Octyl Alcohol Market
Octyl alcohol market: get new facts and figures featured by an Ai-driven BI platform. Info cover market prices, trade, exports, companies, market size, production, consumption, and imports. There is a split by country, including the Middle East, Africa, Russia, EU, Latin America, the U.S., China, and the U.K. Market trends and outlook to 2030 are also provided in the reports.
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Octyl Alcohol - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | United States |
| 4 | Brazil |
| 5 | Indonesia |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
In China, the octyl alcohol market decreased by an average annual rate of -7.4% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (-0.6% per year) and the United States (-5.5% per year).
Octyl Alcohol Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Taiwan (Chinese) | 1141 | 950 | 785 | -17.1% |
| Japan | 1131 | 982 | 791 | -16.4% |
| South Korea | 1131 | 1090 | 795 | -16.2% |
| United States | 1247 | 1015 | 846 | -17.6% |
| Belgium | 1317 | 1342 | 870 | -18.7% |
| Singapore | 1160 | 1035 | 886 | -12.6% |
| Germany | 1253 | 1122 | 897 | -15.4% |
| Malaysia | 1297 | 1122 | 939 | -14.9% |
| Indonesia | 1246 | 1046 | 939 | -13.2% |
| Netherlands | 1771 | 1629 | 1400 | -11.1% |
| Average | 1212 | 1083 | 929 | -12.5% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($1,400 per ton), while Taiwan (Chinese) ($785 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 1309 | 1425 | 1150 | -6.3% |
| Italy | 1352 | 1268 | 1056 | -11.6% |
| France | 1248 | 1163 | 1056 | -8.0% |
| China | 1274 | 1051 | 1052 | -9.1% |
| Vietnam | 1248 | 1200 | 1045 | -8.5% |
| United Kingdom | 1112 | 1008 | 999 | -5.2% |
| Belgium | 1264 | 1219 | 952 | -13.2% |
| India | 1314 | 1127 | 910 | -16.8% |
| South Korea | 1206 | 1072 | 890 | -14.1% |
| Turkey | 1119 | 1020 | 885 | -11.1% |
| Thailand | 1156 | 1089 | 831 | -15.2% |
| Mexico | 1236 | 1040 | 825 | -18.3% |
| Taiwan (Chinese) | 1121 | 977 | 820 | -14.5% |
| Average | 1254 | 1121 | 980 | -11.6% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in the United States ($1,150 per ton) and Italy ($1,056 per ton), while Taiwan (Chinese) ($820 per ton) and Mexico ($825 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced a decline in the import price figures.
Octyl Alcohol - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.3 | 0.2 | 0.2 | -6.4% |
| Turkey | 0.08 | 0.1 | 0.1 | 25.4% |
| Belgium | 0.05 | 0.04 | 0.08 | 26.8% |
| South Korea | 0.2 | 0.09 | 0.07 | -33.5% |
| India | 0.07 | 0.09 | 0.07 | -5.1% |
In value terms, the largest octyl alcohol importing markets worldwide were China ($221M), Turkey ($119M) and Belgium ($78M), with a combined 40% share of global imports.
Among the main importing countries, Belgium 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.
Octyl Alcohol - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 209 | 175 | 157 | -13.3% |
| United States | 113 | 130 | 105 | -3.6% |
| Indonesia | 134 | 119 | 102 | -12.5% |
| Netherlands | 52 | 69 | 85 | 27.5% |
| Taiwan (Chinese) | 50 | 31 | 64 | 12.5% |
In value terms, Germany ($157M), the United States ($105M) and Indonesia ($102M) appeared to be the countries with the highest levels of exports in 2020, together comprising 45% of global exports. The Netherlands, Taiwan (Chinese), South Korea, Japan, Malaysia, Belgium and Singapore lagged somewhat behind, together accounting for a further 45%.
In terms of the main exporting countries, Belgium (+364.5% per year) saw 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.
Octyl Alcohol - Market Forecast
Driven by rising demand for octyl alcohol 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.
Octyl Alcohol - Product Coverage
- HS 290516 - Alcohols; saturated monohydric, octanol (octyl alcohol) and isomers thereof
This report provides an in-depth analysis of the global octyl alcohol market.
This report provides an in-depth analysis of the octyl alcohol market in Northern America.
This report provides an in-depth analysis of the octyl alcohol market in Latin America and the Caribbean.
This report provides an in-depth analysis of the octyl alcohol market in South-Eastern Asia.
This report provides an in-depth analysis of the octyl alcohol market in Australia and Oceania.
This report provides an in-depth analysis of the octyl alcohol market in Eastern Asia.
This report provides an in-depth analysis of the octyl alcohol market in Southern Asia.
This report provides an in-depth analysis of the octyl alcohol market in Africa.
This report provides an in-depth analysis of the octyl alcohol market in the Middle East.
This report provides an in-depth analysis of the octyl alcohol market in Central Asia.
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