Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (FOB) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (CIF) - 2022
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $39,549 per ton, picking up by 2.1% against the previous year. Over the period under review, the export price recorded perceptible growth. The pace of growth was the most pronounced in 2020 an increase of 146% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($164,423 per ton), while the average price for exports to Chile ($3,862 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 Finland (-1.6%), while the prices for the other major destinations experienced a decline.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $21,849 per ton in 2022, shrinking by -23.1% against the previous year. Overall, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $37,948 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($37,502 per ton), while the price for India ($18,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium
In 2022, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were finally on the rise to reach 15 tons after two years of decline. Over the period under review, exports, however, recorded a precipitous decline.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $593K in 2022. Overall, exports saw a relatively flat trend pattern.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 1.7 | 21.4 | 446 | 553.2% |
| Cameroon | N/A | N/A | 16.3 | 46.9 | 187.7% |
| Netherlands | 55.2 | 43.2 | 16.9 | 23.3 | -25.0% |
| Ghana | 2.4 | N/A | 22.7 | 19.2 | 100.0% |
| United Kingdom | N/A | N/A | N/A | 19.1 | 0% |
| Finland | 0.1 | N/A | 21.7 | 9.1 | 349.8% |
| Chile | N/A | N/A | 0.1 | 5.4 | 5300.0% |
| Poland | N/A | 338 | 124 | 0.6 | -95.8% |
| France | 444 | 408 | 0.6 | 0.6 | -88.9% |
| Luxembourg | 33.7 | N/A | N/A | 0.2 | -81.9% |
| Cote d'Ivoire | N/A | 39.3 | N/A | N/A | 0% |
| Others | 45.6 | 62.4 | 42.8 | 22.4 | -21.1% |
| Total | 583 | 892 | 266 | 593 | 0.6% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Belgium in 2022:
- United Kingdom (3.6 tons)
- United States (2.7 tons)
- Cameroon (2.7 tons)
- Netherlands (1.9 tons)
- Chile (1.4 tons)
- Ghana (1.3 tons)
- Finland (0.5 tons)
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium
In 2022, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -9.5% to 16 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 31 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol contracted notably to $354K in 2022. Overall, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of $989K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 47.6 | 1.7 | 104 | 116 | 34.6% |
| Netherlands | 272 | 157 | 201 | 76.4 | -34.5% |
| Germany | 62.9 | 66.4 | 99.4 | 68.6 | 2.9% |
| China | 66.8 | 64.8 | N/A | 67.2 | 0.2% |
| France | 11.1 | 19.8 | 15.6 | 8.9 | -7.1% |
| United Kingdom | 325 | 410 | 0.3 | 1.8 | -82.3% |
| United States | 2.5 | 255 | 84.7 | N/A | 482.1% |
| Others | 1.6 | 14.3 | 3.8 | 15.2 | 111.8% |
| Total | 789 | 989 | 509 | 354 | -23.4% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Belgium in 2022:
- India (6.4 tons)
- Netherlands (3.6 tons)
- China (3.0 tons)
- Germany (2.7 tons)
- France (0.3 tons)
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