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

Contents:

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

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

The average import price for monophenols; cresols and their saltses stood at $3,970 per ton in 2022, with an increase of 45% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. As a result, import price reached the peak level of $4,332 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,276 per ton), while the price for Belgium ($2,975 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for monophenols; cresols and their saltses amounted to $57,852 per ton, surging by 49% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 132% against the previous year. The export price peaked in 2022 and is expected to retain 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 Singapore ($104,798 per ton), while the average price for exports to Ukraine ($8,508 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 Switzerland (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Cresols and Their Salts in Spain

In 2022, supplies from abroad of monophenols; cresols and their saltses decreased by -2.3% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, monophenols; cresols and their salts imports skyrocketed to $4.4M in 2022. Overall, imports saw a abrupt shrinkage.

Import of Monophenols; Cresols and Their Salts in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.83.31.01.9-26.6%
China2.22.40.71.5-12.0%
Germany0.40.30.90.57.7%
Belgium0.50.40.40.50.0%
United Kingdom0.30.5N/AN/A66.7%
OthersN/AN/A0.1N/A0%
Total8.36.83.14.4-19.1%

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

  1. India (434.1 tons)
  2. China (340.1 tons)
  3. Germany (163.6 tons)
  4. Belgium (156.9 tons)
  5. United Kingdom (0.3 tons)

Exports of Monophenols; Cresols and Their Salts in Spain

In 2022, overseas shipments of monophenols; cresols and their saltses decreased by -28% to 814 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of 5.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, monophenols; cresols and their salts exports expanded notably to $47K in 2022. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of $92K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Monophenols; Cresols and Their Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore16.824.816.323.912.5%
IndiaN/A1.13.34.5102.3%
Netherlands1.910.06.54.129.2%
United Kingdom1.30.1N/A1.67.2%
RomaniaN/AN/A0.21.3550.0%
Switzerland5.2N/AN/A1.1-40.4%
Turkey0.40.40.41.035.7%
UkraineN/AN/AN/A0.90%
Mexico0.7N/A0.40.84.6%
LithuaniaN/AN/AN/A0.80%
France19.036.21.40.8-65.2%
Thailand3.26.72.90.5-46.1%
Greece0.10.10.10.458.7%
Others25.212.912.25.5-39.8%
Total73.892.143.747.1-13.9%

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

  1. Singapore (228.0 kg)
  2. Ukraine (100.0 kg)
  3. Turkey (82.0 kg)
  4. United Kingdom (61.0 kg)
  5. France (53.0 kg)
  6. Netherlands (50.0 kg)
  7. India (50.0 kg)
  8. Romania (28.0 kg)
  9. Thailand (24.0 kg)
  10. Lithuania (23.0 kg)
  11. Switzerland (21.0 kg)
  12. Mexico (15.0 kg)
  13. Greece (15.0 kg)

Source: IndexBox Market Intelligence Platform

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