Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $18,001 per ton, declining by -9.5% against the previous year. In general, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2018 an increase of 52%. As a result, import price attained the peak level of $29,740 per ton. From 2019 to 2022, the average import prices remained 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 Singapore ($27,066 per ton), while the price for China ($14,650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+24.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $2,667 per ton in 2022, shrinking by -6.2% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices hit record highs at $13,624 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -15.0% per year.

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

After three years of growth, supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -26.3% to 27 tons in 2022. Over the period under review, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank notably to $494K in 2022. Overall, imports saw a deep downturn. The smallest decline of -1.9% was in 2021.

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

1. India (23.4 tons)
2. China (3.0 tons)
3. Singapore (1.0 tons)

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

In 2022, approx. 21 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were exported from Sri Lanka; surging by 11% on the previous year's figure. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded modestly to $56 in 2022. In general, exports, however, showed a perceptible contraction.

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

1. Maldives (21.0 kg)

Source: IndexBox Market Intelligence Platform