Phenols; Phenol-Alcohols Price in Austria - 2023

Contents:

1. Phenols; Phenol-Alcohols Price in Austria (CIF) - 2022
2. Phenols; Phenol-Alcohols Price in Austria (FOB) - 2022
3. Phenols; Phenol-Alcohols Imports in Austria
4. Phenols; Phenol-Alcohols Exports in Austria

Phenols; Phenol-Alcohols Price in Austria (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $2,556 per ton, growing by 13% against the previous year. Overall, import price indicated a moderate expansion 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, phenols; phenol-alcohols import price increased by +84.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63%. The import price peaked at $2,774 per ton in 2015; however, from 2016 to 2022, 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 the Netherlands ($5,212 per ton), while the price for Russia ($1,536 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Phenols; Phenol-Alcohols Price in Austria (FOB) - 2022

The average phenols; phenol-alcohols export price stood at $38,364 per ton in 2022, with an increase of 77% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 129% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($111,650 per ton), while the average price for exports to the Czech Republic ($5,135 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 Italy (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Imports in Austria

In 2022, overseas purchases of phenols; phenol-alcoholses decreased by -12.8% to 24K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 11%. As a result, imports reached the peak of 35K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, phenols; phenol-alcohols imports shrank modestly to $60M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $61M, and then declined in the following year.

Top Suppliers of Phenols; Phenol-Alcohols to Austria in 2022:

1. Germany (10.8K tons)
2. France (7.8K tons)
3. Italy (1.7K tons)
4. Czech Republic (1.3K tons)
5. Belgium (0.6K tons)
6. Poland (0.4K tons)
7. Russia (0.3K tons)

Phenols; Phenol-Alcohols Exports in Austria

In 2022, the amount of phenols; phenol-alcoholses exported from Austria reduced slightly to 573 tons, waning by -4.5% compared with the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of 601 tons, and then reduced in the following year.

In value terms, phenols; phenol-alcohols exports surged to $22M in 2022. In general, exports, however, showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Phenols; Phenol-Alcohols from Austria in 2022:

1. Germany (211.5 tons)
2. United Kingdom (202.8 tons)
3. France (59.1 tons)
4. United States (21.1 tons)
5. Israel (15.1 tons)
6. Bosnia and Herzegovina (11.0 tons)
7. Czech Republic (9.9 tons)
8. Slovenia (1.4 tons)
9. Croatia (1.4 tons)

Source: IndexBox Market Intelligence Platform