Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil - 2024

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (CIF) - 2024
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (CIF) - 2024

In February 2024, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,146 per ton, with a decrease of -37.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2024 an increase of 35% m-o-m. Over the period under review, average import prices reached the maximum at $3,601 per ton in April 2023; however, from May 2023 to February 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($10,303 per ton), while the price for India ($1,817 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (FOB) - 2022

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $6,089 per ton in 2022, rising by 58% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($11,005 per ton), while the average price for exports to Paraguay ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil

For the fourth year in a row, Brazil recorded growth in purchases abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which increased by 36% to 6.3K tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $20M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.51.13.55.3119.7%
Netherlands2.12.02.55.033.5%
China2.12.70.85.033.5%
Germany3.91.72.54.44.1%
Others0.40.30.30.57.7%
Total9.07.79.620.230.9%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Brazil in 2022:

  1. India (1.8K tons)
  2. China (1.7K tons)
  3. Netherlands (1.4K tons)
  4. Germany (1.4K tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil

In 2022, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol from Brazil fell notably to 2.4 tons, which is down by -40% compared with 2021. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 8,535% against the previous year. As a result, the exports reached the peak of 4 tons, and then fell significantly in the following year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell to $15K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 5,945% against the previous year. As a result, the exports reached the peak of $15K, and then contracted in the following year.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/A10.37.6-26.2%
GhanaN/AN/AN/A4.40%
ChileN/A0.3N/A2.3176.9%
ParaguayN/AN/A0.30.2-33.3%
United States1.4N/AN/AN/A0%
IndonesiaN/AN/A1.0N/A0%
UruguayN/AN/A3.5N/A0%
Others0.4N/A0.2N/A-29.3%
Total1.80.315.314.5100.5%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Brazil in 2022:

  1. Argentina (1475.0 kg)
  2. Ghana (648.0 kg)
  3. Chile (210.0 kg)
  4. Paraguay (50.0 kg)

Source: IndexBox Market Intelligence Platform

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