U.S. - Octanol (Octyl Alcohol) And Isomers Thereof - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingOctyl Alcohol Price in the United States - 2023
Contents:
- Octyl Alcohol Price in the United States (FOB) - 2022
- Octyl Alcohol Price in the United States (CIF) - 2023
- Octyl Alcohol Exports in the United States
- Octyl Alcohol Imports in the United States
Octyl Alcohol Price in the United States (FOB) - 2022
In 2022, the average octyl alcohol export price amounted to $1,672 per ton, increasing by 3.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 90%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3,486 per ton), while the average price for exports to Brazil ($1,332 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Octyl Alcohol Price in the United States (CIF) - 2023
The average octyl alcohol import price stood at $1,875 per ton in September 2023, with a decrease of -5.3% against the previous month. Over the period under review, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 27% month-to-month. As a result, import price reached the peak level of $2,523 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,076 per ton), while the price for South Korea ($1,052 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Octyl Alcohol Exports in the United States
In 2022, shipments abroad of octanol (octyl alcohol) and isomers thereof was finally on the rise to reach 125K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, octyl alcohol exports soared to $210M in 2022. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Octyl Alcohol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 22.6 | 25.0 | 34.1 | 57.3 | 36.4% |
| Canada | 20.7 | 17.4 | 32.2 | 38.0 | 22.4% |
| Brazil | 12.2 | 13.5 | 26.7 | 35.4 | 42.6% |
| Colombia | 12.9 | 10.8 | 29.7 | 23.7 | 22.5% |
| Argentina | 6.5 | 10.3 | 18.5 | 18.1 | 40.7% |
| Chile | 10.8 | 5.3 | 13.2 | 15.3 | 12.3% |
| Turkey | 11.9 | 8.8 | 2.0 | 8.2 | -11.7% |
| South Korea | 6.3 | 4.5 | N/A | N/A | -28.6% |
| India | 11.7 | 3.9 | N/A | N/A | -66.7% |
| Others | 13.8 | 5.9 | 1.9 | 13.7 | -0.2% |
| Total | 130 | 105 | 158 | 210 | 17.3% |
Top Export Markets for Octyl Alcohol from the United States in 2022:
- South Korea (undefinedK tons)
- Mexico (32.5K tons)
- Brazil (26.6K tons)
- Canada (21.9K tons)
- Colombia (15.5K tons)
- Chile (10.0K tons)
- Argentina (8.6K tons)
- Turkey (5.1K tons)
Octyl Alcohol Imports in the United States
After three years of growth, overseas purchases of octanol (octyl alcohol) and isomers thereof decreased by -8.8% to 59K tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +40.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of 65K tons, and then fell in the following year.
In value terms, octyl alcohol imports amounted to $129M in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 135% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Octyl Alcohol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 22.7 | 30.8 | 42.9 | 64.7 | 41.8% |
| Germany | 17.2 | 7.3 | 31.4 | 38.4 | 30.7% |
| South Korea | 0.1 | N/A | 4.5 | 7.4 | 319.8% |
| Poland | 2.2 | 1.8 | 11.3 | 5.6 | 36.5% |
| China | 0.9 | 0.8 | 2.1 | 3.8 | 61.6% |
| Taiwan (Chinese) | N/A | N/A | 7.2 | 3.4 | -52.8% |
| Sweden | 4.8 | 0.5 | 3.2 | 2.8 | -16.4% |
| Saudi Arabia | 3.5 | 3.3 | 3.7 | 0.6 | -44.4% |
| Others | 8.2 | 4.4 | 8.5 | 2.4 | -33.6% |
| Total | 59.6 | 48.8 | 115 | 129 | 29.4% |
Top Suppliers of Octyl Alcohol to the United States in 2022:
- Netherlands (27.9K tons)
- Germany (17.9K tons)
- South Korea (4.4K tons)
- Poland (2.5K tons)
- Taiwan (Chinese) (2.2K tons)
- China (1.6K tons)
- Sweden (1.0K tons)
- Saudi Arabia (0.5K tons)
This report provides an in-depth analysis of the octyl alcohol market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
454
This report provides an in-depth analysis of the octyl alcohol market in the U.S..
55
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in the U.S..
57
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in the U.S..
108
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in the U.S..
583
This report provides an in-depth analysis of the butanol market in the U.S..
1020
This report provides an in-depth analysis of the methanol market in the U.S..
333
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in the U.S..
560
This report provides an in-depth analysis of the propylene glycol market in the U.S..
415
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in the U.S..
569
This report provides an in-depth analysis of the ethylene glycol market in the U.S..
243
Exports of Octyl Alcohol dropped to a value of 8.5 million in February 2023.
809
In August 2022, the butanol price per ton amounted to $1,293, declining by -9.3% against the previous month.
2589
In June 2022, the methanol price per ton amounted to $372 per ton, stabilizing at the previous month.
529
In Apr 2022, the average methanol export price amounted to $390 per ton, increasing by 21% against the previous month. The export price indicated a pronounced expansion from Jan 2022 to Apr 2022.
242
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
827
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
399
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.
917
The use of methanol as an alternative fuel is in line with the new global green agenda and can become a new driver of the methanol market. Maritime and automotive fuels constitute the prospective methanol applications. China is the largest market for imported methanol, with import growth to persist, should more cars work on the methanol fuel.
187
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
1532
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
