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

Contents:

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

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $41,394 per ton, jumping by 21% against the previous year. In general, the import price, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 44%. The import price peaked at $222,708 per ton in 2014; however, from 2015 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 ($70,953 per ton), while the price for Spain stood at $15,884 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $3,230 per ton in 2022, remaining constant against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,636% against the previous year. Over the period under review, the average export prices attained the peak figure at $29,500 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Brazil ($18,250 per ton), while the average price for exports to Switzerland ($45 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 Brazil (+81.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

After two years of decline, overseas purchases of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves increased by 99% to 876 kg in 2022. In general, imports, however, recorded a sharp downturn.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $36K in 2022. Over the period under review, imports, however, showed a sharp decline.

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

1. Spain (787.0 kg)
2. Belgium (64.0 kg)

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

For the third consecutive year, Portugal recorded decline in overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves, which decreased by 0% to 135 kg in 2022. Overall, exports enjoyed significant growth. The smallest decline of -84% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $436 in 2022. In general, exports saw a relatively flat trend pattern. The smallest decline of -72.8% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Switzerland (110.0 kg)
2. Angola (21.0 kg)
3. Brazil (4.0 kg)

Source: IndexBox Market Intelligence Platform