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

Contents:

1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Netherlands (FOB) - 2023
2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Netherlands (CIF) - 2022
3. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Netherlands
4. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Netherlands

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in the Netherlands (FOB) - 2023

In October 2023, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $9,915 per ton, rising by 68% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 85% month-to-month. As a result, the export price reached the peak level of $13,833 per ton. From July 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the UK ($15,739 per ton), while the average price for exports to Brazil ($9,693 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $6,100 per ton, increasing by 13% against the previous year. Over the period under review, the import price continues to indicate measured growth. The growth pace was the most rapid in 2018 an increase of 67%. As a result, import price reached the peak level of $8,277 per ton. From 2019 to 2022, the average import prices remained at a 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 China ($12,783 per ton), while the price for Italy ($2,405 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.4%), 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 the Netherlands

In 2022, approx. 3K tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were exported from the Netherlands; increasing by 8.9% on 2021 figures. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $27M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 92%. Over the period under review, the exports of reached the maximum 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 the Netherlands in 2022:

1. Italy (767.5 tons)
2. United States (449.6 tons)
3. Germany (448.9 tons)
4. Brazil (240.8 tons)
5. India (186.4 tons)
6. United Kingdom (147.6 tons)
7. Argentina (137.4 tons)
8. France (119.4 tons)
9. Czech Republic (106.2 tons)
10. Australia (75.3 tons)
11. Spain (72.0 tons)
12. Belgium (63.9 tons)

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

After three years of growth, purchases abroad of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -12.9% to 3.5K tons in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 138%. As a result, imports reached the peak of 4K tons, and then declined in the following year.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped modestly to $21M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of $22M, and then contracted in the following year.

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

1. Germany (1464.0 tons)
2. Israel (999.9 tons)
3. Belgium (328.4 tons)
4. United States (222.5 tons)
5. China (167.7 tons)
6. United Kingdom (165.1 tons)
7. Poland (73.4 tons)
8. Jordan (8.0 tons)

Source: IndexBox Market Intelligence Platform