Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK (CIF) - 2023
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK (CIF) - 2023
In November 2023, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $19,329 per ton, declining by -21.1% against the previous month. In general, the import price showed a noticeable slump. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 252% against the previous month. Over the period under review, average import prices reached the maximum at $69,879 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($27,960 per ton), while the price for India ($3,949 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $12,106 per ton in 2022, reducing by -51.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 208%. As a result, the export price attained the peak level of $67,202 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($14,469 per ton), while the average price for exports to France ($3,559 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 India (+7.9%), 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 UK
For the third year in a row, the UK recorded decline in overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol, which decreased by -18.8% to 994 tons in 2022. Over the period under review, imports showed a abrupt descent. The smallest decline of -0.6% was in 2021.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol rose slightly to $25M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, imports reached the peak of $31M. 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 the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.4 | 27.4 | 19.0 | 22.4 | 11.0% |
Germany | 3.2 | 1.1 | 1.7 | 0.9 | -34.5% |
India | 2.3 | 1.5 | 2.0 | 0.6 | -36.1% |
Switzerland | N/A | 0.2 | 0.6 | 0.4 | 41.4% |
Others | 1.9 | 0.7 | 0.6 | 0.4 | -40.5% |
Total | 23.8 | 30.9 | 23.8 | 24.9 | 1.5% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to the UK in 2022:
- China (800.0 tons)
- India (119.9 tons)
- Germany (35.3 tons)
- Switzerland (18.2 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK
In 2022, after two years of decline, there was significant growth in overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol, when their volume increased by 97% to 162 tons. Over the period under review, exports, however, faced a dramatic contraction.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol declined modestly to $2M in 2022. Overall, exports, however, faced a deep setback.
Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 29.4 | 77.5 | 15.2 | 1,135 | 238.0% |
Switzerland | 232 | 121 | 106 | 137 | -16.1% |
Hungary | 10.6 | 11.3 | 5.3 | 102 | 112.7% |
Germany | 649 | 192 | 130 | 83.3 | -49.6% |
France | 1,778 | 69.7 | 85.8 | 62.1 | -67.3% |
Netherlands | 6.0 | 39.5 | 45.0 | 56.0 | 110.5% |
Spain | 243 | 64.0 | 44.0 | 28.8 | -50.9% |
Japan | N/A | 1,743 | 1,137 | 4.6 | -94.9% |
Others | 627 | 253 | 469 | 347 | -17.9% |
Total | 3,575 | 2,571 | 2,037 | 1,956 | -18.2% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from the UK in 2022:
- Italy (88.7 tons)
- France (17.5 tons)
- Hungary (10.8 tons)
- Switzerland (9.5 tons)
- Netherlands (8.8 tons)
- Germany (7.6 tons)
- Spain (6.1 tons)
- Japan (0.1 tons)
This report provides an in-depth analysis of the aromatic alcohols market in the UK.
This report provides an in-depth analysis of the alcohols market in the UK.
This report provides an in-depth analysis of the global aromatic alcohols market.
This report provides an in-depth analysis of the global alcohols market.
This report provides an in-depth analysis of the aromatic alcohols market in the UK.
This report provides an in-depth analysis of the global aromatic alcohols market.
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