Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Norway - 2024

Contents:

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

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,178 per ton, surging by 44% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +93.6% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($13,141 per ton), while the price for the UK ($2,883 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,657 per ton in 2022, rising by 38% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +63.6% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,455 per ton), while the average price for exports to Sweden ($3,566 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 Finland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Norway rose notably to 828 tons in 2022, growing by 6% against the year before. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $2.6M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7238111,3001,89837.9%
China3392043383672.7%
United Kingdom40.729.0N/A24481.7%
IndiaN/A50.440.871.519.1%
France0.2N/A0.247.0517.1%
Others10396.542.53.9-66.4%
Total1,2061,1911,7212,63129.7%

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

  1. Netherlands (589.3 tons)
  2. China (118.7 tons)
  3. United Kingdom (84.5 tons)
  4. India (21.4 tons)
  5. France (13.4 tons)

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

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 95% to 98 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $359K in 2022. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2411971152926.6%
Finland14.112.614.240.742.4%
Netherlands49.5N/AN/A26.6-18.7%
OthersN/A16.05.0N/A-68.8%
Total3042251343595.7%

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

  1. Sweden (81.9 tons)
  2. Finland (10.4 tons)
  3. Netherlands (6.0 tons)

Source: IndexBox Market Intelligence Platform

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