Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (FOB) - 2023
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (CIF) - 2023
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $697 per ton in June 2023, with an increase of 14% against the previous month. Overall, the import price, however, saw a pronounced downturn. Over the period under review, average import prices attained the maximum at $988 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,628 per ton), while the price for Kuwait ($561 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (FOB) - 2023
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $901 per ton in June 2023, with a decrease of -23.3% against the previous month. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 48% m-o-m. The export price peaked at $2,634 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Libya ($1,785 per ton), while the average price for exports to Bangladesh ($819 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan
Imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Pakistan declined modestly to 431K tons in 2022, which is down by -3.6% against 2021 figures. Overall, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 79%. As a result, imports attained the peak of 447K tons, and then dropped slightly in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell to $418M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +56.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $450M, and then reduced in the following year.
Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 179 | 129 | 217 | 203 | 4.3% |
Kuwait | 113 | 78.3 | 147 | 124 | 3.1% |
China | 15.2 | 11.6 | 20.7 | 28.7 | 23.6% |
Taiwan (Chinese) | 8.8 | 12.2 | 12.7 | 12.8 | 13.3% |
Others | 39.3 | 37.0 | 53.3 | 49.4 | 7.9% |
Total | 356 | 268 | 450 | 418 | 5.5% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Pakistan in 2022:
- Kuwait (194.5K tons)
- Saudi Arabia (189.2K tons)
- China (12.4K tons)
- Taiwan (Chinese) (8.8K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan
For the fourth consecutive year, Pakistan recorded growth in overseas shipments of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, which increased by 29% to 9.2K tons in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 255%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $14M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 311% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.6 | 10.9 | 479 | 3,718 | 628.9% |
United Arab Emirates | N/A | 111 | 1,875 | 3,419 | 455.0% |
China | 362 | 731 | 2,557 | 1,442 | 58.5% |
Afghanistan | N/A | 5.5 | 16.7 | 1,430 | 1512.5% |
Egypt | 165 | 424 | 429 | 994 | 82.0% |
Uzbekistan | N/A | N/A | N/A | 580 | 0% |
Bangladesh | N/A | 35.2 | 193 | 434 | 251.1% |
Netherlands | N/A | 34.6 | N/A | 371 | 227.5% |
Kenya | 11.0 | 332 | 211 | 308 | 203.7% |
Iraq | N/A | 10.8 | 82.6 | 209 | 339.9% |
Tanzania | 0.3 | 93.1 | 176 | 128 | 652.8% |
South Africa | N/A | 177 | 166 | N/A | -6.2% |
Others | 5.5 | 311 | 460 | 1,086 | 482.3% |
Total | 554 | 2,276 | 6,646 | 14,120 | 194.3% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Pakistan in 2022:
- United Arab Emirates (1979.0 tons)
- United States (1750.6 tons)
- China (1512.0 tons)
- Afghanistan (1143.4 tons)
- Egypt (794.7 tons)
- Uzbekistan (357.9 tons)
- Bangladesh (280.0 tons)
- Kenya (212.5 tons)
- Tanzania (194.7 tons)
- Netherlands (192.5 tons)
- Iraq (140.0 tons)
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