Price for Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in the United States - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (FOB) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (CIF) - 2023
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (FOB) - 2023
In December 2023, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $573 per ton, waning by -7.4% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 21% m-o-m. As a result, the export price reached the peak level of $742 per ton. From February 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($2,312 per ton), while the average price for exports to South Korea ($236 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.0%), while the prices for the other major destinations experienced a decline.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (CIF) - 2023
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $876 per ton in December 2023, increasing by 5.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 35% m-o-m. As a result, import price reached the peak level of $1,258 per ton. From June 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($3,058 per ton), while the price for Venezuela ($208 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States
In 2022, approx. 6.9M tons of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses were exported from the United States; jumping by 30% compared with the year before. The total export volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $4.8B in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 432 | 405 | 615 | 628 | 13.3% |
| China | 237 | 381 | 467 | 533 | 31.0% |
| Belgium | 295 | 291 | 299 | 457 | 15.7% |
| Turkey | 116 | 169 | 285 | 433 | 55.1% |
| Netherlands | 140 | 98.4 | 215 | 395 | 41.3% |
| South Korea | 653 | 353 | 432 | 361 | -17.9% |
| Canada | 185 | 204 | 274 | 353 | 24.0% |
| Brazil | 108 | 131 | 207 | 283 | 37.9% |
| Spain | 46.5 | 28.4 | 37.5 | 120 | 37.2% |
| Taiwan (Chinese) | 87.8 | 78.7 | 120 | 95.8 | 2.9% |
| France | 25.6 | 17.2 | 36.1 | 69.4 | 39.4% |
| Italy | 30.9 | 27.6 | 29.2 | 63.5 | 27.1% |
| Switzerland | 58.4 | 3.0 | 19.2 | 61.4 | 1.7% |
| Others | 573 | 521 | 728 | 938 | 17.9% |
| Total | 2,988 | 2,709 | 3,765 | 4,791 | 17.0% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from the United States in 2022:
- South Korea (994.8K tons)
- Mexico (744.0K tons)
- Turkey (726.1K tons)
- Netherlands (720.5K tons)
- China (701.7K tons)
- Belgium (668.8K tons)
- Brazil (382.3K tons)
- Spain (290.3K tons)
- Canada (212.7K tons)
- Switzerland (169.6K tons)
- Taiwan (Chinese) (156.3K tons)
- France (126.0K tons)
- Italy (114.9K tons)
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States
In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into the United States dropped sharply to 2.4M tons, with a decrease of -23.2% against the year before. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 4.6% against the previous year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded rapidly to $2.5B in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +55.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 524 | 348 | 466 | 438 | -5.8% |
| Trinidad and Tobago | 404 | 258 | 479 | 378 | -2.2% |
| Indonesia | 49.2 | 43.8 | 70.0 | 231 | 67.4% |
| Germany | 158 | 131 | 165 | 193 | 6.9% |
| China | 111 | 103 | 178 | 158 | 12.5% |
| Netherlands | 48.6 | 72.3 | 67.2 | 152 | 46.2% |
| Malaysia | 78.6 | 67.8 | 79.6 | 131 | 18.6% |
| Venezuela | 42.8 | N/A | 40.2 | 70.2 | 17.9% |
| Saudi Arabia | 69.8 | 29.8 | 61.9 | 53.1 | -8.7% |
| Equatorial Guinea | 99.5 | 39.4 | 92.6 | 30.0 | -32.9% |
| Russia | 21.3 | 35.2 | 8.9 | 2.4 | -51.7% |
| Others | 477 | 448 | 533 | 619 | 9.1% |
| Total | 2,084 | 1,576 | 2,242 | 2,455 | 5.6% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to the United States in 2022:
- Trinidad and Tobago (833.0K tons)
- Canada (596.3K tons)
- Venezuela (193.6K tons)
- Indonesia (119.8K tons)
- Malaysia (113.6K tons)
- Netherlands (104.4K tons)
- Equatorial Guinea (84.6K tons)
- Germany (72.2K tons)
- Saudi Arabia (59.8K tons)
- China (48.9K tons)
- Russia (4.1K tons)
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