Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $22,765 per ton in 2022, growing by 44% against the previous year. In general, the import price enjoyed slight growth. As a result, import price attained the peak level and is likely to continue 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 ($34,387 per ton), while the price for Singapore ($6,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $38,660 per ton in 2022, increasing by 30% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 an increase of 158%. As a result, the export price reached the peak level of $81,567 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($55,177 per ton), while the average price for exports to Singapore ($3,127 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 China (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia
In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -38.4% to 25 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank to $578K in 2022. Over the period under review, total imports indicated a resilient 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, imports increased by +49.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 48%.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 210 | 280 | 323 | 395 | 23.4% |
| India | 80.1 | 89.5 | 178 | 110 | 11.2% |
| Singapore | N/A | 4.9 | 11.9 | 19.1 | 97.4% |
| Germany | 24.0 | 172 | 94.0 | 14.7 | -15.1% |
| Spain | 3.8 | 7.9 | 10.8 | 5.3 | 11.7% |
| Others | 69.2 | 18.3 | 34.4 | 34.1 | -21.0% |
| Total | 388 | 572 | 653 | 578 | 14.2% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Australia in 2022:
- China (11.5 tons)
- India (8.0 tons)
- Singapore (3.2 tons)
- Germany (1.6 tons)
- Spain (0.8 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia
In 2022, approx. 3.3 tons of alcohols; aromatic and derivatives, other than benzyl alcohol were exported from Australia; therefore, remained relatively stable against 2021 figures. In general, exports faced a sharp setback.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $129K in 2022. Over the period under review, exports showed a noticeable decrease.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 77.4 | 88.9 | 84.0 | 91.2 | 5.6% |
| New Zealand | 26.6 | 5.8 | 3.2 | 28.7 | 2.6% |
| Fiji | N/A | N/A | N/A | 4.8 | 0% |
| New Caledonia | 3.4 | 3.6 | 9.0 | 4.3 | 8.1% |
| Singapore | N/A | N/A | 3.4 | 0.2 | -94.1% |
| Thailand | 7.5 | N/A | N/A | N/A | 0% |
| China | 29.6 | 24.0 | N/A | N/A | -18.9% |
| Indonesia | N/A | 25.8 | N/A | N/A | 0% |
| Others | 0.1 | 9.1 | N/A | N/A | 9000.0% |
| Total | 145 | 157 | 99.6 | 129 | -3.8% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Australia in 2022:
- Sweden (1652.0 kg)
- New Zealand (1139.0 kg)
- New Caledonia (278.0 kg)
- Fiji (207.0 kg)
- Singapore (63.0 kg)
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