Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belgium - 2023

Contents:

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

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belgium (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $31,048 per ton, reducing by -8.5% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses increased by +23.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 35%. As a result, import price attained the peak level of $33,925 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($120,183 per ton), while the price for China ($8,651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belgium (FOB) - 2023

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $24,624 per ton in October 2023, which is down by -22.8% against the previous month. Over the period under review, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in May 2023 an increase of 348% against the previous month. As a result, the export price reached the peak level of $171K per ton. From June 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was the United States ($290K per ton), while the average price for exports to Serbia amounted to $20,348 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belgium

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Belgium shrank significantly to 588 tons, which is down by -43.8% on the previous year. Over the period under review, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of 1K tons, and then shrank notably in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses shrank dramatically to $18M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports attained the peak of $35M, and then dropped sharply in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Belgium in 2022:

1. Germany (451.9 tons)
2. China (83.4 tons)
3. Netherlands (39.0 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belgium

Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Belgium fell notably to 123 tons in 2022, reducing by -17.3% against 2021. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 82%. As a result, the exports reached the peak of 149 tons, and then dropped dramatically in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses dropped dramatically to $1.9M in 2022. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. As a result, the exports attained the peak of $2.3M, and then fell sharply in the following year.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Belgium in 2022:

1. Netherlands (59.0 tons)
2. France (16.1 tons)
3. Brazil (12.0 tons)
4. Italy (11.3 tons)
5. Greece (6.4 tons)
6. Romania (4.3 tons)
7. Germany (3.9 tons)
8. United Kingdom (2.8 tons)

Source: IndexBox Market Intelligence Platform