Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (CIF) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (FOB) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (CIF) - 2023
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,594 per ton in October 2023, increasing by 12% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 14% month-to-month. The import price peaked at $1,709 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were Italy ($1,720 per ton) and France ($1,603 per ton), while the price for Germany ($1,531 per ton) and the Netherlands ($1,565 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 (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (FOB) - 2022
In 2022, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $19,719 per ton, surging by 40% against the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 116%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($143,019 per ton), while the average price for exports to Estonia ($1,271 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 Germany (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria
In 2022, supplies from abroad of monophenols; phenol (hydroxybenzene) and its saltses decreased by -13.7% to 21K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of 33K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses expanded sharply to $37M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.4 | 11.9 | 14.5 | 16.6 | 16.9% |
| France | 7.6 | 6.7 | 10.5 | 13.7 | 21.7% |
| Italy | 3.7 | 1.4 | 1.9 | 2.9 | -7.8% |
| Czech Republic | 2.4 | 2.8 | 1.8 | 1.8 | -9.1% |
| Poland | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Russia | 2.3 | 0.6 | 2.1 | 0.5 | -39.9% |
| Belgium | 3.6 | 3.9 | 3.6 | 0.4 | -51.9% |
| Others | 1.6 | 1.3 | 0.1 | N/A | -75.0% |
| Total | 31.6 | 28.6 | 34.7 | 36.6 | 5.0% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Austria in 2022:
- Germany (9.6K tons)
- France (7.8K tons)
- Italy (1.7K tons)
- Czech Republic (1.2K tons)
- Poland (0.4K tons)
- Russia (0.3K tons)
- Belgium (0.2K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria
For the third consecutive year, Austria recorded decline in shipments abroad of monophenols; phenol (hydroxybenzene) and its saltses, which decreased by -8.9% to 3.6 tons in 2022. Over the period under review, exports saw a dramatic shrinkage.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses surged to $71K in 2022. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 84% against the previous year. As a result, the exports reached the peak of $101K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 35.9 | 43.1 | 41.4 | 34.8 | -1.0% |
| Sudan | N/A | N/A | N/A | 22.0 | 0% |
| Lithuania | 6.5 | 13.8 | 10.4 | 10.7 | 18.1% |
| Estonia | 0.1 | 0.2 | 0.1 | 0.6 | 81.7% |
| Slovenia | 0.8 | 0.1 | 0.1 | 0.1 | -50.0% |
| Others | 11.7 | 44.0 | 3.5 | 2.4 | -41.0% |
| Total | 55.0 | 101 | 55.6 | 70.6 | 8.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Austria in 2022:
- Romania (2311.0 kg)
- Lithuania (501.0 kg)
- Estonia (439.0 kg)
- Sudan (154.0 kg)
- Slovenia (6.0 kg)
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