Price for Alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositols in the United States - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $53,727 per ton in 2022, which is down by -13.8% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2021 an increase of 101% against the previous year. As a result, import price reached the peak level of $62,335 per ton, and then contracted in the following year.
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 Ireland ($227,269 per ton), while the price for South Korea ($19,714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+31.3%), 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 United States (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $14,622 per ton, picking up by 4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 8.3%. Over the period under review, the average export prices attained the peak figure at $16,753 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($18,690 per ton), while the average price for exports to China ($10,265 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 Spain (+2.8%), 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 the United States
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses imported into the United States soared to 1.9K tons, increasing by 53% compared with the previous year's figure. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $100M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 248%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 31.2 | 30.5 | -2.2% |
| Ireland | 2.1 | 7.9 | 23.5 | 23.9 | 124.9% |
| China | 6.0 | 5.5 | 8.6 | 19.3 | 47.6% |
| Italy | 2.5 | 0.5 | 0.3 | 12.9 | 72.8% |
| India | 1.2 | 0.8 | 4.1 | 5.3 | 64.1% |
| Japan | 3.9 | 2.8 | 3.7 | 3.0 | -8.4% |
| Netherlands | 1.8 | 2.0 | 1.6 | 1.9 | 1.8% |
| Finland | 0.9 | 0.8 | 1.1 | 0.9 | 0.0% |
| South Korea | N/A | 0.1 | 0.3 | 0.8 | 182.8% |
| Spain | 0.5 | 0.7 | 0.8 | 0.7 | 11.9% |
| Others | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Total | 19.3 | 21.7 | 75.5 | 99.5 | 72.8% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to the United States in 2022:
- China (899.7 tons)
- Italy (425.2 tons)
- Germany (166.9 tons)
- Ireland (105.2 tons)
- India (98.9 tons)
- South Korea (42.1 tons)
- Spain (29.1 tons)
- Japan (27.2 tons)
- Finland (25.2 tons)
- Netherlands (21.4 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States
In 2022, approx. 4.6K tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were exported from the United States; which is down by -20.9% on 2021. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 58% against the previous year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses declined significantly to $68M in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.6 | 19.4 | 21.0 | 19.2 | -17.0% |
| China | 25.7 | 7.2 | 16.7 | 15.3 | -15.9% |
| Australia | 5.4 | 7.0 | 5.8 | 8.4 | 15.9% |
| Spain | 5.9 | 6.6 | 12.0 | 6.3 | 2.2% |
| Finland | 12.2 | 4.0 | 5.4 | 3.8 | -32.2% |
| India | 3.3 | 2.9 | 3.5 | 1.9 | -16.8% |
| Japan | 4.8 | 1.1 | 2.1 | 1.8 | -27.9% |
| Others | 9.1 | 13.0 | 15.9 | 11.0 | 6.5% |
| Total | 100 | 61.1 | 82.3 | 67.7 | -12.2% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from the United States in 2022:
- China (1489.6 tons)
- Germany (1242.2 tons)
- Australia (791.7 tons)
- Spain (404.4 tons)
- Finland (255.7 tons)
- India (109.7 tons)
- Japan (97.7 tons)
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