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

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan (FOB) - 2023
  2. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan (CIF) - 2022
  3. Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan
  4. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan (FOB) - 2023

In November 2023, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $3,078 per ton, falling by -17.7% against the previous month. In general, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in April 2023 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $4,592 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In November 2023, the country with the highest price was Belgium ($3,842 per ton), while the average price for exports to China amounted to $2,945 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-0.3%).

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

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $15,355 per ton, declining by -7.6% against the previous year. Overall, the import price showed a slight descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $19,941 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,639 per ton), while the price for China ($14,204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan

In 2022, exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Japan fell dramatically to 3.4K tons, waning by -15.3% on 2021. Over the period under review, exports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports attained the peak of 4K tons, and then fell rapidly in the following year.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped to $16M in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.5%.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.213.713.510.4-7.6%
Belgium3.42.93.43.94.7%
Netherlands0.10.40.50.681.7%
Others2.40.80.81.0-25.3%
Total19.117.718.215.8-6.1%

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Japan in 2022:

  1. China (2379.8 tons)
  2. Belgium (904.3 tons)
  3. Netherlands (52.4 tons)

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

In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol was finally on the rise to reach 505 tons after two years of decline. In general, imports, however, showed a perceptible decline.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped slightly to $7.8M in 2022. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.1% against the previous year. As a result, imports reached the peak of $9.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.67.46.06.7-8.0%
United States0.10.10.10.226.0%
India0.20.20.10.20.0%
Others0.42.01.60.614.5%
Total9.39.88.07.8-5.7%

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

  1. China (473.3 tons)
  2. India (13.4 tons)
  3. United States (8.8 tons)

Source: IndexBox Market Intelligence Platform

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