Eastern Europe: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Eastern Europe

The East European industrial fatty alcohols market rose significantly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Industrial Fatty Alcohols Production in Eastern Europe

In value terms, industrial fatty alcohols production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Industrial Fatty Alcohols Exports

Exports in Eastern Europe

In 2022, overseas shipments of industrial fatty alcohols increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial fatty alcohols exports soared to $X in 2022. In general, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria was the main exporting country with an export of around X tons, which accounted for X% of total exports. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%) and the Czech Republic (X%). Russia (X tons) followed a long way behind the leaders.

Bulgaria was also the fastest-growing in terms of the industrial fatty alcohols exports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), Poland (X%) and Russia (X%) displayed positive paces of growth. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Bulgaria (X p.p.), Lithuania (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Russia and the Czech Republic saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Bulgaria ($X) emerged as the largest industrial fatty alcohols supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Bulgaria, industrial fatty alcohols exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Industrial Fatty Alcohols Imports

Imports in Eastern Europe

After ten years of growth, supplies from abroad of industrial fatty alcohols decreased by X% to X tons in 2022. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, industrial fatty alcohols imports soared to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) represented the major importer of industrial fatty alcohols, achieving X% of total imports. Poland (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (X%) and Hungary (X%). The Czech Republic (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial fatty alcohols importing markets in Eastern Europe were Russia ($X), Poland ($X) and Slovakia ($X), together comprising X% of total imports. Hungary and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, industrial fatty alcohols import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Slovakia ($X per ton), while Hungary ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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