Luxembourg - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in Luxembourg - 2023
Contents:
- Price for Propyl and Isopropyl Alcohol in Luxembourg (CIF) - 2022
- Price for Propyl and Isopropyl Alcohol in Luxembourg (FOB) - 2022
- Imports of Propyl and Isopropyl Alcohol in Luxembourg
- Exports of Propyl and Isopropyl Alcohol in Luxembourg
Price for Propyl and Isopropyl Alcohol in Luxembourg (CIF) - 2022
In 2022, the average propyl and isopropyl alcohol import price amounted to $1,791 per ton, leveling off at the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propyl and isopropyl alcohol import price decreased by -39.7% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 95% against the previous year. As a result, import price reached the peak level of $2,973 per ton. From 2021 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 Germany ($2,799 per ton), while the price for the Netherlands ($1,565 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Propyl and Isopropyl Alcohol in Luxembourg (FOB) - 2022
The average propyl and isopropyl alcohol export price stood at $2,290 per ton in 2022, waning by -7% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. As a result, the export price attained the peak level of $6,747 per ton. From 2015 to 2022, the average 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 Belgium ($4,770 per ton), while the average price for exports to Spain ($1,611 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 UK (+10.5%), while the prices for the other major destinations experienced a decline.
Imports of Propyl and Isopropyl Alcohol in Luxembourg
In 2022, overseas purchases of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were finally on the rise to reach 751 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a drastic downturn.
In value terms, propyl and isopropyl alcohol imports surged to $1.3M in 2022. Overall, imports, however, showed a deep contraction.
| Import of Propyl and Isopropyl Alcohol in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 159 | 982 | 555 | 706 | 64.4% |
| Belgium | 674 | 439 | 350 | 425 | -14.2% |
| Germany | 1,308 | 192 | 109 | 130 | -53.7% |
| France | 31.2 | 182 | 44.9 | 45.1 | 13.1% |
| Others | 3.2 | 33.2 | 28.6 | 39.9 | 131.9% |
| Total | 2,175 | 1,828 | 1,088 | 1,345 | -14.8% |
Top Suppliers of Propyl and Isopropyl Alcohol to Luxembourg in 2022:
- Netherlands (450.8 tons)
- Belgium (229.2 tons)
- Germany (46.3 tons)
- France (17.6 tons)
Exports of Propyl and Isopropyl Alcohol in Luxembourg
In 2022, the amount of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exported from Luxembourg rose remarkably to 26 tons, surging by 5.8% on 2021. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, propyl and isopropyl alcohol exports declined modestly to $60K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 71%. As a result, the exports attained the peak of $61K, and then reduced slightly in the following year.
| Export of Propyl and Isopropyl Alcohol in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 16.8 | 14.4 | 44.4 | 32.3 | 24.3% |
| Belgium | 4.2 | 4.0 | 8.2 | 13.7 | 48.3% |
| Spain | 4.9 | 6.5 | 5.5 | 7.3 | 14.2% |
| Germany | 0.9 | 2.0 | 2.0 | 2.7 | 44.2% |
| Others | 2.9 | 8.5 | 0.7 | 3.7 | 8.5% |
| Total | 29.9 | 35.4 | 60.7 | 59.7 | 25.9% |
Top Export Markets for Propyl and Isopropyl Alcohol from Luxembourg in 2022:
- United Kingdom (15.2 tons)
- Spain (4.5 tons)
- Belgium (2.9 tons)
- Germany (0.6 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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