Aromatic Alcohols Market
Aromatic alcohols market: enjoy the latest info featured by an Ai-driven BI tool. Datasets contain exports, imports, market prices, trade, production, consumption, companies, and market size. Here is a split by country, including Russia, China, the U.S., Africa, EU, the Middle East, Latin America, and the U.K. Market trends and outlook to 2030 are also featured in the snapshots.
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Aromatic Alcohols - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | India |
4 | Mexico |
5 | United Kingdom |
In value terms, the largest aromatic alcohols markets worldwide were China, the United States and India, with a combined 58% share of the global market. Mexico, the UK, Turkey, Japan, Germany, South Korea, Tanzania, Brazil, Canada and Saudi Arabia lagged somewhat behind, together comprising a further 17%.
In terms of the main consuming countries, Saudi Arabia saw the highest growth rate of market size, over the period under review, while aromatic alcohols market for the other global leaders experienced more modest paces of growth.
Aromatic Alcohols Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Netherlands | 2310 | 2123 | 1742 | -13.2% |
Saudi Arabia | 1849 | 1935 | 1972 | 3.3% |
India | 2425 | 2093 | 2695 | 5.4% |
Germany | 3183 | 3673 | 2749 | -7.1% |
Japan | 6057 | 6371 | 5129 | -8.0% |
China | 4739 | 5497 | 5236 | 5.1% |
United States | 7758 | 7914 | 5875 | -13.0% |
Average | 2877 | 3246 | 3160 | 4.8% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($5,875 per ton), while the Netherlands ($1,742 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
France | 3856 | 5394 | 6383 | 28.7% |
United Kingdom | 3958 | 4717 | 6028 | 23.4% |
Mexico | 4469 | 6924 | 5373 | 9.6% |
United Arab Emirates | 5055 | 4523 | 4931 | -1.2% |
China | 4939 | 5378 | 4871 | -0.7% |
Spain | 3593 | 3142 | 3950 | 4.9% |
Germany | 3477 | 3215 | 3663 | 2.6% |
Italy | 4184 | 3154 | 3477 | -8.8% |
South Korea | 3314 | 4010 | 3187 | -1.9% |
Japan | 3340 | 2820 | 2857 | -7.5% |
Netherlands | 3341 | 2454 | 2428 | -14.8% |
Brazil | 4157 | 3292 | 2356 | -24.7% |
United States | 2689 | 2574 | 2335 | -6.8% |
Average | 3600 | 3798 | 3768 | 2.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($6,383 per ton), while the United States ($2,335 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Aromatic Alcohols - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United States | 48 | 39 | 44 | -4.4% |
United Kingdom | 31 | 33 | 39 | 12.8% |
Mexico | 20 | 21 | 31 | 25.9% |
China | 19 | 22 | 23 | 9.3% |
Japan | 26 | 21 | 21 | -9.5% |
In value terms, the largest aromatic alcohols importing markets worldwide were the United States ($44M), the UK ($39M) and Mexico ($31M), together comprising 27% of global imports.
Among the main importing countries, Mexico saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Aromatic Alcohols - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
China | 188 | 185 | 210 | 5.8% |
Saudi Arabia | 167 | 108 | 106 | -20.1% |
India | 59 | 47 | 73 | 11.0% |
Germany | 60 | 49 | 53 | -5.8% |
Netherlands | 50 | 31 | 40 | -11.3% |
In value terms, China ($210M), Saudi Arabia ($106M) and India ($73M) appeared to be the countries with the highest levels of exports in 2020, with a combined 70% share of global exports. Germany, the Netherlands, the United States and Japan lagged somewhat behind, together accounting for a further 23%.
Among the main exporting countries, the United States recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Aromatic Alcohols - Market Forecast
Driven by rising demand for aromatic alcohols worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Aromatic Alcohols - Product Coverage
- HS 290621 - Alcohols; aromatic alcohols and derivatives, benzyl alcohol
- HS 290629 - Alcohols; aromatic and derivatives, other than benzyl alcohol
This report provides an in-depth analysis of the global aromatic alcohols market.
This report provides an in-depth analysis of the aromatic alcohols market in Central Asia.
This report provides an in-depth analysis of the aromatic alcohols market in the Middle East.
This report provides an in-depth analysis of the aromatic alcohols market in Africa.
This report provides an in-depth analysis of the aromatic alcohols market in Australia and Oceania.
This report provides an in-depth analysis of the aromatic alcohols market in Northern America.
This report provides an in-depth analysis of the aromatic alcohols market in South-Eastern Asia.
This report provides an in-depth analysis of the aromatic alcohols market in Latin America and the Caribbean.
This report provides an in-depth analysis of the aromatic alcohols market in Eastern Asia.
This report provides an in-depth analysis of the aromatic alcohols market in Southern Asia.
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