Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (CIF) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (CIF) - 2023
In October 2023, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,701 per ton, increasing by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 21% m-o-m. Over the period under review, average import prices attained the peak figure in October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Denmark ($1,760 per ton), while the price for Finland amounted to $1,653 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+2.1%).
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,886 per ton, with an increase of 2.9% against the previous year. Overall, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2020 when the average export price increased by 78%. The export price peaked at $2,361 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($1,964 per ton), while the average price for exports to Denmark ($1,000 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 Norway (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden
In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Sweden reduced to 9.2K tons, declining by -6.2% on 2021. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 1.6%.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses rose notably to $17M in 2022. In general, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 9.8 | 5.4 | 7.5 | 9.2 | -2.1% |
| Denmark | 1.9 | 2.0 | 4.0 | 6.1 | 47.5% |
| Spain | 2.9 | 1.4 | 2.8 | 1.1 | -27.6% |
| Others | N/A | 0.3 | 1.0 | N/A | 233.3% |
| Total | 14.7 | 9.1 | 15.2 | 16.5 | 3.9% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Sweden in 2022:
- Finland (5.2K tons)
- Denmark (3.4K tons)
- Spain (0.5K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden
For the third year in a row, Sweden recorded decline in shipments abroad of monophenols; phenol (hydroxybenzene) and its saltses, which decreased by -49.3% to 607 kg in 2022. Overall, exports recorded a sharp slump. The smallest decline of -38% was in 2021.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses contracted notably to $1.1K in 2022. Over the period under review, exports continue to indicate a dramatic slump. The smallest decline of -38.9% was in 2021.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 3.4 | 3.1 | 1.7 | 1.1 | -31.4% |
| Norway | 0.4 | 0.4 | 0.4 | 0.1 | -37.0% |
| Russia | 8.5 | N/A | N/A | N/A | 0% |
| Belgium | 1.7 | N/A | N/A | N/A | 0% |
| Denmark | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.0 | 3.6 | 2.2 | 1.1 | -57.2% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Sweden in 2022:
- Finland (535.0 kg)
- Denmark (44.0 kg)
- Norway (28.0 kg)
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