Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United Arab Emirates - 2022

Contents:

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

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $18,481 per ton, declining by -10% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices attained the maximum at $38,587 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($24,747 per ton), while the price for Germany ($17,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+57.6%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United Arab Emirates (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $8,342 per ton in 2022, with a decrease of -7.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 356%. Over the period under review, the average export prices hit record highs at $22,656 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +19.2% per year.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United Arab Emirates

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into the United Arab Emirates soared to 101 tons in 2022, jumping by 27% on the year before. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 171%. As a result, imports reached the peak of 123 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $1.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 87%. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to the United Arab Emirates in 2022:

1. Germany (95.8 tons)
2. Turkey (4.4 tons)
3. Spain (0.8 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United Arab Emirates

Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from the United Arab Emirates soared to 30 tons in 2022, with an increase of 314% against 2021 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,103% against the previous year. As a result, the exports attained the peak of 44 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $254K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,745% against the previous year. As a result, the exports reached the peak of $442K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from the United Arab Emirates in 2022:

1. Hungary (30.4 tons)

Source: IndexBox Market Intelligence Platform