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

Contents:

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

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

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $9,272 per ton in 2022, which is down by -25.3% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 74% against the previous year. As a result, import price attained the peak level of $83,800 per ton. From 2016 to 2022, the average import prices remained at a 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 India ($19,698 per ton), while the price for Spain ($7,607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $16,320 per ton in 2022, dropping by -83.2% against the previous year. In general, the export price showed a mild shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 4,301%. As a result, the export price attained the peak level of $546,193 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 Yemen ($28,800 per ton), while the average price for exports to Italy amounted to $3,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+182.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Pakistan soared to 1.4K tons in 2022, jumping by 32% compared with 2021. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 120%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined slightly to $13M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (1211.8 tons)
2. Germany (42.4 tons)
3. Spain (34.2 tons)
4. India (19.8 tons)

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

In 2022, approx. 50 kg of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses were exported from Pakistan; which is down by -35.9% on the previous year's figure. Overall, exports showed a precipitous decrease. The smallest decline of -11.4% was in 2021.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses contracted notably to $816 in 2022. Over the period under review, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 516%. As a result, the exports reached the peak of $48K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Yemen (25.0 kg)
2. Italy (25.0 kg)

Source: IndexBox Market Intelligence Platform