
Luxembourg - Octanol (Octyl Alcohol) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights
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Luxembourg: Octyl Alcohol Market 2022
Octyl Alcohol Market Size in Luxembourg
After five years of growth, the Luxembourg octyl alcohol market decreased by -X% to $X in 2021. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then fell modestly in the following year.
Octyl Alcohol Production in Luxembourg
In value terms, octyl alcohol production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then declined modestly in the following year.
Octyl Alcohol Exports
Exports from Luxembourg
In 2021, approx. less than X kg of octanol (octyl alcohol) and isomers thereof were exported from Luxembourg; approximately reflecting the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
In value terms, octyl alcohol exports stood at less than $X in 2021. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Exports by Country
The Netherlands (X tons) was the main destination for octyl alcohol exports from Luxembourg, with a approx. X% share of total exports.
From 2012 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.
From 2012 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.
Export Prices by Country
In 2015, the average octyl alcohol export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked in 2015 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.
Octyl Alcohol Imports
Imports into Luxembourg
Octyl alcohol imports into Luxembourg shrank dramatically to less than X kg in 2021, with a decrease of -X% compared with the previous year. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X kg in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, octyl alcohol imports dropped sharply to less than $X in 2021. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2020, and then fell notably in the following year.
Imports by Country
In 2020, Germany (X kg) was the main supplier of octyl alcohol to Luxembourg, with a approx. X% share of total imports.
From 2012 to 2020, the average annual growth rate of volume from Germany totaled +X%.
In value terms, Germany ($X) constituted the largest supplier of octyl alcohol to Luxembourg.
From 2012 to 2020, the average annual growth rate of value from Germany totaled +X%.
Import Prices by Country
In 2020, the average octyl alcohol import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2020 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2020, the rate of growth in terms of prices for Germany amounted to +X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the octyl alcohol market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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