Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Denmark - 2023

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (CIF) - 2022
  2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (FOB) - 2022
  3. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark
  4. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (CIF) - 2022

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $51,515 per ton, picking up by 157% against the previous year. In general, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 544% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($176,667 per ton), while the price for Italy ($4,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (FOB) - 2022

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,246 per ton in 2022, reducing by -86.1% against the previous year. In general, the export price, however, recorded prominent growth. The pace of growth was the most pronounced in 2013 an increase of 1,829% against the previous year. Over the period under review, the average export prices attained the peak figure at $118,375 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($4,465 per ton), while the average price for exports to India totaled $4,026 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+24.2%), while the prices for the other major destinations experienced a decline.

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark

In 2022, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -96.1% to 301 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 744%.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped dramatically to $16K in 2022. Overall, imports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 559%.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.06.07.37.83.7%
Belgium3.32.82.64.510.9%
United States1.13.31.12.124.1%
Sweden0.4N/AN/A0.3-9.1%
ChinaN/A9.60.30.3-82.3%
ItalyN/AN/AN/A0.10%
France2.968.1131N/A572.1%
Others0.17.410.30.458.7%
Total14.897.315315.51.6%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Denmark in 2022:

  1. Belgium (206.0 kg)
  2. Germany (47.0 kg)
  3. Italy (16.0 kg)
  4. United States (12.0 kg)
  5. Sweden (12.0 kg)
  6. China (6.0 kg)

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves exported from Denmark reduced rapidly to 2 tons, with a decrease of -89.9% on the year before. Over the period under review, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 390%. As a result, the exports reached the peak of 20 tons, and then contracted markedly in the following year.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves shrank sharply to $8.5K in 2022. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 461%. As a result, the exports attained the peak of $608K, and then fell dramatically in the following year.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.2N/AN/A4.512.0%
India8.6N/AN/A4.0-22.5%
NorwayN/AN/A9.7N/A0%
China16310322.4N/A-62.9%
United States12.30.8N/AN/A-93.5%
IsraelN/AN/A576N/A0%
Others1.34.1N/AN/A215.4%
Total1891086088.5-64.4%

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Denmark in 2022:

  1. Brazil (1.0 tons)
  2. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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