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

Contents:

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

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

In 2022, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $36,000 per ton, increasing by 200% against the previous year. In general, the import price continues to indicate notable growth. Over the period under review, average import prices attained the maximum at $52,484 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Bulgaria ($96,667 per ton), while the price for Hungary ($6,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+58.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $34,842 per ton in 2022, rising by 17% against the previous year. Over the period under review, the export price showed a pronounced expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 108% against the previous year. As a result, the export price attained the peak level of $42,583 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($47,235 per ton), while the average price for exports to Turkey stood at $22,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of monophenols; phenol (hydroxybenzene) and its saltses decreased by -85.4% to 104 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 207%. As a result, imports reached the peak of 759 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses shrank remarkably to $3.7K in 2022. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $10K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,9199437301,323-30.4%
TurkeyN/AN/AN/A9950%
Greece46640240884021.7%
BulgariaN/AN/AN/A2900%
United Kingdom490N/A365118-37.8%
Belgium34.01,16814262.022.2%
Czech Republic12.079.043.036.044.2%
United States2,31394.018731.0-76.2%
Hungary10.01,28422.031.045.8%
India30.05,2866,576N/A1380.5%
Others61.079470.018.0-33.4%
Total7,33510,0508,5433,744-20.1%

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

  1. Germany (53.0 kg)
  2. Turkey (22.0 kg)
  3. Greece (10.0 kg)
  4. Hungary (5.0 kg)
  5. Czech Republic (4.0 kg)
  6. Bulgaria (3.0 kg)
  7. United States (2.0 kg)
  8. United Kingdom (2.0 kg)
  9. Belgium (2.0 kg)

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

In 2022, approx. 101 kg of monophenols; phenol (hydroxybenzene) and its saltses were exported from Serbia; picking up by 910% on 2021 figures. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses soared to $3.5K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro1.11.50.32.429.7%
TurkeyN/AN/AN/A1.10%
OthersN/AN/AN/AN/A0%
Total1.11.50.33.547.1%

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

  1. Montenegro (51.0 kg)
  2. Turkey (50.0 kg)

Source: IndexBox Market Intelligence Platform

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