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

Contents:

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

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

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,182 per ton in 2022, which is down by -9.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, average import prices attained the maximum at $2,732 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($2,451 per ton) and Italy ($2,450 per ton), while the price for India ($1,790 per ton) and Germany ($1,968 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,473 per ton in 2022, which is down by -11.2% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $5,141 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +0.6% per year.

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

After three years of growth, supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -3.8% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 9.5% against the previous year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell to $2.3M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports reached the peak of $2.7M, and then reduced in the following year.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8227941,4321,10810.5%
Germany34551958464323.1%
India374401271223-15.8%
Italy11013110919521.0%
Netherlands2.75.09.3135268.4%
Others96.814024918.8-42.1%
Total1,7511,9902,6552,3229.9%

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

  1. China (475.4 tons)
  2. Germany (326.9 tons)
  3. India (124.5 tons)
  4. Italy (79.5 tons)
  5. Netherlands (55.0 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -6.5% to 30 tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted notably to $74K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $89K, and then declined remarkably in the following year.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus36.138.860.773.927.0%
Kazakhstan4.16.0N/AN/A46.3%
Ukraine0.611.526.2N/A560.8%
Others0.22.52.1N/A224.0%
Total41.058.889.073.921.7%

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

  1. Belarus (29.9 tons)

Source: IndexBox Market Intelligence Platform

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