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

Contents:

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

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

The average import price for monophenols; naphthols and their saltses stood at $5,129 per ton in 2022, growing by 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $5,151 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($31,353 per ton), while the price for Belgium ($3,310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for monophenols; naphthols and their saltses stood at $29,291 per ton in 2022, falling by -7.6% against the previous year. In general, the export price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices attained the maximum at $97,791 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($86,202 per ton), while the average price for exports to Turkey ($7,524 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 Venezuela (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Monophenols; Naphthols and Their Salts in Spain

For the fourth year in a row, Spain recorded growth in overseas purchases of monophenols; naphthols and their saltses, which increased by 11% to 122 tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.4% 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 +92.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 58%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, monophenols; naphthols and their salts imports soared to $628K in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Monophenols; Naphthols and Their Salts in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium61.716525719145.7%
Germany0.936.775.0147446.6%
China34.721.921.666.524.2%
Netherlands1.429.26.665.3260.0%
Italy42.845.382.263.714.2%
India98.157.322.030.6-32.2%
Others29.258.871.963.829.8%
Total26941453662832.7%

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

  1. Belgium (57.8 tons)
  2. Germany (17.3 tons)
  3. China (14.2 tons)
  4. Netherlands (14.0 tons)
  5. Italy (8.4 tons)
  6. India (8.2 tons)

Exports of Monophenols; Naphthols and Their Salts in Spain

In 2022, monophenols; naphthols and their salts exports from Spain soared to 191 kg, increasing by 34% compared with the year before. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 112%. As a result, the exports reached the peak of 195 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, monophenols; naphthols and their salts exports surged to $5.6K in 2022. Overall, exports, however, showed a relatively flat trend pattern.

Export of Monophenols; Naphthols and Their Salts in Spain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal2,6154,0862,1691,992-8.7%
Venezuela859944N/A1,16410.7%
LebanonN/AN/AN/A4610%
ThailandN/A283N/A3226.7%
RomaniaN/A78.022.012325.6%
Colombia317N/AN/A119-27.9%
TurkeyN/AN/AN/A1050%
Others1,8031,3932,3501,307-10.2%
Total5,5946,7844,5415,593-0.0%

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

  1. Venezuela (47.0 kg)
  2. Thailand (29.0 kg)
  3. Portugal (23.0 kg)
  4. Turkey (14.0 kg)
  5. Lebanon (9.0 kg)
  6. Romania (8.0 kg)
  7. Colombia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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