After reaching a low of *** U.S. dollars per metric ton in 2020, the global price of benzene increased rapidly over the following two years, before again declining to an average of *** U.S. dollars per metric ton in 2022. Uses of benzene Benzene is one of the most common products in the petrochemical industry, accounting for roughly ** percent of primary petrochemical consumption worldwide. The compound is the simplest aromatic hydrocarbon and it is used widely for the manufacture of organic chemicals with more complex structures. For instance, most of the benzene produced is transformed to ethylbenzene, which is then converted to styrene, and finally, polystyrene. Other important applications include the production of phenol and acetone. Global benzene market The global market volume of benzene amounted to nearly ***** million metric tons in 2022 and it is expected to reach over ** million metric tons by 2023. Regarding the market value of the petrochemical compound, it stood at over ***** billion U.S. dollars in 2022 and is forecast to rise considerably to some ****** billion U.S. dollars. In 2021, South Korea, India, and Thailand were the largest exporters of benzene worldwide.

In Q3 2025, North America Benzene Price Index rose by 4.67% quarter-over-quarter, driven by stronger export arbitrage. Check detailed insights for Europe, MEA, South America and APAC.

Get the latest insights on price movement and trend analysis of Benzene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In 2024, the highest price was recorded in April, reaching ***** U.S. dollars per metric ton, while the lowest price occurred in August and September, standing at *** U.S. dollars per metric ton. Comparing these figures to the same months in previous years, we observe a general increase in prices over time. However, there were notable exceptions, such as November 2023, where the price dropped to *** U.S. dollars per metric ton, lower than the corresponding month in the previous year. Overall, the data indicates both upward and downward price movements, reflecting the dynamic nature of the benzene market during this period.

The average benzene import price stood at $1,236 per ton in May 2025, rising by 41% against the previous month.

Explore the multifaceted factors influencing benzene prices, including crude oil fluctuations, supply-demand dynamics, geopolitical events, and environmental regulations, and their impact on the chemical industry's economic trends.

In Q3 2025, Japan, the Nitro Benzene Price Index rose by 5.14% quarter-over-quarter, reflecting balanced supply conditions. Check detailed insights for Europe and North America.

Daily historical price data for Benzene including high, low, open, close, and percentage difference over the most recent 24 days.

Get the latest insights on price movement and trend analysis of Linear Alkyl Benzene (LAB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Industry: Petrochemical Manufacturing: Aromatics (Benzene, Toluene, Xylene, etc.), Made in Petrochemical Plants (PCU3251103251101) from May 1983 to Dec 2013 about plant, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The market value of the organic compound benzene was approximately ***** billion U.S. dollars worldwide in 2022. By 2030, the global market value of this chemical is expected to rise considerably to some ****** billion U.S. dollars.

In 2023, the amount of benzene exported from Russia fell remarkably to 127 tons, waning by -99.4% compared with 2022.

Get the latest insights on price movement and trend analysis of Heavy Alkyl Benzene (HAB) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

All-time high price data for Benzene, including the peak value, date achieved, and current comparison metrics.

The benzene market price is determined by various factors such as supply and demand dynamics, feedstock prices, global economic conditions, and industry regulations. This article provides an overview of benzene, its uses, and the factors influencing its market price. It also discusses how the benzene market is traded on commodity exchanges and the impact of end-use industries, feedstock availability, economic conditions, and regulations on benzene prices.

In Q3 2025, North America LAB Price Index rose by 5.26% quarter-over-quarter, in Q3 2025, reflecting resilient demand. Check detailed insights for Europe, MEA and APAC.

In April 2025, the average benzene export price amounted to $732 per ton, shrinking by -20.9% against the previous month.

In 2021, the retail price of benzene fuel in Thailand amounted to **** Thai baht per liter, indicating an increase from the previous year. In that year, the average benzene fuel consumption in the country was over ** million liters per day.

The global benzene market, valued at $93.23B in 2025, is projected to grow at a CAGR of 3.4% until 2033, driven by plastics & polymers demand. Explore key trends, restraints, and leading players like BASF and ExxonMobil in this comprehensive market analysis.

This dataset contains the predicted prices of the asset Benzene over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.