Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil - 2024

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil (CIF) - 2024
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil (CIF) - 2024

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $13,057 per ton in February 2024, with an increase of 10% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2023 an increase of 23% against the previous month. Over the period under review, average import prices reached the maximum at $16,377 per ton in March 2023; however, from April 2023 to February 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Paraguay ($64,120 per ton), while the price for the United States ($12,147 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 Paraguay (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $34,840 per ton in 2022, falling by -32.7% against the previous year. In general, the export price saw a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 64% against the previous year. The export price peaked at $54,390 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($48,394 per ton), while the average price for exports to Argentina ($19,915 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 Switzerland (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Brazil rose slightly to 1.3K tons in 2022, increasing by 2.9% compared with the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded remarkably to $20M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Brazil in 2022:

1. United States (608.3 tons)
2. Germany (444.0 tons)
3. India (122.0 tons)
4. Paraguay (60.0 tons)
5. China (56.6 tons)
6. Japan (32.9 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Brazil

In 2022, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were finally on the rise to reach 15 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $521K in 2022. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Brazil in 2022:

1. Cuba (7.6 tons)
2. Argentina (6.9 tons)
3. Chile (0.5 tons)

Source: IndexBox Market Intelligence Platform