Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $7,448 per ton, surging by 24% against the previous year. Overall, the import price, however, recorded a abrupt descent. Over the period under review, average import prices reached the peak figure at $22,701 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 China ($16,398 per ton), while the price for Germany ($1,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $9,944 per ton in 2022, surging by 96% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The export price peaked at $15,839 per ton in 2012; however, from 2013 to 2022, the 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 Germany ($21,186 per ton), while the average price for exports to Russia ($4,212 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 the UK (+8.2%), 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 Italy
In 2022, the amount of alcohols; aromatic and derivatives, other than benzyl alcohol imported into Italy reduced dramatically to 672 tons, declining by -25.9% against the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 906 tons, and then contracted notably in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped to $5M in 2022. Over the period under review, imports recorded a deep downturn.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,768 | 3,113 | 2,452 | 1,979 | -10.6% |
| China | 1,058 | 854 | 556 | 754 | -10.7% |
| Germany | 896 | 647 | 1,143 | 602 | -12.4% |
| France | 680 | 697 | 173 | 592 | -4.5% |
| Spain | 518 | 558 | 790 | 547 | 1.8% |
| Netherlands | 243 | 240 | 227 | 493 | 26.6% |
| United States | 1,045 | N/A | 4.2 | 3.4 | -85.2% |
| Others | 100 | 236 | 105 | 32.7 | -31.1% |
| Total | 7,308 | 6,345 | 5,450 | 5,003 | -11.9% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Italy in 2022:
- Germany (303.4 tons)
- India (139.9 tons)
- Spain (74.2 tons)
- Netherlands (54.1 tons)
- France (49.9 tons)
- China (46.0 tons)
- United States (0.1 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy
After three years of growth, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -47.6% to 37 tons in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 246% against the previous year. As a result, the exports attained the peak of 71 tons, and then declined remarkably in the following year.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol totaled $369K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 119%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.4 | 49.4 | 37.2 | 93.9 | 123.6% |
| Egypt | N/A | N/A | N/A | 90.4 | 0% |
| France | 35.9 | 29.2 | 43.2 | 75.5 | 28.1% |
| United Kingdom | 2.1 | 5.2 | 10.2 | 33.9 | 152.7% |
| Russia | N/A | N/A | 10.9 | 30.3 | 178.0% |
| Canada | N/A | N/A | N/A | 13.7 | 0% |
| Spain | 51.3 | 7.0 | 135 | 2.3 | -64.5% |
| Tunisia | 20.6 | N/A | N/A | N/A | 0% |
| Others | 25.0 | 73.3 | 123 | 29.3 | 5.4% |
| Total | 143 | 164 | 360 | 369 | 37.2% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Italy in 2022:
- Egypt (12.2 tons)
- France (8.8 tons)
- Russia (7.2 tons)
- Germany (4.4 tons)
- United Kingdom (1.6 tons)
- Canada (1.4 tons)
- Spain (0.2 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Italy.
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This report provides an in-depth analysis of the aromatic alcohols market in Italy.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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