Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Germany - 2023

Contents:

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

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

In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $10,648 per ton, with an increase of 40% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($132,142 per ton), while the price for France ($3,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+128.3%), 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 Germany (FOB) - 2022

In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $10,160 per ton, increasing by 18% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 increased by +99.3% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,773 per ton), while the average price for exports to Belgium ($4,743 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 the UK (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 imported into Germany dropped to 4.3K tons, which is down by -14.4% against the previous year's figure. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 soared to $46M in 2022. The total import value increased at an average annual rate of +12.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.68.511.417.231.3%
India4.45.24.39.428.8%
France3.17.610.69.243.7%
Netherlands4.54.45.24.92.9%
Belgium0.60.40.81.946.8%
Japan5.6N/AN/A0.1-73.9%
Others6.66.56.03.4-19.8%
Total32.432.738.346.012.4%

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

  1. France (2346.7 tons)
  2. Netherlands (1120.5 tons)
  3. China (494.5 tons)
  4. Belgium (293.6 tons)
  5. India (71.3 tons)
  6. Japan (6.8 tons)

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

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 exported from Germany shrank rapidly to 4K tons, declining by -27.3% compared with the previous year's figure. In general, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 18%.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 reduced to $40M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of $47M, and then shrank in the following year.

Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.14.512.510.65.2%
Spain2.22.63.44.426.0%
France1.82.93.03.929.4%
Italy3.44.33.63.1-3.0%
Switzerland4.34.04.02.8-13.3%
Singapore6.53.61.52.6-26.3%
Japan2.63.44.02.60.0%
China2.01.74.52.23.2%
Belgium1.00.50.41.821.6%
India0.93.02.41.518.6%
Netherlands0.60.71.20.75.3%
United Kingdom1.40.71.20.7-20.6%
South Korea0.80.61.10.5-14.5%
Others2.74.64.22.92.4%
Total39.137.147.040.20.9%

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

  1. United States (1096.3 tons)
  2. Belgium (386.5 tons)
  3. France (372.7 tons)
  4. Italy (286.2 tons)
  5. Switzerland (283.2 tons)
  6. Spain (260.0 tons)
  7. Singapore (258.8 tons)
  8. Japan (247.3 tons)
  9. China (232.1 tons)
  10. India (130.8 tons)
  11. Netherlands (97.0 tons)
  12. South Korea (45.2 tons)
  13. United Kingdom (42.4 tons)

Source: IndexBox Market Intelligence Platform

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