Phenols; Phenol-Alcohols Price in Slovakia - 2023

Contents:

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

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

The average phenols; phenol-alcohols import price stood at $10,776 per ton in 2022, jumping by 60% against the previous year. Overall, the import price showed strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 152%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($14,438 per ton), while the price for Russia ($646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average phenols; phenol-alcohols export price amounted to $12,284 per ton, shrinking by -4.8% against the previous year. Overall, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 227%. The export price peaked at $12,908 per ton in 2021, and then contracted modestly in the following year.

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 Hungary ($12,330 per ton), while the average price for exports to the Czech Republic ($5,239 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 Hungary (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Imports in Slovakia

In 2022, overseas purchases of phenols; phenol-alcoholses decreased by -49.3% to 661 tons, falling for the second year in a row after two years of growth. In general, imports saw a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, phenols; phenol-alcohols imports declined rapidly to $7.1M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $8.8M, and then contracted rapidly in the following year.

Import of Phenols; Phenol-Alcohols in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,6081,2791,7021,6961.8%
India6058771,0631,20325.7%
China71.019143749290.6%
Spain14.661.911.944.745.2%
Germany89815550643.0-63.7%
Poland1711454.26.2-66.9%
Russia8231,0082600.3-92.9%
Others1,9272,8194,8043,63423.5%
Total6,1186,5358,7897,1185.2%

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

  1. Belgium (210.4 tons)
  2. India (83.3 tons)
  3. China (38.6 tons)
  4. Spain (5.7 tons)
  5. Germany (5.1 tons)
  6. Poland (2.9 tons)
  7. Russia (0.5 tons)

Phenols; Phenol-Alcohols Exports in Slovakia

Phenols; phenol-alcohols exports from Slovakia skyrocketed to 546 tons in 2022, picking up by 57% on the year before. Overall, exports, however, saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 120%.

In value terms, phenols; phenol-alcohols exports skyrocketed to $6.7M in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 225% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Phenols; Phenol-Alcohols in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.91.34.56.795.3%
Czech Republic1.6N/AN/AN/A0%
Poland0.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.91.44.56.732.2%

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

  1. Hungary (541.8 tons)
  2. Poland (0.3 tons)
  3. Czech Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

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