United Kingdom - Monophenols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonophenols Price in the UK - 2023
Contents:
- Monophenols Price in the UK (CIF) - 2022
- Monophenols Price in the UK (FOB) - 2022
- Monophenols Imports in the UK
- Monophenols Exports in the UK
Monophenols Price in the UK (CIF) - 2022
In 2022, the average monophenols import price amounted to $2,485 per ton, surging by 37% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monophenols import price increased by +75.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($4,329 per ton), while the price for Belgium ($1,721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Monophenols Price in the UK (FOB) - 2022
The average monophenols export price stood at $3,137 per ton in 2022, surging by 13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 13%. Over the period under review, the average export prices reached the peak figure at $3,444 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5,727 per ton), while the average price for exports to Belgium ($1,848 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 Spain (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Monophenols Imports in the UK
Monophenols imports into the UK fell rapidly to 70K tons in 2022, declining by -15.3% against 2021. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 0.4% against the previous year.
In value terms, monophenols imports skyrocketed to $175M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Monophenols in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 42.4 | 30.0 | 41.4 | 57.8 | 10.9% |
| Germany | 44.0 | 39.8 | 45.4 | 39.8 | -3.3% |
| Spain | 1.7 | 1.1 | 28.4 | 25.9 | 147.9% |
| United States | 10.3 | 12.7 | 6.2 | 15.3 | 14.1% |
| China | 1.4 | 3.6 | 5.1 | 10.7 | 97.0% |
| Switzerland | 12.7 | 7.9 | 5.7 | 9.8 | -8.3% |
| South Africa | N/A | N/A | 0.2 | 5.7 | 2750.0% |
| Belgium | 9.7 | 15.6 | 7.7 | 4.3 | -23.8% |
| Others | 6.2 | 6.5 | 10.1 | 5.4 | -4.5% |
| Total | 128 | 117 | 150 | 175 | 11.0% |
Top Suppliers of Monophenols to the UK in 2022:
- Finland (32.5K tons)
- Spain (12.6K tons)
- Germany (9.2K tons)
- United States (3.5K tons)
- China (3.0K tons)
- Switzerland (2.8K tons)
- South Africa (2.7K tons)
- Belgium (2.5K tons)
Monophenols Exports in the UK
After three years of growth, shipments abroad of monophenols decreased by -12.7% to 27K tons in 2022. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of 31K tons, and then reduced in the following year.
In value terms, monophenols exports contracted to $85M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $87M, and then declined slightly in the following year.
| Export of Monophenols in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 31.8 | 32.4 | 35.2 | 36.0 | 4.2% |
| France | 15.7 | 13.5 | 19.5 | 16.1 | 0.8% |
| Ireland | 7.5 | 7.6 | 6.0 | 10.5 | 11.9% |
| Portugal | 5.5 | 5.4 | 10.5 | 10.2 | 22.9% |
| Belgium | 1.0 | 0.4 | 7.6 | 4.5 | 65.1% |
| Germany | 2.5 | 3.0 | 1.7 | 2.5 | 0.0% |
| Others | 6.5 | 6.1 | 6.4 | 5.7 | -4.3% |
| Total | 70.5 | 68.5 | 86.9 | 85.5 | 6.6% |
Top Export Markets for Monophenols from the UK in 2022:
- France (6.5K tons)
- Switzerland (6.3K tons)
- Ireland (5.3K tons)
- Portugal (4.7K tons)
- Belgium (2.4K tons)
- Germany (0.9K tons)
This report provides an in-depth analysis of the monophenols market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142410 - Monophenols
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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