Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $12,612 per ton, dropping by -57.1% against the previous year. Overall, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 137% against the previous year. As a result, import price reached the peak level of $29,425 per ton, and then contracted significantly 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 ($49,341 per ton), while the price for China ($6,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), 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 the UK (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $28,850 per ton, with a decrease of -51.5% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. Over the period under review, the average export prices attained the maximum at $75,989 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,492,435 per ton), while the average price for exports to Finland ($7,917 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 the United States (+37.0%), 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 the UK
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses imported into the UK surged to 694 tons, jumping by 96% against 2021. Over the period under review, imports enjoyed a significant increase. 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 contracted notably to $8.8M in 2022. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 231% against the previous year. As a result, imports reached the peak of $10M, and then dropped dramatically in the following year.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 0.8 | 0.7 | 3.3 | 67.7% |
| United States | 0.3 | 0.3 | 6.4 | 1.9 | 85.0% |
| Spain | 3.7 | 0.6 | 2.0 | 1.4 | -27.7% |
| France | 0.1 | N/A | N/A | 0.8 | 100.0% |
| Ireland | N/A | N/A | N/A | 0.5 | 0% |
| Netherlands | 1.3 | 1.0 | 1.0 | 0.3 | -38.7% |
| Others | 0.4 | 0.3 | 0.3 | 0.7 | 20.5% |
| Total | 6.4 | 3.2 | 10.4 | 8.8 | 11.2% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to the UK in 2022:
- China (529.1 tons)
- Spain (52.3 tons)
- United States (38.2 tons)
- France (24.6 tons)
- Ireland (19.6 tons)
- Netherlands (9.8 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK
After three years of growth, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -3.2% to 63 tons in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. As a result, the exports attained the peak of 65 tons, and then dropped modestly in the following year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced rapidly to $1.8M in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of $3.8M, and then dropped rapidly in the following year.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 0.6 | 7.2 | N/A | 396 | 770.7% |
| Ireland | 114 | 251 | 1,260 | 373 | 48.5% |
| Netherlands | 34.4 | 9.8 | 449 | 79.9 | 32.4% |
| Italy | 455 | 419 | 52.1 | 20.5 | -64.4% |
| France | 277 | 413 | 328 | 16.0 | -61.3% |
| Germany | 133 | 33.8 | 9.3 | 6.3 | -63.8% |
| Others | 1,103 | 1,666 | 1,750 | 915 | -6.0% |
| Total | 2,117 | 2,799 | 3,849 | 1,807 | -5.1% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from the UK in 2022:
- Finland (50.0 tons)
- Ireland (4.0 tons)
- Netherlands (3.5 tons)
- France (1.7 tons)
- Italy (0.3 tons)
- Germany (0.3 tons)
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