Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan (CIF) - 2023
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan (CIF) - 2023

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $16,707 per ton in July 2023, reducing by -1.6% against the previous month. Overall, the import price saw a slight decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 48% month-to-month. As a result, import price attained the peak level of $25,813 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From July 2022 to July 2023, the rate of growth in terms of prices for Singapore amounted to -0.6% per month.

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

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $6,550 per ton, increasing by 19% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of 112%. Over the period under review, the average export prices hit record highs at $41,559 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,572 per ton), while the average price for exports to Bahrain totaled $6,240 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+0.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, when their volume decreased by -21.2% to 348 tons. In general, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 when imports increased by 9.9%.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol declined dramatically to $6.8M in 2022. Overall, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports attained the peak of $9.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.78.38.56.2-2.6%
Singapore0.10.40.10.226.0%
India0.30.20.20.2-12.6%
Germany0.40.20.20.2-20.6%
United Arab EmiratesN/AN/AN/A0.10%
Others0.10.10.1N/A0.0%
Total7.69.29.26.8-3.6%

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

  1. China (312.7 tons)
  2. India (9.1 tons)
  3. Singapore (7.9 tons)
  4. Germany (7.1 tons)
  5. United Arab Emirates (5.4 tons)

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

In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from Pakistan soared to 210 kg, with an increase of 855% against the year before. Over the period under review, exports saw a significant expansion.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $1.4K in 2022. In general, exports posted a buoyant expansion.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2542,4011151,28971.8%
Bahrain19.02325.088.066.7%
Sri Lanka857N/AN/AN/A0%
Others1.0N/A1.0N/A0.0%
Total1,1312,6331211,3776.8%

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

  1. United Kingdom (196.0 kg)
  2. Bahrain (14.0 kg)

Source: IndexBox Market Intelligence Platform

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