Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (CIF) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (CIF) - 2023
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,660 per ton in October 2023, growing by 19% against the previous month. In general, the import price showed a relatively flat trend pattern. The import price peaked at $1,690 per ton in May 2023; afterwards, it flattened through to October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Italy ($1,907 per ton) and Germany ($1,658 per ton), while the price for Belgium ($1,514 per ton) and Finland ($1,558 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (FOB) - 2022
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $2,456,000 per ton in 2022, with an increase of 18,093% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,513,000 per ton), while the average price for exports to the Netherlands totaled $742,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+374.0%).
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania
In 2022, overseas purchases of monophenols; phenol (hydroxybenzene) and its saltses decreased by -4.6% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 4K tons, and then fell in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses surged to $6.8M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 125% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 218 | 382 | 293 | 2,379 | 121.8% |
| Finland | 1,733 | 880 | 1,550 | 1,685 | -0.9% |
| Russia | N/A | 904 | 2,503 | 1,108 | 10.7% |
| Belgium | 664 | 247 | 1,068 | 1,019 | 15.3% |
| Italy | N/A | N/A | N/A | 397 | 0% |
| Netherlands | 60.2 | 1.1 | 420 | 120 | 25.9% |
| France | 55.0 | 152 | 1.1 | 43.5 | -7.5% |
| Others | 41.3 | 64.8 | 80.7 | 54.8 | 9.9% |
| Total | 2,772 | 2,630 | 5,917 | 6,806 | 34.9% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Romania in 2022:
- Germany (1316.0 tons)
- Finland (928.9 tons)
- Russia (656.3 tons)
- Belgium (511.5 tons)
- Italy (261.8 tons)
- Netherlands (61.8 tons)
- France (24.2 tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania
In 2022, after two years of decline, there was significant decline in overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -25% to 3 kg. In general, exports continue to indicate a sharp slump.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $7.4K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Romania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 2,513 | 0% |
| Netherlands | 1.0 | N/A | 54.0 | 1,485 | 1040.9% |
| Bulgaria | 139 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3,370 | 0% |
| Total | 140 | N/A | 54.0 | 7,368 | 274.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Romania in 2022:
- Netherlands (2.0 kg)
- China (1.0 kg)
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