Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (CIF) - 2022
In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,580 per ton, jumping by 19% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 45%. The import price peaked at $2,398 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($1,714 per ton), while the price for the United States ($1,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $113,655 per ton in 2022, jumping by 889% against the previous year. Overall, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +11.6% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina
In 2022, approx. 15K tons of monophenols; phenol (hydroxybenzene) and its saltses were imported into Argentina; growing by 1.7% compared with the year before. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 7.9%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $24M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +88.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 15.8 | 5.3 | 9.4 | 18.0 | 4.4% |
| United States | N/A | 6.5 | 9.3 | 4.4 | -17.7% |
| South Africa | 1.2 | 0.5 | 0.5 | 1.1 | -2.9% |
| Others | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Total | 17.2 | 12.5 | 19.5 | 23.5 | 11.0% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Argentina in 2022:
- Brazil (10.5K tons)
- United States (3.6K tons)
- South Africa (0.8K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina
In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Argentina reduced dramatically to 29 kg, which is down by -89.6% on 2021. Overall, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, the exports reached the peak of 280 kg, and then declined rapidly in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses rose modestly to $3.3K in 2022. The total export value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of $3.3K; afterwards, it flattened through to 2022.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.1 | 0.6 | 0.1 | 3.3 | 220.8% |
| Chile | 2.1 | 2.6 | 0.4 | N/A | -56.4% |
| Italy | N/A | N/A | 2.8 | N/A | 0% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 2.5 | 3.3 | 3.2 | 3.3 | 9.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Argentina in 2022:
- Paraguay (29.0 kg)
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