Price for Alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) in the United States - 2023

Contents:

  1. Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (CIF) - 2023
  2. Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (FOB) - 2023
  3. Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States
  4. Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States

Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (CIF) - 2023

In December 2023, the average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $1,978 per ton, picking up by 23% against the previous month. Overall, the import price, however, saw a pronounced decline. The import price peaked at $2,869 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Sweden ($2,102 per ton), while the price for China ($1,661 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (FOB) - 2023

In December 2023, the average export price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $1,790 per ton, with an increase of 9.2% against the previous month. In general, the export price posted buoyant growth. The most prominent rate of growth was recorded in January 2023 an increase of 238% m-o-m. As a result, the export price attained the peak level of $3,364 per ton. From February 2023 to December 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Mexico ($2,157 per ton), while the average price for exports to Brazil ($1,150 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States

In 2022, supplies from abroad of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) was finally on the rise to reach 12K tons after two years of decline. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) soared to $34M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.68.07.220.929.6%
China0.50.13.66.2131.5%
Sweden6.73.82.45.1-8.7%
Belgium0.70.30.50.5-10.6%
Japan0.60.80.3N/A-29.3%
Others0.40.71.10.720.5%
Total18.413.815.133.522.1%

Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to the United States in 2022:

  1. Germany (7.5K tons)
  2. China (2.1K tons)
  3. Sweden (2.0K tons)
  4. Belgium (0.1K tons)

Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States

In 2022, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) from the United States soared to 14K tons, picking up by 238% compared with the previous year. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) skyrocketed to $20M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico5.64.37.511.125.6%
ItalyN/AN/A0.73.7428.6%
Turkey0.80.5N/A3.360.4%
Brazil0.10.10.81.7157.1%
Canada0.40.20.30.57.7%
Others0.10.40.20.226.0%
Total7.15.59.520.542.4%

Top Export Markets for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) from the United States in 2022:

  1. Mexico (4.5K tons)
  2. Italy (4.3K tons)
  3. Turkey (3.1K tons)
  4. Brazil (1.8K tons)
  5. Canada (0.3K tons)

Source: IndexBox Market Intelligence Platform

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