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Denatured Ethyl Alcohol Market

Denatured ethyl alcohol market: enjoy the most recent facts and figures secured by an Ai-driven BI tool. Statistics contain trade, imports, market prices, production, market size, exports, companies, and consumption. There is a split by country, including EU, Russia, the U.K., China, the U.S., Latin America, the Middle East, and Africa. Market insights and outlook to 2030 are also featured in the snapshots.

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Denatured Ethyl Alcohol - World's Largest Markets

Rating	Country
1	China
2	Japan
3	United States
4	Canada
5	Indonesia

In value terms, the largest denatured ethyl alcohol markets worldwide were China, Japan and the United States, together accounting for 29% of the global market. These countries were followed by Canada, Indonesia, the UK, India, Mexico, Pakistan, Brazil, the Netherlands, Russia and Nigeria, which together accounted for a further 30%.

Nigeria (+132.9% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while denatured ethyl alcohol market for the other global leaders experienced more modest paces of growth.

Denatured Ethyl Alcohol Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	698	618	435	-21.1%
South Africa	761	706	520	-17.3%
United States	432	430	695	26.8%
Pakistan	848	803	796	-3.1%
Netherlands	856	818	944	5.0%
France	781	881	1033	15.0%
Poland	866	898	1122	13.8%
Canada	987	920	1140	7.5%
Germany	960	976	1204	12.0%
Average	526	537	797	23.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($1,204 per ton), while Russia ($435 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	1430	1459	1225	-7.4%
Turkey	792	744	1056	15.5%
United Kingdom	819	727	985	9.7%
Germany	815	791	940	7.4%
Belgium	883	876	874	-0.5%
Netherlands	777	605	718	-3.9%
South Korea	638	631	653	1.2%
Philippines	651	638	646	-0.4%
Nigeria	482	595	588	10.4%
India	570	546	552	-1.6%
Colombia	627	571	500	-10.7%
Canada	430	417	430	0.0%
Peru	387	468	426	4.9%
Average	553	573	676	10.6%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,225 per ton), while Peru ($426 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.

Denatured Ethyl Alcohol - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Canada	0.6	0.5	0.5	-5.3%
India	0.3	0.3	0.3	7.5%
Netherlands	0.01	0.02	0.3	361.5%
Germany	0.1	0.2	0.2	40.3%
South Korea	0.1	0.1	0.2	22.4%

In value terms, Canada ($505M), India ($306M) and the Netherlands ($304M) were the countries with the highest levels of imports in 2020, with a combined 35% share of global imports.

The Netherlands (+361.5% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Denatured Ethyl Alcohol - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	1.3	1.1	1.2	-1.7%
France	0.09	0.08	0.1	8.0%
Netherlands	0.07	0.07	0.09	17.0%
Canada	0.03	0.05	0.09	78.4%
Germany	0.03	0.03	0.06	48.1%

In value terms, the United States ($1.2B) remains the largest denatured ethyl alcohol supplier worldwide, comprising 57% of global exports. The second position in the ranking was occupied by France ($110M), with a 5.2% share of global exports. It was followed by the Netherlands, with a 4.3% share.

In the United States, denatured ethyl alcohol exports decreased by an average annual rate of -1.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (+8.0% per year) and the Netherlands (+17.0% per year).

Denatured Ethyl Alcohol - Market Forecast

Driven by increasing demand for denatured ethyl alcohol worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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.