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

Contents:

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

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

The average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $11,785 per ton in 2022, rising by 39% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained 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 China ($38,976 per ton), while the price for Japan ($7,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+16.3%), 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 the UK (FOB) - 2022

The average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $127,200 per ton in 2022, surging by 184% against the previous year. Overall, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($85,557 per ton), while the average price for exports to Ireland ($14,319 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 Brazil (+13.0%), 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 the UK

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 -28.1% to 1.7K tons. In general, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 19%.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 reached $20M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.26.16.05.73.1%
Japan4.26.04.94.73.8%
China0.30.93.33.2120.1%
Mexico2.22.20.71.6-10.1%
Hong Kong SAR0.30.81.00.944.2%
Netherlands0.50.40.60.50.0%
Others3.23.73.23.0-2.1%
Total16.120.019.719.77.0%

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

  1. Germany (727.2 tons)
  2. Japan (651.1 tons)
  3. Mexico (98.3 tons)
  4. China (81.9 tons)
  5. Netherlands (64.2 tons)
  6. Hong Kong SAR (28.1 tons)

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

In 2022, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 from the UK contracted rapidly to 52 tons, dropping by -68.7% against 2021 figures. In general, exports recorded a sharp reduction. The smallest decline of -12.7% was in 2021.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 fell to $6.6M in 2022. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $9.4M. 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1331,8291,0431,222-16.9%
Ireland2,2451,351270943-25.1%
France724634873650-3.5%
Spain592740587469-7.5%
Brazil16645655241135.3%
Belgium43.143.740330090.9%
United States241457260234-1.0%
Others2,0423,8573,4702,4185.8%
Total8,1869,3687,4576,647-6.7%

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

  1. Ireland (65.9 tons)
  2. Germany (30.5 tons)
  3. Belgium (11.9 tons)
  4. Brazil (10.9 tons)
  5. Spain (10.4 tons)
  6. France (7.6 tons)
  7. United States (4.4 tons)

Source: IndexBox Market Intelligence Platform

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