Which Country Exports the Most Alcohols in the World?
Basic Chemicals May 28, 2018
In 2016, the amount of alcohols exported worldwide stood at 270K tonnes, shrinking by -52.3% against the previous year figure. Overall, alcohols exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015, an increase of 33% from the previous year level. Over the period under review, global alcohols exports attained its maximum volume of 679K tonnes in 2009; however, from 2010 to 2016, it stood at a somewhat lower level.
In value terms, alcohols exports amounted to $1.6B in 2016. In general, alcohols exports continue to indicate a relatively flat trend pattern. Global alcohols export peaked of $2.2B in 2013; however, from 2014 to 2016, it failed to regain its strength.
Top Alcohols Exporting Countries in the World
1. China (400.3 million USD)
2. India (263.3 million USD)
3. Germany (211.8 million USD)
4. Japan (163.3 million USD)
5. Netherlands (84.9 million USD)
6. Belgium (20.1 million USD)
Alcohols Exports By Country
In 2016, Japan (85K tonnes), distantly followed by China (56K tonnes), Germany (36K tonnes), India (35K tonnes), the Netherlands (27K tonnes), and Belgium (12K tonnes) were the main exporters of alcohols, together achieving 93% of total exports.
From 2007 to 2016, the most notable growth rate of alcohols exports, among the main exporting countries, was attained by Belgium (+17.9% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest alcohols markets worldwide were China ($400M), India ($263M) and Germany ($212M), together comprising 54% of global exports.Japan, the Netherlands and Belgium lagged somewhat behind, together comprising a further 17%.
Belgium (+9.6% per year) experienced the highest growth rate of alcohols exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Alcohols Export Prices By Country
The average alcohols export price stood at $6,003 per tonne in 2016, rising by 93% against the previous year. In general, alcohols export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, when export increased by 93% year-to-year. In that year, average alcohols export price reached its maximum level, and is likely to continue its growth in the immediate term.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was India ($7,428 per tonne), while Belgium ($1,632 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of alcohols export prices was attained by Global (+9.6% per year), while the other global leaders experienced more modest paces of growth.
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- alcohols market share
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- alcohols import
- alcohols export
- alcohols market forecast
- alcohols price forecast
- key alcohols producers
This article was written on the product's HS-code: 2906.
