Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (FOB) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (CIF) - 2022
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,837 per ton in 2022, increasing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The export price peaked at $2,917 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +1.2% per year.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,127 per ton, shrinking by -8.5% against the previous year. Over the period under review, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 96%. Over the period under review, average import prices reached the maximum at $3,418 per ton in 2021, and then reduced in the following year.
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 Germany ($13,622 per ton), while the price for Belgium totaled $2,785 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg
In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol exported from Luxembourg shrank to 5.5 tons, declining by -10.9% against the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 94%. As a result, the exports reached the peak of 6.2 tons, and then reduced in the following year.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $16K in 2022. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 10.9 | 7.0 | 14.8 | 15.6 | 12.7% |
| Others | 0.2 | 0.3 | 0.3 | N/A | 22.5% |
| Total | 11.2 | 7.3 | 15.1 | 15.6 | 11.7% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Luxembourg in 2022:
- Belgium (5.5 tons)
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg
In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -60.4% to 2.3 tons. In general, imports recorded a sharp setback. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol declined sharply to $7.3K in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of $20K, and then fell dramatically in the following year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 7.9 | 8.8 | 10.6 | 6.3 | -7.3% |
| Germany | 1.2 | 2.0 | 8.0 | 1.0 | -5.9% |
| Netherlands | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 9.1 | 10.8 | 20.3 | 7.3 | -7.1% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Luxembourg in 2022:
- Belgium (2.3 tons)
- Germany (0.1 tons)
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