Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola - 2022

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola (CIF) - 2022

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,998 per ton, reducing by -10.2% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +10.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $5,938 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($4,031 per ton), while the price for Portugal ($3,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola

In 2022, purchases abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 8.4% to 824 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted modestly to $3.3K in 2022. In general, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 5.6%.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa3.12.02.12.0-13.6%
Brazil1.91.21.31.2-14.2%
Portugal0.1N/AN/A0.10.0%
Spain1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.23.23.43.3-19.0%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Angola in 2022:

  1. South Africa (489.0 kg)
  2. Brazil (299.0 kg)
  3. Portugal (36.0 kg)

Source: IndexBox Market Intelligence Platform

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