Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (CIF) - 2023
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (CIF) - 2023
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,694 per ton in November 2023, increasing by 14% against the previous month. Over the period under review, the import price, however, saw a mild downturn. The growth pace was the most rapid in January 2023 an increase of 43% against the previous month. As a result, import price attained the peak level of $3,903 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($22,133 per ton), while the price for China ($2,097 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 India (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $4,822 per ton in 2022, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2018 when the average export price increased by 29% against the previous year. As a result, the export price attained the peak level of $4,938 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($5,842 per ton), while the average price for exports to Nigeria ($3,355 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 Portugal (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain
In 2022, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Spain soared to 3.3K tons, jumping by 22% on 2021 figures. Overall, imports showed a relatively flat trend pattern. 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 $10M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 2.2 | 2.1 | 4.0 | 22.1% |
| Netherlands | 0.7 | 0.9 | 1.3 | 2.7 | 56.8% |
| China | 0.7 | 0.7 | 1.8 | 2.1 | 44.2% |
| India | 0.2 | 0.1 | 0.1 | 0.7 | 51.8% |
| Belgium | 0.2 | 0.2 | 0.6 | 0.4 | 26.0% |
| United Kingdom | 2.0 | 0.4 | 0.2 | 0.3 | -46.9% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.0 | 4.5 | 6.1 | 10.3 | 19.7% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Spain in 2022:
- Germany (1245.1 tons)
- Netherlands (848.4 tons)
- China (701.7 tons)
- India (257.4 tons)
- Belgium (129.2 tons)
- United Kingdom (67.4 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -10.8% to 452 tons. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 112% against the previous year.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reached $2.2M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 97%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 156 | 478 | 537 | 750 | 68.8% |
| Italy | 187 | 368 | 317 | 267 | 12.6% |
| Turkey | 68.8 | 125 | 134 | 155 | 31.1% |
| Germany | 34.4 | 44.8 | 91.6 | 124 | 53.3% |
| Portugal | 105 | 77.1 | 44.7 | 96.1 | -2.9% |
| United Kingdom | 27.5 | 23.8 | 184 | 75.1 | 39.8% |
| Czech Republic | N/A | 0.1 | 0.1 | 61.5 | 2379.9% |
| Colombia | 10.5 | 24.2 | 52.0 | 50.8 | 69.1% |
| Australia | 4.6 | 23.2 | 15.5 | 49.7 | 121.1% |
| Nigeria | N/A | N/A | N/A | 28.2 | 0% |
| Norway | N/A | 32.5 | 33.8 | 0.1 | -94.5% |
| Others | 262 | 490 | 753 | 524 | 26.0% |
| Total | 856 | 1,687 | 2,163 | 2,182 | 36.6% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Spain in 2022:
- France (201.2 tons)
- Italy (48.0 tons)
- Germany (30.9 tons)
- Turkey (28.8 tons)
- Portugal (18.1 tons)
- United Kingdom (18.0 tons)
- Colombia (13.1 tons)
- Czech Republic (12.5 tons)
- Australia (8.5 tons)
- Nigeria (8.4 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Spain.
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This report provides an in-depth analysis of the alcohols market in Spain.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the global alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Spain.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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The rate of growth for Aromatic Alcohols reached its highest level in February 2023 with a significant increase of 82% month-on-month. However, the value of imports for Aromatic Alcohols experienced a notable drop to $915K in July 2023.
