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

Contents:

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

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

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $19,290 per ton in 2022, picking up by 4.8% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 26%. Over the period under review, average import prices reached the maximum at $42,432 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($61,942 per ton), while the price for Germany ($16,899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+78.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $26,691 per ton, reducing by -32.6% against the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 67%. The export price peaked at $43,075 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Bosnia and Herzegovina ($36,460 per ton), while the average price for exports to Montenegro stood at $17,879 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+11.9%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -53.6% to 16 tons in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of 34 tons, and then declined remarkably in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped notably to $300K in 2022. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $619K, and then dropped remarkably in the following year.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany259287534165-14.0%
India84.310152.866.5-7.6%
Italy2.51.50.933.7138.0%
China49.348.024.026.7-18.5%
Others5.110.47.18.116.7%
Total400449619300-9.1%

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

  1. Germany (9.8 tons)
  2. India (3.6 tons)
  3. China (1.5 tons)
  4. Italy (0.5 tons)

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

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol exported from Serbia soared to 816 kg, picking up by 199% against the previous year's figure. Overall, exports saw a buoyant 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 surged to $22K in 2022. In general, exports, however, saw a relatively flat trend pattern.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina5.57.86.314.136.9%
Montenegro4.44.44.57.720.5%
North Macedonia12.09.8N/AN/A-18.3%
OthersN/AN/AN/AN/A0%
Total21.821.910.821.80.0%

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

  1. Montenegro (429.0 kg)
  2. Bosnia and Herzegovina (387.0 kg)

Source: IndexBox Market Intelligence Platform

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