Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (FOB) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (CIF) - 2022
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (FOB) - 2023
In November 2023, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,250 per ton, reducing by -5.4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 16% month-to-month. The export price peaked at $1,355 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($1,636 per ton), while the average price for exports to Belgium ($1,090 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,749 per ton in 2022, growing by 1.6% against the previous year. Overall, the import price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 165% against the previous year. Over the period under review, average import prices attained the peak figure at $6,815 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,625 per ton), while the price for the Netherlands ($1,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland
In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Finland dropped modestly to 131K tons, standing approx. at the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8% against the previous year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses surged to $198M in 2022. In general, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 72%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 24.7 | 30.8 | 45.1 | 68.2 | 40.3% |
| United Kingdom | 38.7 | 23.4 | 47.4 | 55.6 | 12.8% |
| Netherlands | 21.6 | 15.7 | 22.3 | 40.6 | 23.4% |
| Latvia | 5.8 | 3.7 | 6.1 | 9.5 | 17.9% |
| Sweden | 7.4 | 4.7 | 7.7 | 7.8 | 1.8% |
| Poland | 11.0 | 6.6 | 10.9 | 7.5 | -12.0% |
| Norway | 1.8 | 1.3 | 3.1 | 4.3 | 33.7% |
| Germany | 5.6 | 2.9 | 17.2 | 1.1 | -41.9% |
| Others | 6.1 | 5.6 | 2.5 | 2.9 | -22.0% |
| Total | 123 | 94.6 | 162 | 198 | 17.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Finland in 2022:
- Belgium (58.8K tons)
- United Kingdom (31.4K tons)
- Netherlands (21.8K tons)
- Latvia (5.8K tons)
- Poland (4.3K tons)
- Sweden (4.0K tons)
- Norway (2.4K tons)
- Germany (0.6K tons)
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland
In 2022, overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses decreased by -64.3% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 2,077%.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses declined remarkably to $4.5M in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,948%.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 0.3 | 3.6 | 2.0 | 158.2% |
| Germany | N/A | 0.3 | 0.3 | 1.1 | 91.5% |
| Switzerland | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Netherlands | N/A | N/A | 1.0 | 0.6 | -40.0% |
| Spain | N/A | N/A | 3.8 | N/A | 0% |
| Belgium | N/A | 0.2 | 3.7 | N/A | 1750.0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | N/A | 0.8 | 12.5 | 4.5 | 137.2% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Finland in 2022:
- Russia (1266.8 tons)
- Switzerland (517.6 tons)
- Netherlands (483.7 tons)
- Germany (300.0 tons)
- Belgium (2.8 tons)
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