Price for Monophenols; Cresols and Their Salts in Portugal - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Portugal (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Portugal (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Portugal
- Exports of Monophenols; Cresols and Their Salts in Portugal
Price for Monophenols; Cresols and Their Salts in Portugal (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $9,715 per ton in 2022, rising by 35% against the previous year. Overall, the import price showed resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 97% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($76,244 per ton), while the price for Italy ($1,136 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+27.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Monophenols; Cresols and Their Salts in Portugal (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $1,786 per ton in 2022, rising by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The export price peaked at $1,840 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guinea-Bissau ($2,350 per ton), while the average price for exports to Cabo Verde ($1,739 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 Guinea-Bissau (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Cresols and Their Salts in Portugal
In 2022, purchases abroad of monophenols; cresols and their saltses decreased by -0.7% to 1.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 141%. As a result, imports reached the peak of 3.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, monophenols; cresols and their salts imports skyrocketed to $17K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.7% 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 +94.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 89%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Monophenols; Cresols and Their Salts in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | N/A | N/A | 12.7 | 20.8% |
| United Kingdom | 0.7 | 13.8 | 7.2 | 2.8 | 58.7% |
| Italy | 0.3 | N/A | N/A | 0.3 | 0.0% |
| Others | 0.6 | 2.9 | 5.6 | 1.4 | 32.6% |
| Total | 8.8 | 16.7 | 12.8 | 17.1 | 24.8% |
Top Suppliers of Monophenols; Cresols and Their Salts to Portugal in 2022:
- China (749.0 kg)
- United Kingdom (741.0 kg)
- Italy (246.0 kg)
Exports of Monophenols; Cresols and Their Salts in Portugal
In 2022, shipments abroad of monophenols; cresols and their saltses increased by 22% to 8.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic setback.
In value terms, monophenols; cresols and their salts exports skyrocketed to $15K in 2022. Overall, exports, however, showed a dramatic downturn.
| Export of Monophenols; Cresols and Their Salts in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 250 | 10.3 | 6.4 | 14.2 | -61.6% |
| Cabo Verde | 2.1 | 3.8 | N/A | 0.5 | -38.0% |
| Mozambique | 0.7 | 2.2 | 2.1 | 0.1 | -47.7% |
| Guinea-Bissau | 6.9 | 3.7 | 1.0 | 0.1 | -75.6% |
| Others | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Total | 260 | 20.1 | 9.5 | 14.8 | -61.5% |
Top Export Markets for Monophenols; Cresols and Their Salts from Portugal in 2022:
- Guinea-Bissau (undefined tons)
- Angola (8.0 tons)
- Cabo Verde (0.3 tons)
- Mozambique (0.1 tons)
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