Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,396 per ton in 2022, surging by 31% against the previous year. Overall, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 163% against the previous year. The import price peaked at $6,041 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($32,931 per ton), while the price for China ($3,012 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+617.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,621 per ton in 2022, jumping by 48% against the previous year. In general, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 282% against the previous year. As a result, the export price attained the peak level of $21,800 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,982 per ton), while the average price for exports to Russia totaled $3,564 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.6%).
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia
In 2022, purchases abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -25.8% to 88 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2020 with an increase of 162%. As a result, imports reached the peak of 168 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank modestly to $299K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports reached the peak of $349K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 120 | 170 | 195 | 161 | 10.3% |
| China | N/A | 61.5 | 42.7 | 119 | 39.1% |
| Netherlands | 64.7 | 8.4 | 39.5 | 15.2 | -38.3% |
| Latvia | N/A | 32.6 | N/A | N/A | 0% |
| Lithuania | N/A | 71.2 | 1.2 | N/A | -98.3% |
| Others | 5.0 | 5.3 | 30.3 | 3.9 | -7.9% |
| Total | 189 | 349 | 308 | 299 | 16.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Estonia in 2022:
- Italy (47.8 tons)
- China (39.6 tons)
- Netherlands (0.5 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia
Exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol from Estonia skyrocketed to 63 tons in 2022, jumping by 22% against the year before. The total export volume increased at an average annual rate of +14.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $227K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 95.9 | 127 | 122 | 220 | 31.9% |
| Netherlands | N/A | N/A | N/A | 5.2 | 0% |
| Others | N/A | N/A | 3.6 | 2.4 | -33.3% |
| Total | 95.9 | 127 | 126 | 227 | 33.3% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Estonia in 2022:
- Russia (61.7 tons)
- Netherlands (1.1 tons)
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