Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil - 2024
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (FOB) - 2024
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (CIF) - 2024
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (FOB) - 2024
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $692 per ton in February 2024, declining by -53% against the previous month. In general, the export price saw a deep setback. The growth pace was the most rapid in July 2023 when the average export price increased by 96% month-to-month. Over the period under review, the average export prices attained the maximum at $1,511 per ton in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($1,569 per ton), while the average price for exports to Turkey amounted to $550 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (CIF) - 2024
In February 2024, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,314 per ton, flattening at the previous month. Overall, the import price faced a precipitous setback. The pace of growth was the most pronounced in November 2023 when the average import price increased by 11% month-to-month. The import price peaked at $150K per ton in February 2023; however, from March 2023 to February 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the countries with the highest prices were China ($1,392 per ton) and Hong Kong SAR ($1,360 per ton), while the price for South Africa ($1,070 per ton) and Germany ($1,304 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil
In 2022, overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses were finally on the rise to reach 32K tons after two years of decline. Overall, exports, however, showed a mild contraction.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses soared to $46M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 14.1 | 12.4 | 14.3 | 21.9 | 15.8% |
| Argentina | 12.6 | 4.4 | 8.8 | 16.6 | 9.6% |
| India | 2.9 | 1.5 | 4.3 | 3.8 | 9.4% |
| Belgium | N/A | N/A | N/A | 1.6 | 0% |
| China | 2.4 | 3.9 | N/A | 0.1 | -65.3% |
| Others | 2.8 | 2.7 | 2.0 | 1.7 | -15.3% |
| Total | 34.7 | 24.9 | 29.5 | 45.7 | 9.6% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Brazil in 2022:
- Chile (14.9K tons)
- Argentina (10.5K tons)
- India (4.9K tons)
- Belgium (0.9K tons)
- China (0.1K tons)
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil
In 2022, supplies from abroad of monophenols; phenol (hydroxybenzene) and its saltses decreased by -57.1% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2020 with an increase of 219%. As a result, imports attained the peak of 5.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted rapidly to $2.8M in 2022. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 201% against the previous year. As a result, imports reached the peak of $6.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,807 | 1,140 | 1,165 | 2,005 | 3.5% |
| China | N/A | 31.1 | N/A | 568 | 327.4% |
| United States | 25.6 | 26.8 | 159 | 130 | 71.9% |
| India | N/A | 2,453 | 2,396 | 43.5 | -86.7% |
| Russia | 242 | 2,672 | 454 | N/A | 37.0% |
| Others | 27.1 | 10.9 | 19.7 | 16.2 | -15.8% |
| Total | 2,101 | 6,334 | 4,194 | 2,763 | 9.6% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Brazil in 2022:
- South Africa (1459.1 tons)
- China (295.6 tons)
- United States (58.9 tons)
- India (55.7 tons)
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