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

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Tanzania (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Tanzania

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,330 per ton, rising by 47% against the previous year. Overall, the import price recorded a perceptible increase. The pace of growth was the most pronounced in 2019 an increase of 69%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 ($4,002 per ton), while the price for India totaled $2,037 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Tanzania recorded growth in purchases abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which increased by 208% to 2 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $6.5K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3725616514,866135.6%
India33.096.02491,475254.9%
United Arab Emirates112181265N/A53.8%
Others1602182731620.4%
Total6771,0561,4386,503112.6%

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

  1. China (1216.0 kg)
  2. India (724.0 kg)

Source: IndexBox Market Intelligence Platform

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