Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,099 per ton, growing by 51% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.8% per year.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $29,831 per ton in 2022, waning by -8.9% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 62%. Over the period under review, the average export prices hit record highs at $32,737 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Free Zones.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +15.8% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay
For the fourth consecutive year, Uruguay recorded growth in overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which increased by 6.6% to 77 tons in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $240K in 2022. Over the period under review, imports showed significant growth. 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 Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.0 | 72.4 | 120 | 226 | 48.5% |
| Others | 10.6 | 35.0 | 29.4 | 14.5 | 11.0% |
| Total | 79.6 | 107 | 150 | 240 | 44.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Uruguay in 2022:
- China (76.4 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay
In 2022, after three years of growth, there was decline in shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by 0% to 236 kg. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 3.1%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reduced to $7K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 34%.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 4.7 | 6.4 | 7.7 | 7.0 | 14.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.7 | 6.4 | 7.7 | 7.0 | 14.2% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Uruguay in 2022:
- Free Zones (235.0 kg)
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