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

Contents:

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

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Netherlands (CIF) - 2023

In October 2023, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $5,074 per ton, with a decrease of -13.6% against the previous month. Over the period under review, the import price showed a mild contraction. The pace of growth was the most pronounced in January 2023 an increase of 29% month-to-month. Over the period under review, average import prices attained the peak figure at $6,823 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($8,619 per ton), while the price for India ($3,409 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Netherlands (FOB) - 2022

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $5,113 per ton in 2022, reducing by -10.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 53%. As a result, the export price attained the peak level of $6,827 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($9,737 per ton), while the average price for exports to Italy ($3,649 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 Malaysia (+26.4%), 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 the Netherlands

In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -0.1% to 1.1K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. As a result, imports attained the peak of 1.1K tons; afterwards, it flattened through to 2022.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank modestly to $5.5M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,2393,7183,4123,4462.1%
Singapore13.513.828.5934310.5%
United States8141,1841,059445-18.2%
Germany14318936938138.6%
India65.213913928.9-23.8%
Others13089.065223822.3%
Total4,4055,3325,6595,4737.5%

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

  1. China (668.2 tons)
  2. Singapore (252.7 tons)
  3. United States (97.9 tons)
  4. Germany (29.8 tons)
  5. India (7.4 tons)

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

In 2022, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -45.1% to 293 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 657 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced dramatically to $1.5M in 2022. Overall, exports recorded a sharp descent. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of $4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6741,640818607-28.7%
Turkey256124158221-4.8%
Switzerland12720329121018.3%
France524900497186-29.2%
Italy10342720093.1-3.3%
United Kingdom56.148.55.061.33.0%
Malaysia34.15.077.836.11.9%
Spain3873752170.1-93.6%
Others11123479585.7-8.3%
Total3,2733,9573,0581,501-22.9%

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

  1. Germany (134.4 tons)
  2. Turkey (47.8 tons)
  3. Switzerland (31.9 tons)
  4. France (31.8 tons)
  5. Italy (25.5 tons)
  6. United Kingdom (7.8 tons)
  7. Malaysia (7.0 tons)

Source: IndexBox Market Intelligence Platform

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