Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $29,146 per ton, leveling off at the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -18.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 50%. The import price peaked at $37,996 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($73,189 per ton), while the price for China ($15,218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $3,567 per ton in 2021, falling by -43.3% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 149% against the previous year. As a result, the export price attained the peak level of $6,288 per ton, and then fell dramatically in the following year.

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

From 2019 to 2021, the rate of growth in terms of prices for Nigeria amounted to +18.7% per year.

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

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Ethiopia rose markedly to 316 kg, increasing by 6.4% compared with the previous year's figure. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 198% against the previous year. As a result, imports attained the peak of 325 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded markedly to $9.2K in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 154% against the previous year. As a result, imports attained the peak of $9.9K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.65.03.23.631.0%
Turkey1.33.42.83.235.0%
Germany0.50.81.71.956.0%
China0.60.6N/A0.5-5.9%
OthersN/AN/A0.9N/A0%
Total3.99.98.69.233.1%

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

  1. India (191.0 kg)
  2. Turkey (67.0 kg)
  3. China (32.0 kg)
  4. Germany (26.0 kg)

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

In 2021, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol exported from Ethiopia soared to 2.3 tons, picking up by 3,445% against 2020 figures. In general, exports saw a significant increase. As a result, the exports attained 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 soared to $8.3K in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ethiopia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Nigeria2.9N/A8.369.2%
Cote d'IvoireN/A0.4N/A0%
OthersN/AN/AN/A0%
Total2.90.48.369.2%

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

  1. Nigeria (2.3 tons)

Source: IndexBox Market Intelligence Platform

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