Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK - 2023

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (CIF) - 2023
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (FOB) - 2023
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (CIF) - 2023

In November 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $4,998 per ton, surging by 89% against the previous month. Overall, the import price posted a remarkable increase. The growth pace was the most rapid in October 2023 an increase of 117% month-to-month. Over the period under review, average import prices hit record highs in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,391 per ton), while the price for Ireland ($525 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (FOB) - 2023

In November 2023, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,771 per ton, with a decrease of -68.4% against the previous month. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in October 2023 an increase of 139% against the previous month. As a result, the export price attained the peak level of $5,596 per ton, and then declined remarkably in the following month.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was France ($7,407 per ton), while the average price for exports to Poland ($296 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK

Imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into the UK stood at 476K tons in 2022, picking up by 4.8% compared with 2021. Overall, imports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of 592K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $585M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1861662022124.5%
United States45.146.470.782.522.3%
Netherlands13310574.951.9-26.9%
France27.329.126.439.713.3%
China17.314.014.838.630.7%
Saudi Arabia0.1N/A2.428.7559.6%
Indonesia0.91.61.725.8206.1%
Belgium52.162.939.117.1-31.0%
Malaysia0.72.01.57.0115.4%
Sweden22.225.83.85.2-38.4%
Others63.668.559.376.76.4%
Total5485214975852.2%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to the UK in 2022:

  1. Netherlands (129.8K tons)
  2. United States (118.9K tons)
  3. Germany (93.5K tons)
  4. Saudi Arabia (32.6K tons)
  5. France (20.5K tons)
  6. Belgium (13.0K tons)
  7. Indonesia (11.6K tons)
  8. China (8.6K tons)
  9. Malaysia (8.2K tons)
  10. Sweden (6.4K tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK

After two years of decline, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by 9.3% to 39K tons in 2022. Over the period under review, exports, however, faced a abrupt decrease.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $126M in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.019.819.641.629.9%
Belgium11.413.011.717.916.2%
Ireland13.014.813.411.9-2.9%
Germany6.67.28.57.22.9%
France6.55.66.96.60.5%
Netherlands4.05.64.45.813.2%
Italy4.84.55.43.9-6.7%
Angola0.30.2N/A1.154.2%
Others36.331.625.830.5-5.6%
Total10210295.71267.3%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from the UK in 2022:

  1. United States (15.6K tons)
  2. Belgium (6.8K tons)
  3. Ireland (4.9K tons)
  4. Netherlands (2.7K tons)
  5. France (1.4K tons)
  6. Germany (1.3K tons)
  7. Angola (0.6K tons)
  8. Italy (0.4K tons)

Source: IndexBox Market Intelligence Platform

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