Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia - 2022

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (FOB) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (CIF) - 2022
  3. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia
  4. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (FOB) - 2022

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $1,091 per ton in 2022, surging by 7.7% against the previous year. Overall, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 60%. Over the period under review, the average export prices attained the maximum at $1,541 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($1,241 per ton), while the average price for exports to Slovenia ($445 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 Finland (+13.6%), while the prices for the other major destinations experienced a decline.

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (CIF) - 2022

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $934 per ton in 2022, reducing by -25.2% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $1,372 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -3.9% per year.

Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia

In 2022, after three years of growth, there was significant decline in overseas shipments of monophenols; phenol (hydroxybenzene) and its saltses, when their volume decreased by -27.7% to 35K tons. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 91% against the previous year.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses fell remarkably to $38M in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, the exports attained the peak of $49M, and then shrank rapidly in the following year.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus6.25.211.924.357.7%
FinlandN/A0.21.85.5424.4%
Poland3.35.514.53.84.8%
RomaniaN/AN/A0.91.233.3%
SwitzerlandN/A0.31.01.2100.0%
AustriaN/AN/A0.30.9200.0%
SloveniaN/A0.90.20.3-42.3%
Slovakia0.74.011.0N/A296.4%
Netherlands3.11.51.1N/A-40.4%
Others3.57.16.41.2-30.0%
Total16.824.649.238.331.6%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Russia in 2022:

  1. Belarus (19.5K tons)
  2. Finland (5.4K tons)
  3. Poland (4.1K tons)
  4. Switzerland (2.7K tons)
  5. Romania (1.1K tons)
  6. Austria (0.8K tons)
  7. Slovenia (0.7K tons)

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia

In 2022, imports of monophenols; phenol (hydroxybenzene) and its saltses into Russia soared to 2.4K tons, with an increase of 992% compared with 2021 figures. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses soared to $2.2M in 2022. Over the period under review, imports, however, recorded a deep slump.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland3.44.20.22.2-13.5%
OthersN/AN/A0.1N/A0%
Total3.44.20.32.2-13.5%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Russia in 2022:

  1. Finland (2.4K tons)

Source: IndexBox Market Intelligence Platform

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