Phenols; Phenol-Alcohols Price in Serbia - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Serbia (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Serbia (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Serbia
- Phenols; Phenol-Alcohols Exports in Serbia
Phenols; Phenol-Alcohols Price in Serbia (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $14,550 per ton in 2022, picking up by 7.3% against the previous year. In general, the import price enjoyed a temperate increase. The growth pace was the most rapid in 2019 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $17,235 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($21,922 per ton), while the price for Japan ($7,517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Serbia (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $19,187 per ton in 2022, shrinking by -21.1% against the previous year. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 161% against the previous year. As a result, the export price attained the peak level of $34,667 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($26,506 per ton), while the average price for exports to Italy ($12,480 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 Russia (+82.4%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Serbia
For the fourth year in a row, Serbia recorded growth in supplies from abroad of phenols; phenol-alcoholses, which increased by 22% to 120 tons in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, phenols; phenol-alcohols imports skyrocketed to $1.8M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 96.3 | 72.0 | 647 | 622 | 86.2% |
| Turkey | N/A | N/A | 152 | 372 | 144.7% |
| China | 138 | 309 | 215 | 366 | 38.4% |
| Italy | 8.4 | 19.4 | 96.9 | 131 | 149.8% |
| India | 68.2 | 50.1 | 33.5 | 88.2 | 9.0% |
| France | 30.6 | N/A | 4.9 | 57.0 | 23.0% |
| Japan | 46.1 | 36.2 | 37.0 | 36.9 | -7.2% |
| United Kingdom | 341 | 413 | 124 | 0.2 | -91.6% |
| Others | 51.7 | 121 | 25.3 | 79.4 | 15.4% |
| Total | 781 | 1,020 | 1,336 | 1,752 | 30.9% |
Top Suppliers of Phenols; Phenol-Alcohols to Serbia in 2022:
- United Kingdom (undefined tons)
- Germany (53.0 tons)
- China (26.8 tons)
- Turkey (18.5 tons)
- Italy (6.0 tons)
- Japan (4.9 tons)
- India (4.0 tons)
- France (4.0 tons)
Phenols; Phenol-Alcohols Exports in Serbia
In 2022, exports of phenols; phenol-alcoholses from Serbia surged to 25 tons, rising by 29% against 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 173%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, phenols; phenol-alcohols exports stood at $472K in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 104% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Phenols; Phenol-Alcohols in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 158 | 119 | 227 | 259 | 17.9% |
| Russia | 6.1 | N/A | N/A | 81.5 | 137.3% |
| Brazil | N/A | N/A | 82.2 | 50.6 | -38.4% |
| Argentina | N/A | 103 | 11.8 | 26.8 | -49.0% |
| Bulgaria | 13.7 | 43.9 | 19.9 | 24.0 | 20.5% |
| Romania | N/A | 15.7 | 19.9 | 21.0 | 15.7% |
| Italy | 3.0 | 50.9 | 50.5 | 3.1 | 1.1% |
| Turkey | 21.9 | N/A | 0.1 | 1.1 | -63.1% |
| China | N/A | 52.5 | N/A | N/A | 0% |
| Mexico | N/A | 34.4 | N/A | N/A | 0% |
| Others | 4.1 | 3.2 | 51.7 | 4.8 | 5.4% |
| Total | 207 | 422 | 463 | 472 | 31.6% |
Top Export Markets for Phenols; Phenol-Alcohols from Serbia in 2022:
- Spain (12.8 tons)
- Russia (4.0 tons)
- Brazil (3.9 tons)
- Argentina (1.6 tons)
- Bulgaria (1.0 tons)
- Romania (0.8 tons)
- Italy (0.3 tons)
- Turkey (0.1 tons)
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