Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy - 2023

Contents:

  1. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (CIF) - 2023
  2. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (FOB) - 2022
  3. Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy
  4. Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (CIF) - 2023

In November 2023, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $8,441 per ton, rising by 69% against the previous month. Over the period under review, the import price posted a resilient increase. The import price peaked at $8,902 per ton in September 2023; however, from October 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($30,160 per ton), while the price for the Netherlands ($4,661 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (FOB) - 2022

In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $5,826 per ton, growing by 28% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2015 when the average export price increased by 122%. Over the period under review, the average export prices hit record highs at $49,805 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($40,125 per ton), while the average price for exports to the United States ($4,363 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 the United States (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 imported into Italy surged to 5.8K tons, growing by 38% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +81.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 soared to $26M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.82.94.98.430.3%
Germany3.34.33.46.122.7%
France2.41.92.84.826.0%
Switzerland2.01.82.84.833.9%
China0.10.10.61.1122.4%
Others0.61.21.21.122.4%
Total12.212.315.726.229.0%

Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Italy in 2022:

  1. Netherlands (2381.0 tons)
  2. France (1452.6 tons)
  3. Switzerland (920.7 tons)
  4. Germany (593.0 tons)
  5. China (85.8 tons)

Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 exported from Italy surged to 292 tons, jumping by 57% on the previous year. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 252% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 skyrocketed to $1.7M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 109%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1592804411,03486.7%
France21.8113107251125.8%
Germany52.015145.718953.8%
Others10917025322928.1%
Total3427158471,70370.8%

Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from Italy in 2022:

  1. United States (236.9 tons)
  2. France (6.3 tons)
  3. Germany (6.2 tons)

Source: IndexBox Market Intelligence Platform

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