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

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland (CIF) - 2023
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland

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

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,509 per ton in October 2023, surging by 15% against the previous month. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,568 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Finland ($1,586 per ton), while the price for Spain ($946 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,103 per ton in 2022, rising by 45% against the previous year. Over the period under review, the export price recorded a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 118%. As a result, the export price reached the peak level of $3,125 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6,329 per ton), while the average price for exports to Hungary ($1,468 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 Austria (+0.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses was finally on the rise to reach 103K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $173M in 2022. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany88.159.434.112010.8%
Russia4.911.712.621.563.7%
Belgium0.5N/A2.213.9202.9%
Finland13.27.410.110.9-6.2%
SpainN/AN/A0.23.21500.0%
Others1.9N/A3.63.320.2%
Total10978.562.717316.6%

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

  1. Germany (69.5K tons)
  2. Russia (13.6K tons)
  3. Belgium (8.6K tons)
  4. Finland (5.9K tons)
  5. Spain (3.9K tons)

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

In 2022, overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses decreased by -9.6% to 867 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,632%. As a result, the exports attained the peak of 959 tons, and then dropped in the following year.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $1.8M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,148% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A284739160.2%
Moldova1.3N/AN/A507630.6%
HungaryN/AN/AN/A3510%
NetherlandsN/AN/A1.11089718.2%
Germany47.6N/A66963.810.3%
SwedenN/AN/AN/A44.10%
SlovakiaN/AN/A285N/A0%
FinlandN/A37.237.6N/A1.1%
ItalyN/AN/A104N/A0%
Others2.524.56.59.757.1%
Total51.461.71,3881,823228.6%

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

  1. Austria (427.2 tons)
  2. Hungary (239.1 tons)
  3. Moldova (117.3 tons)
  4. Germany (35.6 tons)
  5. Sweden (24.9 tons)
  6. Netherlands (17.1 tons)

Source: IndexBox Market Intelligence Platform

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