Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark (CIF) - 2023
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark (CIF) - 2023

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $25,071 per ton in October 2023, shrinking by -3.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 63% against the previous month. As a result, import price reached the peak level of $41,313 per ton. From September 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Ireland ($30,263 per ton), while the price for Germany ($24,223 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 Ireland (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $17,651 per ton, reducing by -41.4% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $79,822 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($68,276 per ton), while the average price for exports to Iceland ($11,441 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 Poland (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark

In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol was finally on the rise to reach 39 tons after two years of decline. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol soared to $982K in 2022. Overall, imports, however, recorded a abrupt decrease.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Denmark in 2022:

1. Germany (19.6 tons)
2. France (18.1 tons)
3. India (0.2 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, which increased by 344% to 4.5 tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $79K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 333%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Denmark in 2022:

1. Iceland (3376.0 kg)
2. Norway (518.0 kg)
3. United Kingdom (415.0 kg)
4. Finland (171.0 kg)

Source: IndexBox Market Intelligence Platform