Phenols; Phenol-Alcohols Price in Israel - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Israel (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Israel (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Israel
- Phenols; Phenol-Alcohols Exports in Israel
Phenols; Phenol-Alcohols Price in Israel (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $2,580 per ton in 2022, picking up by 9.9% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +100.4% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 82%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 Belgium ($3,118 per ton), while the price for Switzerland ($1,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Israel (FOB) - 2022
In 2022, the average phenols; phenol-alcohols export price amounted to $2,838 per ton, waning by -47% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 69% against the previous year. As a result, the export price attained the peak level of $5,353 per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($31,496 per ton), while the average price for exports to the Netherlands ($1,247 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 Egypt (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Israel
In 2022, phenols; phenol-alcohols imports into Israel declined remarkably to 28K tons, shrinking by -31.5% on the previous year's figure. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, imports attained the peak of 41K tons, and then contracted rapidly in the following year.
In value terms, phenols; phenol-alcohols imports dropped remarkably to $72M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 337% against the previous year. As a result, imports reached the peak of $95M, and then reduced dramatically in the following year.
| Import of Phenols; Phenol-Alcohols in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 8.4 | 4.0 | 26.9 | 19.3 | 32.0% |
| South Korea | 6.8 | 5.2 | 22.3 | 15.1 | 30.5% |
| Singapore | 5.9 | 2.8 | 19.8 | 7.8 | 9.8% |
| Japan | 0.8 | 2.5 | 1.7 | 7.3 | 109.0% |
| Thailand | N/A | N/A | 10.0 | 7.0 | -30.0% |
| Belgium | 2.1 | 0.1 | 5.9 | 4.3 | 27.0% |
| Spain | 1.6 | 0.9 | 0.6 | 3.3 | 27.3% |
| Others | 3.9 | 6.2 | 8.1 | 7.7 | 25.5% |
| Total | 29.7 | 21.8 | 95.2 | 71.7 | 34.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Israel in 2022:
- Taiwan (Chinese) (7.8K tons)
- South Korea (6.1K tons)
- Singapore (3.2K tons)
- Japan (2.9K tons)
- Thailand (2.8K tons)
- Spain (1.6K tons)
- Belgium (1.4K tons)
Phenols; Phenol-Alcohols Exports in Israel
In 2022, overseas shipments of phenols; phenol-alcoholses were finally on the rise to reach 59 tons after two years of decline. Overall, exports, however, recorded a deep downturn.
In value terms, phenols; phenol-alcohols exports totaled $168K in 2022. In general, exports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.4%.
| Export of Phenols; Phenol-Alcohols in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.0 | 59.0 | 10.0 | 42.0 | 37.9% |
| Belgium | 22.0 | 16.0 | 21.0 | 32.0 | 13.3% |
| Netherlands | 37.0 | 24.0 | N/A | 25.0 | -12.3% |
| Canada | 5.0 | 11.0 | 39.0 | 21.0 | 61.3% |
| Czech Republic | 6.0 | 7.0 | 13.0 | 11.0 | 22.4% |
| United Kingdom | N/A | 29.0 | N/A | 1.0 | -81.4% |
| Japan | N/A | N/A | 70.0 | N/A | 0% |
| China | 23.0 | 3.0 | N/A | N/A | -87.0% |
| India | 65.0 | N/A | N/A | N/A | 0% |
| Others | 10.0 | 7.0 | 13.0 | 36.0 | 53.3% |
| Total | 184 | 156 | 166 | 168 | -3.0% |
Top Export Markets for Phenols; Phenol-Alcohols from Israel in 2022:
- Netherlands (20.0 tons)
- Belgium (15.9 tons)
- United States (10.0 tons)
- Czech Republic (7.9 tons)
- Canada (2.5 tons)
- United Kingdom (0.2 tons)
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