Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (FOB) - 2023
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (CIF) - 2023
In October 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $567 per ton, with a decrease of -30.8% against the previous month. Over the period under review, the import price saw a perceptible decline. The growth pace was the most rapid in September 2023 an increase of 27% month-to-month. Over the period under review, average import prices attained the peak figure at $1,042 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Egypt ($15,890 per ton), while the price for the United States ($500 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Egypt (+52.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (FOB) - 2023
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $935 per ton in October 2023, growing by 16% against the previous month. Over the period under review, the export price, however, saw a slight contraction. The growth pace was the most rapid in June 2023 an increase of 16% against the previous month. The export price peaked at $1,092 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Switzerland ($2,385 per ton), while the average price for exports to the UK ($459 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
In 2022, after three years of growth, there was decline in supplies from abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -0.4% to 2.2M tons. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 52% against the previous year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $2B in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 57%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 177 | 221 | 359 | 403 | 31.6% |
United States | 134 | 276 | 296 | 383 | 41.9% |
Netherlands | 166 | 229 | 302 | 344 | 27.5% |
Trinidad and Tobago | 93.7 | 27.9 | 158 | 141 | 14.6% |
Saudi Arabia | 20.6 | 29.8 | 69.4 | 130 | 84.8% |
France | 43.8 | 59.5 | 93.8 | 125 | 41.8% |
South Africa | 1.6 | 72.8 | 126 | 116 | 317.0% |
South Korea | 4.8 | 6.2 | 45.2 | 75.7 | 150.8% |
Others | 80.9 | 166 | 264 | 284 | 52.0% |
Total | 723 | 1,088 | 1,712 | 2,002 | 40.4% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Belgium in 2022:
- United States (548.8K tons)
- Netherlands (492.1K tons)
- Trinidad and Tobago (352.6K tons)
- Germany (301.0K tons)
- Saudi Arabia (101.3K tons)
- South Africa (80.0K tons)
- South Korea (77.9K tons)
- France (69.1K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, which increased by 6.4% to 1.6M tons in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 95%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $1.8B in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 184 | 384 | 615 | 674 | 54.2% |
Netherlands | 66.2 | 90.0 | 140 | 188 | 41.6% |
France | 49.5 | 83.1 | 135 | 173 | 51.8% |
Lithuania | 21.3 | 47.7 | 142 | 166 | 98.3% |
Italy | 23.7 | 33.1 | 70.5 | 99.4 | 61.3% |
Spain | 27.5 | 29.8 | 47.3 | 85.8 | 46.1% |
Poland | 28.5 | 40.0 | 76.3 | 74.1 | 37.5% |
United Kingdom | 39.9 | 63.5 | 47.2 | 67.9 | 19.4% |
Others | 82.0 | 184 | 235 | 261 | 47.1% |
Total | 522 | 955 | 1,507 | 1,790 | 50.8% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Belgium in 2022:
- Germany (656.1K tons)
- Netherlands (218.6K tons)
- Lithuania (205.2K tons)
- France (127.5K tons)
- United Kingdom (90.4K tons)
- Poland (74.6K tons)
- Spain (63.2K tons)
- Italy (53.8K tons)
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