Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Russia - 2022

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $5,975 per ton in 2022, increasing by 27% against the previous year. In general, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 56%. Over the period under review, average import prices hit record highs at $15,623 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($15,850 per ton), while the price for China ($4,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.2%), 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 Russia (FOB) - 2022

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $36,321 per ton in 2022, increasing by 2.4% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 93%. Over the period under review, the average export prices hit record highs at $75,882 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($51,808 per ton), while the average price for exports to Japan totaled $13,033 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+33.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol, when their volume decreased by -24.2% to 33 tons. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports attained the peak of 44 tons, and then contracted significantly in the following year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank to $199K in 2022. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 7.3%.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10898.567.21213.9%
India63.925.228.428.7-23.4%
Spain9.27.09.610.75.2%
Germany16.817.425.710.0-15.9%
United Kingdom1.48.92.74.345.4%
TurkeyN/AN/A54.3N/A0%
Others24.935.318.624.7-0.3%
Total224192206199-3.9%

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

  1. China (27.1 tons)
  2. India (4.1 tons)
  3. Germany (0.7 tons)
  4. Spain (0.7 tons)
  5. United Kingdom (0.6 tons)

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

In 2022, shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -32.7% to 686 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 3,800% against the previous year.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced markedly to $25K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 3,433% against the previous year.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A13.228.521.327.0%
JapanN/AN/A4.83.6-25.0%
ChinaN/AN/A1.5N/A0%
UkraineN/AN/AN/AN/A0%
Others0.40.41.4N/A87.1%
Total0.413.736.224.9296.3%

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

  1. United States (412.0 kg)
  2. Japan (274.0 kg)

Source: IndexBox Market Intelligence Platform

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