Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (CIF) - 2023
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (CIF) - 2023
In October 2023, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $4,821 per ton, rising by 64% against the previous month. Overall, the import price enjoyed slight growth. The growth pace was the most rapid in February 2023 an increase of 301% month-to-month. As a result, import price attained the peak level of $19,952 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($226K per ton), while the price for Japan amounted to $4,425 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+54.1%).
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (FOB) - 2022
In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $10,149 per ton, waning by -18% against the previous year. Overall, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 56%. Over the period under review, the average export prices hit record highs at $14,960 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($816,000 per ton), while the average price for exports to the Netherlands ($2,885 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 Japan (+51.8%), 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 Belgium
In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -68.9% to 90 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 68%. As a result, imports attained the peak of 385 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped dramatically to $561K in 2022. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports reached the peak of $6.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 74.0 | 145 | 226 | 305 | 60.3% |
| United States | 70.9 | 162 | 315 | 122 | 19.8% |
| China | 5,771 | 5,865 | 5,755 | 57.5 | -78.5% |
| Germany | 94.9 | 110 | 180 | 36.9 | -27.0% |
| France | 4.6 | 7.2 | 7.3 | 22.7 | 70.3% |
| Netherlands | 12.8 | 210 | 53.0 | 2.7 | -40.5% |
| Others | 4.0 | 209 | 33.5 | 14.7 | 54.3% |
| Total | 6,032 | 6,709 | 6,570 | 561 | -54.7% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Belgium in 2022:
- Japan (66.3 tons)
- United States (9.9 tons)
- Germany (5.0 tons)
- France (4.9 tons)
- China (1.1 tons)
- Netherlands (0.9 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium
In 2022, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -64.4% to 12 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 247%. As a result, the exports attained the peak of 52 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced sharply to $119K in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 141%. As a result, the exports attained the peak of $413K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.0 | 26.0 | 49.7 | 19.6 | 14.7% |
| United States | 16.8 | 56.4 | 118 | 18.2 | 2.7% |
| Netherlands | 5.0 | 12.0 | 41.0 | 15.1 | 44.5% |
| Italy | 86.7 | 211 | 22.1 | 14.7 | -44.7% |
| France | 12.2 | 17.1 | 35.4 | 10.6 | -4.6% |
| United Kingdom | 2.4 | 12.6 | 1.3 | 4.6 | 24.2% |
| China | 9.5 | 9.5 | 9.6 | 1.7 | -43.6% |
| Others | 25.8 | 68.9 | 132 | 34.8 | 10.5% |
| Total | 171 | 413 | 409 | 119 | -11.4% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Belgium in 2022:
- Netherlands (5.2 tons)
- Italy (2.4 tons)
- United Kingdom (1.3 tons)
- United States (0.6 tons)
- Germany (0.4 tons)
- France (0.3 tons)
- China (0.2 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Belgium.
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This report provides an in-depth analysis of the aromatic alcohols market in Belgium.
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