Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama (CIF) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $101,000 per ton in 2022, rising by 1,536% against the previous year. Over the period under review, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($116,000 per ton), while the price for the UK totaled $71,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama
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 99.9% to 3 kg. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 545% against the previous year. As a result, imports attained the peak of 6.6 tons, and then contracted rapidly in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses shrank markedly to $303 in 2022. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 736% against the previous year. As a result, imports attained the peak of $41K, and then fell notably in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.4 | 0.2 | 0.1 | 0.2 | -47.7% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Senegal | N/A | 4.0 | 40.2 | N/A | 905.0% |
| Costa Rica | N/A | 0.3 | N/A | N/A | 0% |
| United States | 1.9 | 0.4 | 0.4 | N/A | -54.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.4 | 4.9 | 40.8 | 0.3 | -55.5% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Panama in 2022:
- Germany (2.0 kg)
- United Kingdom (1.0 kg)
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