Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus - 2022

Contents:

  1. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (CIF) - 2022
  2. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (FOB) - 2022
  3. Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus
  4. Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (CIF) - 2022

The average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $37,690 per ton in 2022, with a decrease of -8.1% against the previous year. Overall, the import price, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 722% against the previous year. As a result, import price attained the peak level of $41,003 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($46,374 per ton), while the price for Japan ($1,091 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (FOB) - 2022

In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $23,616 per ton, growing by 15% against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2017 when the average export price increased by 330%. Over the period under review, the average export prices attained the maximum at $80,172 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +14.8% per year.

Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus

In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2, when their volume decreased by -44.9% to 3 tons. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 887% against the previous year. As a result, imports reached the peak of 5.5 tons, and then contracted remarkably in the following year.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 contracted dramatically to $115K in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 8,008% against the previous year. As a result, imports attained the peak of $227K, and then dropped rapidly in the following year.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.41.1146113556.2%
Belgium0.10.128.91.2128.9%
Russia0.70.48.40.3-24.6%
Poland0.10.13.40.226.0%
United States0.20.12.90.1-20.6%
Japan0.1N/A1.30.10.0%
ItalyN/A1.0N/AN/A0%
Others0.2N/A36.00.314.5%
Total1.82.8227115299.8%

Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Belarus in 2022:

  1. China (2433.0 kg)
  2. Russia (106.0 kg)
  3. Belgium (52.0 kg)
  4. Japan (46.0 kg)
  5. United States (19.0 kg)
  6. Poland (11.0 kg)

Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus

In 2022, shipments abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 decreased by 0% to 102 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 216% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 totaled $2.4K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, the exports reached the peak of $2.7K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.72.72.12.412.2%
OthersN/AN/AN/AN/A0%
Total1.72.72.12.412.2%

Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from Belarus in 2022:

  1. Russia (102.0 kg)

Source: IndexBox Market Intelligence Platform

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