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

Contents:

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

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

In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,846 per ton, jumping by 17% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; phenol (hydroxybenzene) and its saltses increased by +87.1% against 2015 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +1.8% per year.

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

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $7,908 per ton in 2022, reducing by -54.3% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The growth pace was the most rapid in 2013 an increase of 358%. The export price peaked at $26,529 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cabo Verde.

From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to +487.4% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -18% to 1K tons. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,416% against the previous year. As a result, imports attained the peak of 1.2K tons, and then fell sharply in the following year.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses reduced modestly to $1.9M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 3,024% against the previous year. As a result, imports reached the peak of $1.9M, and then dropped modestly in the following year.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.059.31,9341,859576.7%
Others6.92.62.61.3-42.7%
Total12.962.01,9361,860424.4%

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

  1. Spain (1007.5 tons)

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

In 2022, exports of monophenols; phenol (hydroxybenzene) and its saltses from Portugal surged to 174 kg, with an increase of 22% against the previous year's figure. Over the period under review, exports, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 393% against the previous year.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses shrank significantly to $1.4K in 2022. Overall, exports, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 794% against the previous year.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo Verde24626637.01,37677.5%
Angola2,553N/A2,438N/A-2.3%
United StatesN/A11.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,7992772,4751,376-21.1%

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

  1. Cabo Verde (174.0 kg)

Source: IndexBox Market Intelligence Platform

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