Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,169 per ton in 2022, surging by 41% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +67.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($3,247 per ton) and Denmark ($3,064 per ton), while the price for India ($2,348 per ton) and Norway ($2,767 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (FOB) - 2022
In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $389,600 per ton, surging by 14,632% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +31.6% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland
In 2022, after three years of growth, there was significant decline in overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -42.6% to 193 tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell rapidly to $612K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of $754K, and then dropped sharply in the following year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 174 | 154 | 345 | 440 | 36.2% |
| Belgium | 118 | 250 | 246 | 70.6 | -15.7% |
| Norway | 13.8 | 13.5 | 14.4 | 40.5 | 43.2% |
| India | 10.3 | 94.6 | 91.5 | 21.8 | 28.4% |
| Denmark | N/A | 13.1 | 1.6 | 20.1 | 23.9% |
| China | N/A | N/A | 54.2 | N/A | 0% |
| Others | 73.4 | 3.4 | 1.6 | 18.6 | -36.7% |
| Total | 389 | 528 | 754 | 612 | 16.3% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Finland in 2022:
- Germany (135.6 tons)
- Belgium (24.6 tons)
- Norway (14.6 tons)
- India (9.3 tons)
- Denmark (6.6 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland
In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol exported from Finland reduced sharply to 20 kg, with a decrease of -99.8% compared with 2021. Over the period under review, exports recorded a dramatic contraction.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol dropped significantly to $7.8K in 2022. In general, exports saw a precipitous shrinkage.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Spain | N/A | 7.8 | 0% | ||
| Sweden | 31.1 | N/A | 0% | ||
| Others | 0.5 | N/A | 0% | ||
| Total | 31.6 | 7.8 | -75.3% | ||
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Finland in 2022:
- Spain (20.0 kg)
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