Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China - 2023
Contents:
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (FOB) - 2023
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (CIF) - 2023
- Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China
- Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (FOB) - 2023
The average export price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $8,165 per ton in December 2023, waning by -4.9% against the previous month. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in March 2023 an increase of 5.1% month-to-month. Over the period under review, the average export prices hit record highs at $9,851 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($12,024 per ton), while the average price for exports to Singapore ($7,314 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (CIF) - 2023
In December 2023, the average import price for alcohols; unsaturated monohydric, acyclic terpene alcoholses amounted to $9,056 per ton, surging by 13% against the previous month. Over the period under review, the import price, however, recorded a pronounced slump. The import price peaked at $12,256 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($31,963 per ton), while the price for Malaysia ($6,770 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China
In 2022, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses from China expanded rapidly to 8.6K tons, with an increase of 13% on 2021. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 23%. As a result, the exports attained the peak of 9.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses surged to $81M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.8 | 11.9 | 13.7 | 15.8 | 4.6% |
| Singapore | 13.1 | 12.8 | 9.5 | 15.1 | 4.9% |
| Indonesia | 6.5 | 7.5 | 7.2 | 12.2 | 23.4% |
| Spain | 4.5 | 6.1 | 4.4 | 7.1 | 16.4% |
| Mexico | 1.1 | 0.5 | 1.4 | 4.7 | 62.3% |
| Germany | 3.6 | 2.3 | 2.8 | 4.4 | 6.9% |
| Netherlands | 3.4 | 5.9 | 2.3 | 3.9 | 4.7% |
| United States | 3.5 | 4.0 | 4.6 | 3.7 | 1.9% |
| France | 3.1 | 3.0 | 3.7 | 3.7 | 6.1% |
| Japan | 2.5 | 2.5 | 2.6 | 3.3 | 9.7% |
| Brazil | 4.1 | 3.4 | 1.3 | 1.7 | -25.4% |
| Hong Kong SAR | 1.1 | 1.2 | 1.2 | 1.2 | 2.9% |
| Others | 6.2 | 7.6 | 5.8 | 3.9 | -14.3% |
| Total | 66.5 | 68.8 | 60.5 | 80.7 | 6.7% |
Top Export Markets for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols from China in 2022:
- India (3.5K tons)
- Singapore (3.4K tons)
- Indonesia (2.8K tons)
- Spain (1.3K tons)
- Mexico (1.1K tons)
- Netherlands (0.7K tons)
- Germany (0.7K tons)
- Japan (0.6K tons)
- United States (0.4K tons)
- Brazil (0.3K tons)
- France (0.3K tons)
- Hong Kong SAR (0.2K tons)
Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China
In 2022, the amount of alcohols; unsaturated monohydric, acyclic terpene alcoholses imported into China surged to 2.3K tons, picking up by 20% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses soared to $22M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 2.6 | 3.2 | 9.9 | 56.2% |
| Spain | 3.9 | 5.7 | 4.9 | 3.7 | -1.7% |
| Switzerland | 2.2 | 1.8 | 3.2 | 3.2 | 13.3% |
| Malaysia | 1.8 | 1.1 | 1.5 | 2.9 | 17.2% |
| United States | 2.7 | 1.7 | 2.1 | 2.0 | -9.5% |
| India | 2.6 | 1.3 | 3.4 | N/A | 14.4% |
| Others | 1.4 | 1.4 | 0.7 | 0.7 | -20.6% |
| Total | 17.2 | 15.6 | 19.0 | 22.5 | 9.4% |
Top Suppliers of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols to China in 2022:
- Germany (1186.5 tons)
- Malaysia (425.9 tons)
- Switzerland (414.7 tons)
- Spain (340.4 tons)
- United States (155.2 tons)
- India (0.4 tons)
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