Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in France - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in France (CIF) - 2023
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in France
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in France (CIF) - 2023
In November 2023, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,625 per ton, growing by 3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in October 2023 when the average import price increased by 16% against the previous month. The import price peaked in November 2023.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were the Netherlands ($1,746 per ton) and Spain ($1,685 per ton), while the price for Belgium ($1,390 per ton) and Austria ($1,559 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in France
In 2022, after three years of growth, there was significant decline in supplies from abroad of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -28.5% to 11K tons. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 14%.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses contracted to $21M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +50.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 76%. As a result, imports attained the peak of $25M, and then declined in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.5 | 3.7 | 10.5 | 6.7 | 6.8% |
| Germany | 2.7 | 1.3 | 3.8 | 6.2 | 31.9% |
| Spain | 4.7 | 7.3 | 8.4 | 6.0 | 8.5% |
| Austria | N/A | N/A | 0.1 | 1.0 | 900.0% |
| India | N/A | N/A | 0.8 | 0.8 | 0.0% |
| Finland | 2.0 | 0.8 | 1.0 | 0.1 | -63.2% |
| Others | 0.3 | 0.9 | 0.2 | 0.2 | -12.6% |
| Total | 15.3 | 14.0 | 24.7 | 21.1 | 11.3% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to France in 2022:
- Belgium (3.7K tons)
- Germany (3.6K tons)
- Spain (3.1K tons)
- Austria (0.5K tons)
- India (0.3K tons)
- Finland (0.1K tons)
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