Price for Alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives in the United States - 2023

Contents:

1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (CIF) - 2023
2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (FOB) - 2022
3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States
4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States (CIF) - 2023

In December 2023, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $7,947 per ton, with a decrease of -14.6% against the previous month. In general, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in June 2023 an increase of 128% against the previous month. As a result, import price attained the peak level of $15,771 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Brazil ($34,800 per ton), while the price for India ($3,605 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), 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 the United States (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $11,158 per ton, surging by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($20,296 per ton), while the average price for exports to Malaysia ($3,513 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 South Korea (+4.0%), 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 the United States

In 2022, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -1.1% to 33K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 34K 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 surged to $328M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (10.9K tons)
2. India (10.0K tons)
3. China (4.7K tons)
4. Netherlands (3.5K tons)
5. Italy (0.7K tons)
6. France (0.7K tons)
7. Japan (0.4K tons)
8. Austria (0.1K tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United States

In 2022, the amount of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from the United States reduced rapidly to 14K tons, which is down by -35.1% against the previous year's figure. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 0.3% against the previous year.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses dropped significantly to $154M in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year.

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

1. China (1661.8 tons)
2. Germany (1574.8 tons)
3. Canada (1412.1 tons)
4. Mexico (1209.2 tons)
5. Brazil (1112.1 tons)
6. Netherlands (974.5 tons)
7. India (864.0 tons)
8. Spain (784.3 tons)
9. Australia (777.2 tons)
10. Japan (611.6 tons)
11. Singapore (581.7 tons)
12. South Korea (465.8 tons)
13. Malaysia (182.2 tons)

Source: IndexBox Market Intelligence Platform