Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile - 2024
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (CIF) - 2024
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (CIF) - 2024
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,477 per ton in January 2024, growing by 2.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 35% against the previous month. As a result, import price reached the peak level of $2,317 per ton. From June 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($1,481 per ton), while the price for China totaled $1,388 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $288,769 per ton, rising by 9.1% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price attained 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 Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +5.0% per year.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile
For the fourth consecutive year, Chile recorded growth in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, which increased by 35% to 36K tons in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses soared to $29M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 +76.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 16.3 | 13.8 | 15.7 | 25.0 | 15.3% |
| United States | N/A | 2.7 | 7.0 | 3.7 | 17.1% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 16.3 | 16.7 | 22.7 | 28.8 | 20.9% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Chile in 2022:
- Brazil (31.5K tons)
- United States (4.0K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses exported from Chile surged to 26 kg, with an increase of 117% against 2021 figures. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses surged to $7.5K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 143%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Bolivia | 1.3 | 3.2 | 7.5 | 140.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.3 | 3.2 | 7.5 | 140.2% | |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Chile in 2022:
- Bolivia (26.0 kg)
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