Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $12,692 per ton, reducing by -81.6% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 198%. As a result, import price reached the peak level of $96,078 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($18,298 per ton), while the price for Germany ($12,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $1,184,518 per ton, with an increase of 20% against the previous year. Overall, the export price showed a significant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 257% against the previous year. Over the period under review, the average export prices hit record highs at $1,364,541 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,722,653 per ton), while the average price for exports to the UK ($217,098 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 Germany (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland

In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses was finally on the rise to reach 102 tons after two years of decline. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses rose sharply to $1.3M in 2022. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 186%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Ireland in 2022:

1. Germany (101.7 tons)
2. Netherlands (0.1 tons)
3. China (0.1 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Ireland

In 2022, approx. 32 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were exported from Ireland; dropping by -28.1% on the year before. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 551% against the previous year. As a result, the exports attained the peak of 45 tons, and then declined remarkably in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced to $38M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 371% against the previous year. As a result, the exports reached the peak of $44M, and then declined in the following year.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Ireland in 2022:

1. Spain (12.4 tons)
2. United States (8.2 tons)
3. Switzerland (5.4 tons)
4. United Kingdom (2.9 tons)
5. Canada (1.6 tons)
6. Germany (0.9 tons)
7. Russia (0.3 tons)
8. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform