Eastern Europe: Alcohols Market 2024

Alcohols Market Size in Eastern Europe

The East European alcohols market totaled $X in 2020, stabilizing at the previous year. In general, consumption, however, continues to indicate a pronounced descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Alcohols Production in Eastern Europe

In value terms, alcohols production shrank to $X in 2020 estimated in export price. Over the period under review, production saw a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

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Alcohols Exports

Exports in Eastern Europe

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons for the first time since 2015, thus ending a four-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2019, and then declined in the following year.

In value terms, alcohols exports declined notably to $X in 2020. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

In 2020, Russia (X tons) was the largest exporter of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, committing X% of total exports. It was distantly followed by Poland (X tons), comprising a X% share of total exports. Slovakia (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of exports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives. At the same time, Poland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2020. By contrast, Slovakia (X%) illustrated a downward trend over the same period. Poland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest alcohols supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports.

In Russia, alcohols exports shrank by an average annual rate of X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Poland (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2020, the export price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Alcohols Imports

Imports in Eastern Europe

In 2020, the amount of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imported in Eastern Europe totaled X tons, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2020.

In value terms, alcohols imports reduced to $X in 2020. Over the period under review, imports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Poland was the key importer of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Eastern Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2020. Lithuania (X tons) held the second position in the ranking, followed by Romania (X tons), the Czech Republic (X tons), Hungary (X tons) and Russia (X tons). All these countries together took near X% share of total imports. The following importers - Slovakia (X tons) and Belarus (X tons) - each resulted at a X% share of total imports.

Poland was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imports, with a CAGR of X% from 2012 to 2020. At the same time, Romania (X%), Lithuania (X%), Hungary (X%) and the Czech Republic (X%) displayed positive paces of growth. Belarus experienced a relatively flat trend pattern. By contrast, Russia (X%) and Slovakia (X%) illustrated a downward trend over the same period. Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Russia and Slovakia saw its share reduced by X% and X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Poland, alcohols imports expanded at an average annual rate of X% over the period from 2012-2020. The remaining importing countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2020, shrinking by X% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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