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China - Octanol (Octyl Alcohol) And Isomers Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOctyl Alcohol Price in China - 2023
Contents:
- Octyl Alcohol Price in China (CIF) - 2023
- Octyl Alcohol Price in China (FOB) - 2022
- Octyl Alcohol Imports in China
- Octyl Alcohol Exports in China
Octyl Alcohol Price in China (CIF) - 2023
The average octyl alcohol import price stood at $1,401 per ton in September 2023, increasing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in October 2022 when the average import price increased by 20% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($1,864 per ton), while the price for South Korea ($1,086 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Octyl Alcohol Price in China (FOB) - 2022
The average octyl alcohol export price stood at $1,472 per ton in 2022, with a decrease of -17.4% against the previous year. Overall, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 75%. As a result, the export price attained the peak level of $1,782 per ton, and then shrank rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,303 per ton), while the average price for exports to Israel ($1,175 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 Israel (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Octyl Alcohol Imports in China
In 2022, purchases abroad of octanol (octyl alcohol) and isomers thereof decreased by -32.9% to 161K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of 277K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, octyl alcohol imports shrank remarkably to $252M in 2022. Overall, imports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 89%. As a result, imports reached the peak of $446M, and then contracted significantly in the following year.
Import of Octyl Alcohol in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 109 | 87.5 | 186 | 124 | 4.4% |
Saudi Arabia | 51.1 | 33.0 | 72.0 | 40.6 | -7.4% |
South Korea | 5.4 | 16.9 | 56.8 | 20.7 | 56.5% |
Thailand | 5.0 | 1.3 | 2.5 | 6.7 | 10.2% |
Malaysia | 4.3 | 8.3 | 12.4 | 5.3 | 7.2% |
Japan | 7.9 | 4.9 | 24.7 | 4.2 | -19.0% |
Taiwan (Chinese) | 22.4 | N/A | N/A | N/A | 0% |
Others | 13.9 | 84.6 | 91.8 | 51.4 | 54.6% |
Total | 219 | 237 | 446 | 252 | 4.8% |
Top Suppliers of Octyl Alcohol to China in 2022:
- Indonesia (82.6K tons)
- Saudi Arabia (27.0K tons)
- South Korea (13.6K tons)
- Thailand (3.5K tons)
- Japan (3.4K tons)
- Malaysia (2.1K tons)
Octyl Alcohol Exports in China
Octyl alcohol exports from China surged to 73K tons in 2022, with an increase of 150% against 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 201%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, octyl alcohol exports skyrocketed to $107M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 428%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Octyl Alcohol in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | 29.1 | 52.2 | 79.4% |
India | N/A | 0.8 | N/A | 13.7 | 313.8% |
Iran | 4.8 | 1.8 | 1.6 | 12.6 | 37.9% |
United States | 0.6 | 0.8 | 2.0 | 3.9 | 86.6% |
Malaysia | N/A | N/A | 0.5 | 3.3 | 560.0% |
Netherlands | 1.9 | 1.7 | 3.0 | 2.8 | 13.8% |
Pakistan | 0.3 | 0.2 | 0.1 | 2.4 | 100.0% |
United Arab Emirates | N/A | 0.5 | N/A | 2.1 | 104.9% |
Bangladesh | 0.2 | 0.5 | 1.2 | 1.8 | 108.0% |
Israel | N/A | N/A | N/A | 1.6 | 0% |
South Korea | 11.1 | 1.6 | 4.7 | 0.4 | -67.0% |
Others | 2.9 | 2.0 | 9.6 | 10.0 | 51.1% |
Total | 21.8 | 9.8 | 51.8 | 107 | 69.9% |
Top Export Markets for Octyl Alcohol from China in 2022:
- Turkey (36.0K tons)
- India (10.3K tons)
- Iran (9.4K tons)
- United States (1.7K tons)
- Malaysia (1.7K tons)
- Pakistan (1.6K tons)
- United Arab Emirates (1.6K tons)
- Israel (1.4K tons)
- Netherlands (1.4K tons)
- Bangladesh (1.1K tons)
- South Korea (0.3K tons)
This report provides an in-depth analysis of the octyl alcohol market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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