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

Contents:

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

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $4,919 per ton, with an increase of 25% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +81.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is likely to see steady 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 ($10,000 per ton), while the price for France ($2,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+161.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,635 per ton, falling by -24% against the previous year. In general, the export price recorded a significant contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 166%. The export price peaked at $27,861 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Moldova ($21,775 per ton), while the average price for exports to France ($2,337 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 Moldova (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -64.8% to 14 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 83 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank dramatically to $71K in 2022. In general, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, imports attained the peak of $226K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.017.115.235.457.9%
FranceN/A14.90.411.3-12.9%
Italy11.21.82.08.4-9.1%
Greece6.511.611.05.6-4.8%
Netherlands1731531154.7-69.9%
Spain1.41.94.52.622.9%
United Kingdom0.6N/A8.51.741.5%
ChinaN/A24.2N/A0.7-83.0%
Others3.40.63.10.2-61.1%
Total20522616070.6-29.9%

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

  1. France (5.0 tons)
  2. Germany (3.9 tons)
  3. Italy (2.3 tons)
  4. Netherlands (1.3 tons)
  5. Greece (0.8 tons)
  6. Spain (0.6 tons)
  7. United Kingdom (0.4 tons)
  8. China (0.1 tons)

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

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -59.2% to 7.5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,348% against the previous year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank remarkably to $20K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 873%.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A22.024.316.4-13.7%
Moldova2.50.75.32.2-4.2%
GermanyN/AN/A24.40.8-96.7%
Others0.89.19.50.2-37.0%
Total3.331.863.519.781.4%

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

  1. France (7.0 tons)
  2. Germany (0.3 tons)
  3. Moldova (0.1 tons)

Source: IndexBox Market Intelligence Platform

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