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

Contents:

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

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

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $84,450 per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 28%. The export price peaked at $189,562 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($491,574 per ton), while the average price for exports to Hong Kong SAR ($15,239 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 Iran (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $30,825 per ton, which is down by -9.9% against the previous year. In general, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $78,209 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($43,098 per ton), while the price for Israel ($10,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -20.7% to 72 tons, falling for the second year in a row after two years of growth. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 92 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped notably to $6.1M in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 13%.

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

1. Turkey (48.3 tons)
2. Egypt (6.5 tons)
3. Germany (5.9 tons)
4. Iran (2.1 tons)
5. Pakistan (2.0 tons)
6. South Korea (2.0 tons)
7. Hong Kong SAR (1.6 tons)
8. Hungary (1.5 tons)

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

In 2022, supplies from abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves was finally on the rise to reach 187 tons after two years of decline. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained 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 rose significantly to $5.8M in 2022. The total import value increased at an average annual rate of +12.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Mexico (100.8 tons)
2. Israel (42.0 tons)
3. Germany (15.4 tons)
4. China (12.5 tons)
5. Japan (8.2 tons)
6. United States (6.7 tons)

Source: IndexBox Market Intelligence Platform