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

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $42,000 per ton in 2022, reducing by -53.5% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 249%. Over the period under review, average import prices hit record highs at $121,200 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($66,000 per ton), while the price for Belgium ($16,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.9%), while the prices for the other major suppliers experienced a decline.

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

For the third consecutive year, Estonia recorded decline in purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol, which decreased by -33.3% to 4 kg in 2022. Over the period under review, imports recorded a significant decrease. The smallest decline of -14.3% was in 2021.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced sharply to $168 in 2022. In general, imports showed a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 199% against the previous year.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A59.066.011.9%
Germany273N/A21061.0-39.3%
United States16.0N/A19325.016.0%
BelgiumN/AN/A20.016.0-20.0%
China21813828.0N/A-64.2%
United Kingdom48.043.0N/AN/A-10.4%
IndiaN/AN/A32.0N/A0%
OthersN/AN/AN/AN/A0%
Total555181542168-32.9%

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

  1. United States (1.0 kg)
  2. Switzerland (1.0 kg)
  3. Germany (1.0 kg)
  4. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform

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