Alcohols; Polyhydric, Pentaerythritol Price in the United States - 2023
Contents:
- Alcohols; Polyhydric, Pentaerythritol Price in the United States (CIF) - 2023
- Alcohols; Polyhydric, Pentaerythritol Price in the United States (FOB) - 2023
- Alcohols; Polyhydric, Pentaerythritol Imports in the United States
- Alcohols; Polyhydric, Pentaerythritol Exports in the United States
Alcohols; Polyhydric, Pentaerythritol Price in the United States (CIF) - 2023
In August 2023, the average alcohols; polyhydric, pentaerythritol import price amounted to $2,147 per ton, surging by 3.4% against the previous month. In general, the import price, however, saw a mild contraction. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 8.7% month-to-month. Over the period under review, average import prices hit record highs at $2,592 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,640 per ton), while the price for China ($1,449 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced a decline.
Alcohols; Polyhydric, Pentaerythritol Price in the United States (FOB) - 2023
In August 2023, the average alcohols; polyhydric, pentaerythritol export price amounted to $2,874 per ton, with an increase of 19% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 38% m-o-m. The export price peaked at $4,052 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Peru ($4,778 per ton), while the average price for exports to Canada ($1,715 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Alcohols; Polyhydric, Pentaerythritol Imports in the United States
In 2022, the amount of alcohols; polyhydric, pentaerythritol imported into the United States fell to 36K tons, remaining stable against 2021 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.
In value terms, alcohols; polyhydric, pentaerythritol imports skyrocketed to $88M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Alcohols; Polyhydric, Pentaerythritol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.1 | 20.3 | 17.5 | 25.1 | -3.7% |
| Turkey | 8.3 | 4.8 | 15.5 | 16.0 | 24.5% |
| Sweden | 8.4 | 6.0 | 6.4 | 12.1 | 12.9% |
| Taiwan (Chinese) | 9.1 | 6.3 | 7.2 | 11.0 | 6.5% |
| Spain | 6.2 | 4.7 | 6.8 | 8.9 | 12.8% |
| India | 2.4 | 1.3 | 3.1 | 6.4 | 38.7% |
| China | 3.5 | 2.1 | 7.3 | 5.4 | 15.6% |
| Others | 1.6 | 1.4 | 3.9 | 3.1 | 24.7% |
| Total | 67.4 | 46.8 | 67.8 | 87.8 | 9.2% |
Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to the United States in 2022:
- Germany (10.3K tons)
- Turkey (6.4K tons)
- Taiwan (Chinese) (5.5K tons)
- Sweden (5.0K tons)
- Spain (3.3K tons)
- China (2.4K tons)
- India (1.6K tons)
Alcohols; Polyhydric, Pentaerythritol Exports in the United States
In 2022, shipments abroad of alcohols; polyhydric, pentaerythritol decreased by -22.5% to 2.2K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 2.7% against the previous year. As a result, the exports attained the peak of 4.7K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, alcohols; polyhydric, pentaerythritol exports shrank slightly to $5.8M in 2022. In general, exports faced a abrupt contraction.
| Export of Alcohols; Polyhydric, Pentaerythritol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.7 | 8.1 | 5.3 | 4.8 | -18.0% |
| Canada | 0.2 | 0.1 | 0.5 | 0.5 | 35.7% |
| Peru | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Argentina | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.9 | 8.4 | 6.0 | 5.8 | -13.3% |
Top Export Markets for Alcohols; Polyhydric, Pentaerythritol from the United States in 2022:
- Mexico (1716.1 tons)
- Canada (288.7 tons)
- Peru (72.9 tons)
- Turkey (53.1 tons)
- Argentina (38.0 tons)
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