Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Saudi Arabia - 2022

Contents:

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

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

In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $3,211 per ton, dropping by -3% against the previous year. In general, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of 82% against the previous year. As a result, import price reached the peak level of $4,957 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,738 per ton), while the price for India ($1,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $1,855 per ton in 2022, which is down by -3.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 134%. Over the period under review, the average export prices hit record highs at $1,920 per ton in 2021, and then fell modestly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,051 per ton), while the average price for exports to Bahrain amounted to $1,810 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+121.8%), 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 Saudi Arabia

Imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 into Saudi Arabia soared to 57 tons in 2022, jumping by 85% compared with the previous year. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 234%. As a result, imports attained the peak of 83 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 skyrocketed to $182K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 321% against the previous year. As a result, imports reached the peak of $262K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A13715.068.7-29.2%
IndiaN/A62.3N/A45.8-14.3%
China27.352.248.535.59.1%
United Kingdom28.0N/A16.316.1-16.8%
Germany3.810.719.414.255.2%
Others3.1N/A2.11.2-27.1%
Total62.226210118243.0%

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

  1. India (24.9 tons)
  2. United States (12.0 tons)
  3. China (9.4 tons)
  4. United Kingdom (7.6 tons)
  5. Germany (2.6 tons)

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

After two years of decline, shipments abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 increased by 52% to 13 tons in 2022. Over the period under review, exports, however, faced a sharp reduction.

In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 soared to $25K in 2022. Overall, exports, however, recorded a dramatic curtailment.

Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain48.125.914.919.7-25.7%
India21.86.92.05.1-38.4%
Malaysia8.7N/AN/AN/A0%
Egypt38.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11732.816.924.9-40.3%

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

  1. Bahrain (10.9 tons)
  2. India (2.5 tons)

Source: IndexBox Market Intelligence Platform

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