Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $8,423 per ton in 2022, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 15%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,269 per ton), while the price for India ($5,311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (FOB) - 2022
In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $13,951 per ton, remaining stable against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 57% against the previous year. Over the period under review, the average export prices reached the maximum at $25,142 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($86,298 per ton), while the average price for exports to Bolivia ($2,795 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 Paraguay (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina
In 2022, purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -22.4% to 146 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 202 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol fell to $1.2M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17%.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 638 | 527 | 671 | 604 | -1.8% |
| United States | 109 | 228 | 186 | 284 | 37.6% |
| India | 96.0 | 169 | 159 | 109 | 4.3% |
| Others | 255 | 366 | 363 | 230 | -3.4% |
| Total | 1,098 | 1,290 | 1,380 | 1,227 | 3.8% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Argentina in 2022:
- China (83.1 tons)
- United States (39.4 tons)
- India (20.6 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina
In 2022, exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Argentina skyrocketed to 2.5 tons, picking up by 786% against the previous year's figure. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 7,614% against the previous year. As a result, the exports reached the peak of 4.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $35K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,325%. As a result, the exports attained the peak of $65K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.8 | 61.0 | 3.6 | 29.3 | 232.1% |
| Uruguay | 0.2 | 3.5 | 0.3 | 4.1 | 173.7% |
| Bolivia | N/A | 0.5 | N/A | 0.5 | 0.0% |
| Others | 0.1 | 0.2 | 0.1 | 0.8 | 100.0% |
| Total | 1.0 | 65.3 | 3.9 | 34.6 | 225.9% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Argentina in 2022:
- Brazil (2215.0 kg)
- Bolivia (171.0 kg)
- Uruguay (47.0 kg)
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This report provides an in-depth analysis of the aromatic alcohols market in Argentina.
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This report provides an in-depth analysis of the aromatic alcohols market in Argentina.
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