Price for Monophenols; Cresols and Their Salts in Denmark - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Denmark (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Denmark (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Denmark
- Exports of Monophenols; Cresols and Their Salts in Denmark
Price for Monophenols; Cresols and Their Salts in Denmark (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $43,784 per ton in 2022, dropping by -45.4% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 192%. Over the period under review, average import prices reached the peak figure at $155,713 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -10.2% per year.
Price for Monophenols; Cresols and Their Salts in Denmark (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $57,219 per ton in 2022, with a decrease of -50.3% against the previous year. Overall, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 23%. Over the period under review, the average export prices reached the peak figure at $147,843 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 China ($203,368 per ton), while the average price for exports to India ($22,413 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 France (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Monophenols; Cresols and Their Salts in Denmark
In 2022, approx. 54 tons of monophenols; cresols and their saltses were imported into Denmark; with an increase of 113% against 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 2,373%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, monophenols; cresols and their salts imports skyrocketed to $2.4M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 7,126% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Monophenols; Cresols and Their Salts in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 1.2 | 2,043 | 2,346 | 775.2% |
| United Kingdom | N/A | 27.1 | N/A | N/A | 0% |
| Others | 0.7 | N/A | 4.0 | 31.3 | 254.9% |
| Total | 4.2 | 28.3 | 2,047 | 2,378 | 727.3% |
Top Suppliers of Monophenols; Cresols and Their Salts to Denmark in 2022:
- Germany (53.8 tons)
Exports of Monophenols; Cresols and Their Salts in Denmark
For the fourth consecutive year, Denmark recorded growth in shipments abroad of monophenols; cresols and their saltses, which increased by 169% to 40 tons in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; cresols and their salts exports skyrocketed to $2.3M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Cresols and Their Salts in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.9 | 21.7 | 24.9 | 591 | 199.9% |
| United States | 442 | 369 | 522 | 489 | 3.4% |
| China | 289 | 306 | 359 | 429 | 14.1% |
| Brazil | 313 | 303 | 299 | 386 | 7.2% |
| France | 308 | 398 | 466 | 349 | 4.3% |
| Others | 35.0 | 136 | 42.7 | 48.3 | 11.3% |
| Total | 1,410 | 1,534 | 1,714 | 2,293 | 17.6% |
Top Export Markets for Monophenols; Cresols and Their Salts from Denmark in 2022:
- India (26.4 tons)
- United States (6.2 tons)
- Brazil (3.3 tons)
- China (2.1 tons)
- France (1.9 tons)
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