Phenols; Phenol-Alcohols Price in Switzerland - 2023
Contents:
- Phenols; Phenol-Alcohols Price in Switzerland (CIF) - 2023
- Phenols; Phenol-Alcohols Price in Switzerland (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Switzerland
- Phenols; Phenol-Alcohols Exports in Switzerland
Phenols; Phenol-Alcohols Price in Switzerland (CIF) - 2023
The average phenols; phenol-alcohols import price stood at $2,510 per ton in August 2023, rising by 11% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 29% against the previous month. As a result, import price attained the peak level of $3,319 per ton. From October 2022 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($9,172 per ton), while the price for France ($1,379 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Phenols; Phenol-Alcohols Price in Switzerland (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $2,588 per ton in 2022, waning by -11.1% against the previous year. In general, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $3,391 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($11,889 per ton), while the average price for exports to France ($1,224 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 India (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Switzerland
In 2022, after three years of growth, there was significant decline in overseas purchases of phenols; phenol-alcoholses, when their volume decreased by -16.4% to 64K tons. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +35.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 76K tons, and then fell remarkably in the following year.
In value terms, phenols; phenol-alcohols imports expanded modestly to $177M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 37.8 | 27.9 | 42.8 | 50.6 | 10.2% |
| France | 33.4 | 28.1 | 52.1 | 45.1 | 10.5% |
| United Kingdom | 27.3 | 33.0 | 35.4 | 35.4 | 9.0% |
| Japan | 9.4 | 10.7 | 10.2 | 12.2 | 9.1% |
| Spain | 2.4 | 2.6 | 3.2 | 6.8 | 41.5% |
| Belgium | 0.6 | 1.2 | 2.8 | 4.9 | 101.4% |
| Others | 20.3 | 16.1 | 23.0 | 22.4 | 3.3% |
| Total | 131 | 119 | 169 | 177 | 10.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Switzerland in 2022:
- France (28.2K tons)
- Germany (21.3K tons)
- United Kingdom (6.2K tons)
- Belgium (2.1K tons)
- Japan (1.8K tons)
- Spain (1.1K tons)
Phenols; Phenol-Alcohols Exports in Switzerland
Phenols; phenol-alcohols exports from Switzerland expanded to 51K tons in 2022, picking up by 3.9% against the year before. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, phenols; phenol-alcohols exports dropped to $131M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of $142M, and then shrank in the following year.
| Export of Phenols; Phenol-Alcohols in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.9 | 36.3 | 42.1 | 42.1 | 7.5% |
| China | 10.9 | 7.6 | 11.8 | 13.1 | 6.3% |
| France | 6.7 | 6.6 | 9.3 | 11.3 | 19.0% |
| Saudi Arabia | 9.4 | 6.4 | 8.4 | 8.9 | -1.8% |
| United Kingdom | 13.3 | 9.2 | 7.7 | 8.4 | -14.2% |
| Netherlands | 3.8 | 4.9 | 5.9 | 5.9 | 15.8% |
| Belgium | 2.3 | 2.8 | 5.5 | 5.1 | 30.4% |
| Others | 40.6 | 37.4 | 50.8 | 35.9 | -4.0% |
| Total | 121 | 111 | 142 | 131 | 2.7% |
Top Export Markets for Phenols; Phenol-Alcohols from Switzerland in 2022:
- Germany (19.7K tons)
- France (9.3K tons)
- Saudi Arabia (4.7K tons)
- China (4.4K tons)
- United Kingdom (3.9K tons)
- Belgium (2.8K tons)
- Netherlands (1.8K tons)
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