Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (CIF) - 2022
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,414 per ton in April 2021, rising by 34% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +8.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From January 2021 to April 2021, the rate of growth in terms of prices for Russia amounted to +7.5% per month.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,256 per ton, declining by -10.5% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 77% against the previous year. The export price peaked at $2,563 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($64,244 per ton), while the average price for exports to Poland stood at $1,202 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+38.0%).
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus
In 2022, overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses decreased by -14.4% to 8.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of 9.7K tons, and then shrank in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $11M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.6 | 9.6 | 11.8 | 10.6 | 23.7% |
| Finland | 0.4 | 0.2 | 0.6 | 0.5 | 7.7% |
| Others | 0.5 | 0.3 | 0.1 | 0.1 | -41.5% |
| Total | 6.5 | 10.1 | 12.4 | 11.3 | 20.2% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Belarus in 2022:
- Russia (7.9K tons)
- Finland (0.4K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus
Exports of monophenols; phenol (hydroxybenzene) and its saltses from Belarus fell markedly to 180 tons in 2022, which is down by -34.1% against 2021. In general, exports, however, posted slight growth. The pace of growth appeared the most rapid in 2021 with an increase of 215% against the previous year. As a result, the exports reached the peak of 273 tons, and then declined rapidly in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses fell notably to $226K in 2022. Overall, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 458% against the previous year. As a result, the exports reached the peak of $384K, and then reduced sharply in the following year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 63.0 | N/A | 108 | 30.9% |
| Egypt | 242 | N/A | N/A | N/A | 0% |
| Others | 2.7 | 5.8 | 384 | 118 | 252.2% |
| Total | 245 | 68.8 | 384 | 226 | -2.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Belarus in 2022:
- Poland (90.0 tons)
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