Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Chile - 2023

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $4,285 per ton in 2022, declining by -19.9% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 an increase of 51%. Over the period under review, average import prices reached the maximum at $9,271 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Spain ($13,872 per ton), while the price for Belgium ($2,910 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Chile

In 2022, the amount of alcohols; aromatic and derivatives, other than benzyl alcohol imported into Chile soared to 65 tons, with an increase of 51% on 2021 figures. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 238%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol soared to $279K in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 212% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A65.993.842.3%
China42.660.735.873.820.1%
Germany1.92.758.968.3230.0%
United States6.02.14.324.058.7%
Spain6.96.219.012.521.9%
IndiaN/A0.539.2N/A7740.0%
Others2.62.08.67.039.1%
Total60.074.223227966.9%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Chile in 2022:

  1. Belgium (32.2 tons)
  2. Germany (18.0 tons)
  3. China (11.6 tons)
  4. United States (2.2 tons)
  5. Spain (0.9 tons)

Source: IndexBox Market Intelligence Platform

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