($14,000 per ton), while the price for Belgium ($8,456 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 (+8.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average phenols; phenol-alcohols export price amounted to $17,669 per ton, rising by 1,004% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. Over the period under review, the average export prices attained the peak figure at $24,765 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +20.1% per year.

Phenols; Phenol-Alcohols Imports in Luxembourg

In 2022, imports of phenols; phenol-alcoholses into Luxembourg rose markedly to 97 tons, growing by 9.1% against 2021. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

In value terms, phenols; phenol-alcohols imports expanded sharply to $931K in 2022. Overall, imports, however, showed a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.

Import of Phenols; Phenol-Alcohols in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium641462598525-6.4%
Germany351257259310-4.1%
IrelandN/AN/AN/A25.30%
Others62.210.74.471.14.6%
Total1,055730862931-4.1%

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

  1. Belgium (62.0 tons)
  2. Germany (31.1 tons)
  3. Ireland (2.7 tons)

Phenols; Phenol-Alcohols Exports in Luxembourg

In 2022, overseas shipments of phenols; phenol-alcoholses were finally on the rise to reach 148 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp descent.

In value terms, phenols; phenol-alcohols exports surged to $2.6K in 2022. In general, exports, however, showed a precipitous setback.

Export of Phenols; Phenol-Alcohols in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A2.60%
GermanyN/A1.8N/AN/A0%
Italy34.2N/AN/AN/A0%
Netherlands0.20.2N/AN/A0.0%
Others0.40.1N/AN/A-75.0%
Total34.82.1N/A2.6-57.9%

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

  1. Belgium (147.0 kg)

Source: IndexBox Market Intelligence Platform

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