Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka - 2022

Contents:

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

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka (CIF) - 2022

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $17,625 per ton in 2022, increasing by 232% against the previous year. Overall, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 259%. The import price peaked at $39,695 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Italy ($228,833 per ton), while the price for China ($1,164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+445.2%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka (FOB) - 2022

In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $6,250 per ton, standing approx. at the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $50,277 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka

In 2022, purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -62.2% to 7.1 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 142%. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol soared to $125K in 2022. Overall, imports continue to indicate a abrupt shrinkage.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15345.050.2106-11.5%
Italy5.871.740.16.96.0%
United Kingdom0.42.51.56.1148.0%
China2.91.41.93.34.4%
GermanyN/A0.10.11.5287.3%
France3.210.43.5N/A4.6%
Singapore4.13.40.9N/A-53.1%
Others0.40.31.81.244.2%
Total169135100125-9.6%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Sri Lanka in 2022:

  1. India (2.8 tons)
  2. China (2.8 tons)
  3. United Kingdom (1.3 tons)
  4. Germany (0.2 tons)

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka

After two years of decline, shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by 0% to 16 kg in 2022. In general, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2020.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $100 in 2022. Over the period under review, exports recorded a dramatic curtailment. The smallest decline of 99.9% was in 2020.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/AN/AN/A0.10%
United Arab Emirates7.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.1N/AN/A0.1-75.9%

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Sri Lanka in 2022:

  1. Maldives (16.0 kg)

Source: IndexBox Market Intelligence Platform

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