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

Contents:

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

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

In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $83,500 per ton, reducing by -73.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 345% against the previous year. The export price peaked at $318,026 per ton in 2021, and then fell notably in the following year.

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 Latvia ($1,399,471 per ton), while the average price for exports to Germany ($7,057 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 United States (+68.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $15,139 per ton in 2022, approximately reflecting the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 137%. As a result, import price reached the peak level of $21,071 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($27,516 per ton), while the price for India ($6,287 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+29.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol increased by 439% to 1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol skyrocketed to $85K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 109% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.524.644.450.1123.3%
Latvia17.025.38.723.811.9%
Georgia1.91.92.14.028.2%
HungaryN/AN/AN/A2.30%
GermanyN/AN/AN/A2.10%
India2.31.12.6N/A6.3%
Others3.37.82.42.8-5.3%
Total29.160.760.185.143.0%

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

  1. Hungary (319.0 kg)
  2. Germany (299.0 kg)
  3. United States (229.0 kg)
  4. Georgia (144.0 kg)
  5. Latvia (17.0 kg)

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

After three years of growth, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -11.6% to 5.5 tons in 2022. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol fell to $83K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 85%.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.834.343.159.149.2%
India11.818.615.514.16.1%
United StatesN/A1.66.26.8106.2%
Hong Kong SAR1.125.927.1N/A396.4%
Others14.83.71.52.6-44.0%
Total45.684.193.482.621.9%

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

  1. India (2.2 tons)
  2. China (2.1 tons)
  3. United States (0.9 tons)

Source: IndexBox Market Intelligence Platform

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