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

Contents:

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

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

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $5,221 per ton in 2022, declining by -26.3% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $16,784 per ton in 2014; however, from 2015 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 the Netherlands ($6,906 per ton), while the price for Germany ($2,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $14,705 per ton, surging by 6.1% against the previous year. In general, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2013 an increase of 241% against the previous year. The export price peaked at $130,400 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +4.7% per year.

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

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Norway skyrocketed to 150 tons, picking up by 213% compared with the year before. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $784K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.068.156.8696170.9%
Netherlands15.729.381.221.911.7%
Germany1568.32.40.1-91.4%
United Kingdom22.017.95.7N/A-49.1%
Others20.324.319366.048.1%
Total24914833978446.6%

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

  1. China (144.5 tons)
  2. Netherlands (3.2 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, when their volume decreased by -21.5% to 157 kg. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 270% against the previous year. As a result, the exports reached the peak of 200 kg, and then contracted sharply in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced dramatically to $2.3K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, the exports attained the peak of $2.8K, and then shrank dramatically in the following year.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.51.80.12.111.9%
NetherlandsN/AN/A1.3N/A0%
OthersN/AN/A1.40.2-85.7%
Total1.51.82.82.315.3%

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

  1. Sweden (59.0 kg)

Source: IndexBox Market Intelligence Platform

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