Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland - 2023

Contents:

1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland (CIF) - 2023
2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland (FOB) - 2022
3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland
4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland (CIF) - 2023

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $8,181 per ton in November 2023, declining by -73.4% against the previous month. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 164% m-o-m. As a result, import price reached the peak level of $38,830 per ton. From April 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($11,197 per ton), while the price for France ($3,863 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $46,778 per ton, leveling off at the previous year. Overall, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $54,225 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($220,242 per ton), while the average price for exports to the UK ($16,159 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 (+7.4%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Ireland recorded decline in overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which decreased by 0% to 144 tons in 2022. In general, imports continue to indicate a remarkable increase. The smallest decline of -6.4% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol totaled $1.7M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 27%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

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

1. United States (92.1 tons)
2. Netherlands (32.5 tons)
3. Germany (13.2 tons)
4. China (2.9 tons)
5. United Kingdom (2.7 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ireland

In 2022, overseas shipments of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by 0% to 21 tons, falling for the second year in a row after two years of growth. In general, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 54%. As a result, the exports attained the peak of 34 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $961K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 110% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Ireland in 2022:

1. Switzerland (10.5 tons)
2. United Kingdom (7.0 tons)
3. Canada (1.2 tons)
4. Italy (0.9 tons)
5. France (0.7 tons)

Source: IndexBox Market Intelligence Platform