Global Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size

The global denatured ethyl alcohol market expanded remarkably to $X in 2022, growing by X% against the previous year. Overall, consumption, however, recorded a slight descent. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Denatured Ethyl Alcohol Production

In value terms, denatured ethyl alcohol production expanded markedly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Global production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Denatured Ethyl Alcohol Exports

Exports

For the third consecutive year, the global market recorded growth in overseas shipments of denatured ethyl alcohol and other denatured spirits, which increased by X% to X litres in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its volume 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, denatured ethyl alcohol exports soared to $X in 2022. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, recording X litres, which was approx. X% of total exports in 2022. It was distantly followed by the Netherlands (X litres), mixing up a X% share of total exports. The following exporters - France (X litres), Poland (X litres), South Africa (X litres), Spain (X litres) and Canada (X litres) - each reached an X% share of total exports.

Exports from the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%), Poland (X%), Spain (X%), the Netherlands (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, France (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the global exports, while France saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest denatured ethyl alcohol supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average denatured ethyl alcohol export price amounted to $X per litre, growing by X% against the previous year. Over the period under review, export price indicated a modest 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, denatured ethyl alcohol export price increased by X% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per litre. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Netherlands ($X per litre), while the United States ($X per litre) was amongst the lowest.

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

Denatured Ethyl Alcohol Imports

Imports

In 2022, global imports of denatured ethyl alcohol and other denatured spirits rose to X litres, growing by X% against the year before. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, denatured ethyl alcohol imports soared to $X in 2022. Over the period under review, imports posted a pronounced increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Canada was the key importer of denatured ethyl alcohol and other denatured spirits in the world, with the volume of imports accounting for X litres, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X litres), India (X litres), South Korea (X litres) and the Philippines (X litres), together achieving a X% share of total imports. Peru (X litres), Germany (X litres), the United Arab Emirates (X litres), the UK (X litres), Nigeria (X litres), Finland (X litres), Turkey (X litres) and Greece (X litres) followed a long way behind the leaders.

Imports into Canada increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Finland (X%), India (X%), the Netherlands (X%), South Korea (X%), Turkey (X%) and Peru (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The Philippines and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Nigeria (X%), the UK (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, India, Canada, South Korea, Finland, Greece and Peru increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits worldwide, comprising X% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of global imports. It was followed by South Korea, with a X% share.

In Canada, denatured ethyl alcohol imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and South Korea (X% per year).

Import Prices by Country

The average denatured ethyl alcohol import price stood at $X per litre in 2022, surging by X% against the previous year. Overall, import price indicated moderate growth 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, denatured ethyl alcohol import price increased by X% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Greece ($X per litre), while the United Arab Emirates ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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