Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Italy - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy (CIF) - 2023
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy (FOB) - 2023
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy (CIF) - 2023
In October 2023, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $18,864 per ton, surging by 368% against the previous month. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($56,750 per ton), while the price for India ($9,414 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 Belgium (+13.0%), 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 Italy (FOB) - 2023
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $2,608 per ton in October 2023, waning by -44.5% against the previous month. Overall, the export price continues to indicate a perceptible decline. The growth pace was the most rapid in June 2023 when the average export price increased by 204% month-to-month. As a result, the export price attained the peak level of $8,872 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Russia ($2,906 per ton), while the average price for exports to the UK amounted to $2,160 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy
In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves imported into Italy rose rapidly to 2.8K tons, with an increase of 9.7% against the year before. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $28M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.8 | 4.3 | 8.4 | 11.2 | 43.4% |
| Netherlands | 3.8 | 4.6 | 4.3 | 4.0 | 1.7% |
| United States | 0.1 | N/A | N/A | 3.4 | 224.0% |
| Japan | 2.3 | 1.8 | 3.0 | 3.4 | 13.9% |
| United Kingdom | 0.2 | N/A | 0.3 | 2.8 | 141.0% |
| China | 1.2 | 1.1 | 1.4 | 1.4 | 5.3% |
| India | 0.2 | 0.7 | 0.3 | 0.5 | 35.7% |
| Germany | 1.1 | 0.9 | 0.1 | 0.2 | -43.3% |
| Czech Republic | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | N/A | 0.1 | 0.9 | 108.0% |
| Total | 13.0 | 13.5 | 18.0 | 28.0 | 29.1% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Italy in 2022:
- Belgium (943.5 tons)
- Netherlands (890.0 tons)
- United Kingdom (320.3 tons)
- United States (140.6 tons)
- India (133.0 tons)
- Japan (117.0 tons)
- Czech Republic (92.9 tons)
- China (49.6 tons)
- Germany (11.1 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy
In 2022, after two years of decline, there was significant growth in shipments abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, when their volume increased by 20% to 1.1K tons. In general, exports, however, showed a noticeable decrease.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $2.8M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,213 | 1,202 | 1,031 | 1,693 | 11.8% |
| France | 170 | 170 | 202 | 253 | 14.2% |
| United Kingdom | 166 | 136 | 244 | 221 | 10.0% |
| Russia | 102 | 116 | 50.6 | 145 | 12.4% |
| Australia | 72.1 | 107 | 207 | 95.4 | 9.8% |
| Poland | 36.1 | 28.1 | 52.0 | 73.3 | 26.6% |
| Germany | 116 | 53.1 | 147 | 20.6 | -43.8% |
| Others | 247 | 336 | 310 | 316 | 8.6% |
| Total | 2,123 | 2,148 | 2,244 | 2,817 | 9.9% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Italy in 2022:
- Spain (898.9 tons)
- United Kingdom (55.9 tons)
- Poland (29.2 tons)
- France (24.0 tons)
- Australia (19.8 tons)
- Russia (15.9 tons)
- Germany (10.2 tons)
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