Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary - 2023

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (CIF) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (CIF) - 2022

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,705 per ton in 2022, picking up by 16% against the previous year. In general, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 311%. As a result, import price reached the peak level of $6,624 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,015 per ton), while the price for Germany amounted to $2,410 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%).

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (FOB) - 2022

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $42,037 per ton in 2022, increasing by 641% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($825,000 per ton), while the average price for exports to Slovakia ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+206.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary

Imports of monophenols; phenol (hydroxybenzene) and its saltses into Hungary reduced notably to 46 tons in 2022, with a decrease of -54.4% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses dropped remarkably to $124K in 2022. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports reached the peak of $233K, and then fell remarkably in the following year.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany150111168107-10.6%
Belgium3.940.818.72.5-13.8%
Others7.79.546.314.122.3%
Total162161233124-8.5%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Hungary in 2022:

  1. Germany (44.6 tons)
  2. Belgium (0.4 tons)

Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary

In 2022, overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses decreased by -93.8% to 27 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 600 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses reduced remarkably to $1.1K in 2022. Over the period under review, exports faced a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of $3.3K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A8250%
NetherlandsN/AN/AN/A1370%
SloveniaN/A1,9842,334127-74.7%
Serbia2,5201,29422.029.0-77.4%
Czech RepublicN/AN/AN/A11.00%
SlovakiaN/AN/AN/A6.00%
GermanyN/AN/A106N/A0%
Greece132N/AN/AN/A0%
OthersN/AN/A6.0N/A0%
Total2,6523,2782,4681,135-24.6%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Hungary in 2022:

  1. Slovenia (20.0 kg)
  2. Netherlands (3.0 kg)
  3. Czech Republic (1.0 kg)
  4. Serbia (1.0 kg)
  5. Slovakia (1.0 kg)
  6. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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