Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (CIF) - 2022

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $4,225 per ton, rising by 25% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($6,499 per ton), while the price for India ($2,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $4,487 per ton in 2022, increasing by 7.3% against the previous year. Overall, the export price, however, faced a abrupt curtailment. Over the period under review, the average export prices hit record highs at $13,321 per ton in 2013; however, from 2014 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 the Netherlands ($4,507 per ton), while the average price for exports to Spain amounted to $2,998 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland

In 2022, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -31.4% to 252 tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 170%. As a result, imports attained the peak of 546 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses contracted to $1.1M in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4041,36062969719.9%
Netherlands33.868.621215766.9%
Denmark1.913823.486.9257.6%
Norway13.813.214.343.046.1%
LithuaniaN/AN/AN/A34.90%
India66.529.173.114.4-39.9%
Belgium1182281691.4-77.2%
Others12919112630.4-38.2%
Total7672,0291,2461,06511.6%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Finland in 2022:

  1. Germany (160.8 tons)
  2. Netherlands (49.5 tons)
  3. Denmark (13.4 tons)
  4. Norway (10.1 tons)
  5. Lithuania (9.9 tons)
  6. India (7.0 tons)
  7. Belgium (0.5 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland

For the fourth year in a row, Finland recorded growth in overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, which increased by 3.9% to 152 tons in 2022. The total export volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses rose markedly to $682K in 2022. The total export value increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands47456957867312.4%
SpainN/AN/AN/A7.50%
Others1.42.034.31.3-2.4%
Total47557161268212.8%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Finland in 2022:

  1. Netherlands (149.4 tons)
  2. Spain (2.5 tons)

Source: IndexBox Market Intelligence Platform

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