Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Russia - 2022

Contents:

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

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

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $38,609 per ton in 2022, rising by 130% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2015 an increase of 204% against the previous year. Over the period under review, average import prices hit record highs at $113,055 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($138,172 per ton), while the price for Belarus ($3,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.8%), 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 Russia (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $77,531 per ton, rising by 2.4% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses increased by +54.2% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 78% against the previous year. Over the period under review, the average export prices attained the peak figure at $91,169 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($161,657 per ton), while the average price for exports to Ukraine ($54,073 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 Uzbekistan (+255.8%), 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 Russia

In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, when their volume decreased by -59% to 27 tons. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 242% against the previous year. As a result, imports attained the peak of 66 tons, and then declined sharply in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced to $1M in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year.

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

1. Belarus (6.0 tons)
2. China (4.2 tons)
3. Ireland (1.4 tons)
4. United States (1.1 tons)
5. South Korea (0.5 tons)
6. India (0.4 tons)
7. United Kingdom (0.3 tons)
8. Japan (0.2 tons)

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

Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Russia fell sharply to 4 kg in 2022, with a decrease of -42.9% compared with the previous year. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 250%. As a result, the exports attained the peak of 7 kg, and then fell significantly in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses shrank dramatically to $334 in 2022. In general, exports, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 245%. As a result, the exports attained the peak of $517, and then dropped dramatically in the following year.

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

1. Ukraine (2.0 kg)
2. Belarus (1.0 kg)

Source: IndexBox Market Intelligence Platform