Phenols; Phenol-Alcohols Price in Portugal - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Portugal (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Portugal (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Portugal
- Phenols; Phenol-Alcohols Exports in Portugal
Phenols; Phenol-Alcohols Price in Portugal (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $2,630 per ton in 2022, growing by 34% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +54.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,984 per ton), while the price for the UK ($2,325 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) (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Portugal (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $3,731 per ton in 2022, surging by 101% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Kenya ($9,034 per ton), while the average price for exports to Cabo Verde ($1,136 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 Angola (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Phenols; Phenol-Alcohols Imports in Portugal
In 2022, phenols; phenol-alcohols imports into Portugal reduced remarkably to 7.3K tons, dropping by -21.3% on 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 9.3K tons, and then declined remarkably in the following year.
In value terms, phenols; phenol-alcohols imports expanded remarkably to $19M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +60.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.2 | 4.1 | 10.6 | 10.7 | 27.2% |
| Spain | 0.6 | 0.6 | 2.7 | 2.7 | 65.1% |
| Germany | 4.5 | 3.6 | 2.6 | 2.3 | -20.0% |
| Switzerland | 0.3 | 0.3 | N/A | 1.9 | 85.0% |
| Poland | 3.2 | 2.3 | 1.9 | 0.9 | -34.5% |
| Others | 2.1 | 1.2 | 0.6 | 0.8 | -27.5% |
| Total | 15.8 | 12.1 | 18.3 | 19.3 | 6.9% |
Top Suppliers of Phenols; Phenol-Alcohols to Portugal in 2022:
- United Kingdom (4.6K tons)
- Spain (1.1K tons)
- Germany (0.9K tons)
- Poland (0.3K tons)
- Switzerland (0.3K tons)
Phenols; Phenol-Alcohols Exports in Portugal
In 2022, approx. 29 tons of phenols; phenol-alcoholses were exported from Portugal; falling by -59.7% against the year before. In general, exports showed a sharp decrease. The smallest decline of -14.6% was in 2021.
In value terms, phenols; phenol-alcohols exports dropped markedly to $109K in 2022. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.
| Export of Phenols; Phenol-Alcohols in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 20.0 | 54.9 | 174.5% |
| Brazil | N/A | 40.0 | 62.0 | 16.4 | -36.0% |
| Angola | 239 | 12.6 | 30.5 | 15.9 | -59.5% |
| Kenya | 19.7 | 13.6 | 13.9 | 13.6 | -11.6% |
| Spain | 0.1 | 0.2 | 0.2 | 4.0 | 242.0% |
| France | N/A | 44.0 | 3.0 | 0.1 | -95.2% |
| Cabo Verde | 23.2 | 4.3 | N/A | N/A | -81.5% |
| Others | 0.9 | 6.3 | 4.9 | 4.1 | 65.8% |
| Total | 283 | 121 | 135 | 109 | -27.2% |
Top Export Markets for Phenols; Phenol-Alcohols from Portugal in 2022:
- France (undefined tons)
- Cabo Verde (undefined tons)
- United Kingdom (9.7 tons)
- Brazil (9.5 tons)
- Angola (7.5 tons)
- Kenya (1.5 tons)
- Spain (0.5 tons)
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