Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka - 2022
Contents:
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka (CIF) - 2022
- Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka (CIF) - 2022
In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $22,233 per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 34% against the previous year. The import price peaked at $36,403 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($107,510 per ton), while the price for Singapore ($4,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced a decline.
Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka
In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 imported into Sri Lanka expanded sharply to 4 tons, increasing by 11% on 2021. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 192% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 skyrocketed to $88K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 291% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 36.0 | 51.3 | 46.7 | 13.9% |
| China | 1.0 | 7.7 | 6.3 | 5.8 | 79.7% |
| India | 3.3 | 4.0 | 4.8 | 4.4 | 10.1% |
| United States | 1.5 | 2.3 | 2.4 | 2.2 | 13.6% |
| Singapore | 3.4 | 0.7 | 1.2 | 1.6 | -22.2% |
| Hong Kong SAR | 4.0 | 3.2 | N/A | N/A | -20.0% |
| Others | 1.8 | 5.1 | 4.6 | 27.8 | 149.0% |
| Total | 15.1 | 59.0 | 70.6 | 88.4 | 80.2% |
Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Sri Lanka in 2022:
- Germany (1952.0 kg)
- China (352.0 kg)
- Singapore (337.0 kg)
- United States (287.0 kg)
- India (41.0 kg)
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