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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
billion USD | ||||
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 |
---|---|---|---|---|
billion USD | ||||
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.
Denatured Ethyl Alcohol - Product Coverage
- HS 220720 - Ethyl alcohol and other spirits; denatured, of any strength
This report provides an in-depth analysis of the global denatured ethyl alcohol market.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Africa.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Eastern Asia.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Australia and Oceania.
This report provides an in-depth analysis of the denatured ethyl alcohol market in South-Eastern Asia.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Latin America and the Caribbean.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Central Asia.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Northern America.
This report provides an in-depth analysis of the denatured ethyl alcohol market in Southern Asia.
This report provides an in-depth analysis of the denatured ethyl alcohol market in the Middle East.
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