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

Contents:

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

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

The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $46,108 per ton in 2022, picking up by 42% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 209%. Over the period under review, average import prices reached the peak figure at $51,850 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($108,000 per ton), while the price for Germany ($24,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+167.8%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $131,865 per ton, waning by -70.2% against the previous year. Overall, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2020 an increase of 280%. Over the period under review, the average export prices attained the peak figure at $442,818 per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,228,000 per ton), while the average price for exports to Estonia ($19,571 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 Belarus (+34.3%), 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 Lithuania

In 2022, purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves was finally on the rise to reach 120 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp decline.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $5.5K in 2022. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 146%. As a result, imports reached the peak of $9.4K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.1N/A2.4389.9%
Germany1.51.71.52.213.6%
Belgium0.40.40.60.40.0%
United KingdomN/AN/AN/A0.20%
Austria0.1N/AN/A0.10.0%
ChinaN/A7.0N/AN/A0%
India1.8N/AN/AN/A0%
OthersN/A0.10.50.241.4%
Total3.89.42.65.513.1%

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

  1. Germany (88.0 kg)
  2. France (23.0 kg)
  3. Belgium (4.0 kg)
  4. United Kingdom (2.0 kg)
  5. Austria (2.0 kg)

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

In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by 236% to 37 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp decrease.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves totaled $4.9K in 2022. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 108% against the previous year.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A2.70%
Russia0.11.34.11.2128.9%
Belarus4.21.10.80.8-42.5%
EstoniaN/AN/AN/A0.10%
Uzbekistan3.3N/AN/AN/A0%
Turkmenistan4.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.62.34.94.9-27.0%

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

  1. Kazakhstan (21.0 kg)
  2. Belarus (8.0 kg)
  3. Estonia (7.0 kg)
  4. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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