Price for Monophenols; Cresols and Their Salts in Italy - 2023

Contents:

1. Price for Monophenols; Cresols and Their Salts in Italy (CIF) - 2022
2. Price for Monophenols; Cresols and Their Salts in Italy (FOB) - 2022
3. Imports of Monophenols; Cresols and Their Salts in Italy
4. Exports of Monophenols; Cresols and Their Salts in Italy

Price for Monophenols; Cresols and Their Salts in Italy (CIF) - 2022

The average import price for monophenols; cresols and their saltses stood at $1,818 per ton in 2022, surging by 32% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. Over the period under review, average import prices reached the peak figure at $2,343 per ton in 2013; however, from 2014 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 Germany ($7,435 per ton), while the price for the United States ($1,093 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Cresols and Their Salts in Italy (FOB) - 2022

In 2022, the average export price for monophenols; cresols and their saltses amounted to $164,013 per ton, with a decrease of -65% against the previous year. In general, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 2,715% against the previous year. Over the period under review, the average export prices attained the maximum at $469,143 per ton in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($494,397 per ton), while the average price for exports to Belgium ($19,286 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 Denmark (+1,900.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Cresols and Their Salts in Italy

In 2022, approx. 3.3K tons of monophenols; cresols and their saltses were imported into Italy; declining by -29.9% against the previous year's figure. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +25.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 79%. As a result, imports reached the peak of 4.7K tons, and then declined rapidly in the following year.

In value terms, monophenols; cresols and their salts imports contracted to $6M in 2022. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.5% 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 +42.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of $6.5M, and then dropped in the following year.

Top Suppliers of Monophenols; Cresols and Their Salts to Italy in 2022:

1. United States (2463.5 tons)
2. Belgium (158.1 tons)
3. Netherlands (152.8 tons)
4. China (135.3 tons)
5. India (134.4 tons)
6. Germany (127.5 tons)
7. Finland (81.1 tons)

Exports of Monophenols; Cresols and Their Salts in Italy

In 2022, approx. 109 tons of monophenols; cresols and their saltses were exported from Italy; jumping by 1,409% on the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,724% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, monophenols; cresols and their salts exports surged to $18M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,040%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Monophenols; Cresols and Their Salts from Italy in 2022:

1. Belgium (64.0 tons)
2. United States (28.9 tons)
3. France (15.8 tons)

Source: IndexBox Market Intelligence Platform