Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (CIF) - 2023
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (CIF) - 2023
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $8,628 per ton in December 2023, waning by -30.4% against the previous month. In general, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $12,399 per ton, and then shrank sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($19,240 per ton), while the price for Germany ($7,185 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $13,971 per ton, picking up by 27% against the previous year. In general, the export price, however, recorded a pronounced slump. The export price peaked at $18,054 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($22,416 per ton), while the average price for exports to Germany ($6,804 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 India (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States
In 2022, purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -3.4% to 8K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.2% 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 with an increase of 37% against the previous year. As a result, imports reached the peak of 10K 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 totaled $86M in 2022. Overall, imports continue to indicate a abrupt decline.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 34.0 | 44.3 | 36.2 | 46.0 | 10.6% |
| India | 58.3 | 46.3 | 30.6 | 28.6 | -21.1% |
| Japan | 10.6 | 10.1 | 4.4 | 5.9 | -17.7% |
| Singapore | 7.8 | 6.4 | 3.9 | 2.0 | -36.5% |
| Malaysia | 4.7 | 3.2 | 0.6 | 1.8 | -27.4% |
| Austria | N/A | 2.1 | 7.6 | 0.9 | -34.5% |
| Others | 2.1 | 3.3 | 1.3 | 0.6 | -34.1% |
| Total | 118 | 116 | 84.7 | 85.9 | -10.0% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to the United States in 2022:
- Germany (5.6K tons)
- India (1.6K tons)
- Japan (0.3K tons)
- Singapore (0.1K tons)
- Malaysia (0.1K tons)
- Austria (0.1K tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States
After three years of growth, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -33.1% to 2.1K tons in 2022. Overall, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 65%.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol fell markedly to $29M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, the exports attained the peak of $34M, and then fell notably in the following year.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.2 | 4.6 | 5.4 | 8.6 | 250.3% |
| Mexico | 6.2 | 3.0 | 4.8 | 5.4 | -4.5% |
| India | 0.5 | 0.3 | 5.9 | 4.7 | 111.0% |
| Singapore | 0.2 | 4.8 | 6.5 | 4.5 | 182.3% |
| Canada | 3.1 | 2.9 | 1.9 | 2.0 | -13.6% |
| Indonesia | 0.1 | N/A | 0.1 | 0.7 | 91.3% |
| Germany | 5.3 | 5.8 | 7.6 | 0.7 | -49.1% |
| Others | 2.6 | 2.3 | 2.1 | 2.5 | -1.3% |
| Total | 18.0 | 23.8 | 34.4 | 29.1 | 17.4% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from the United States in 2022:
- Brazil (637.1 tons)
- Singapore (354.3 tons)
- India (351.8 tons)
- Mexico (342.1 tons)
- Germany (98.0 tons)
- Canada (91.4 tons)
- Indonesia (47.7 tons)
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