Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (CIF) - 2023
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (FOB) - 2023
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (CIF) - 2023
In November 2023, the average import price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,245 per ton, with a decrease of -5.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 13% month-to-month. The import price peaked at $1,338 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the United States ($1,465 per ton) and Germany ($1,264 per ton), while the price for Belgium ($1,150 per ton) and Saudi Arabia ($1,263 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (FOB) - 2023
The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,379 per ton in November 2023, shrinking by -7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 34% m-o-m. As a result, the export price attained the peak level of $1,491 per ton, and then contracted in the following month.
Average prices varied noticeably for the major external markets. In November 2023, the countries with the highest prices were Italy ($1,484 per ton) and Austria ($1,480 per ton), while the average price for exports to Poland ($1,350 per ton) and Germany ($1,370 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands
In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into the Netherlands shrank notably to 355K tons, waning by -26.2% on the previous year. Overall, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of 481K tons, and then contracted markedly in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses reduced to $511M in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of $567M, and then reduced in the following year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 206 | 166 | 365 | 296 | 12.8% |
| Germany | 97.5 | 55.6 | 83.4 | 83.4 | -5.1% |
| United States | 23.0 | 29.1 | 47.5 | 63.5 | 40.3% |
| Saudi Arabia | 22.1 | 24.2 | 52.7 | 59.1 | 38.8% |
| Others | 9.8 | 8.9 | 17.7 | 9.4 | -1.4% |
| Total | 358 | 283 | 567 | 511 | 12.6% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to the Netherlands in 2022:
- Belgium (198.8K tons)
- Germany (61.6K tons)
- United States (46.3K tons)
- Saudi Arabia (41.7K tons)
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses exported from the Netherlands soared to 41K tons, picking up by 42% compared with the year before. Over the period under review, exports, however, showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses soared to $56M in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 130% against the previous year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.3 | 7.3 | 28.2 | 41.5 | -19.4% |
| Belgium | 1.5 | 2.0 | 4.2 | 5.4 | 53.3% |
| Austria | 4.5 | 1.0 | 2.1 | 3.3 | -9.8% |
| Italy | 0.4 | N/A | 1.7 | 2.7 | 89.0% |
| Poland | 0.4 | N/A | N/A | 1.4 | 51.8% |
| Turkey | 2.8 | 5.0 | N/A | N/A | 78.6% |
| Others | 0.8 | 0.8 | 1.0 | 1.4 | 20.5% |
| Total | 89.7 | 16.2 | 37.2 | 55.7 | -14.7% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from the Netherlands in 2022:
- Germany (30.8K tons)
- Belgium (4.0K tons)
- Austria (2.1K tons)
- Italy (1.8K tons)
- Poland (1.0K tons)
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