Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan (CIF) - 2022

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $4,882 per ton, jumping by 84% against the previous year. Over the period under review, the import price enjoyed a noticeable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($58,200 per ton), while the price for China stood at $4,748 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+69.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan

In 2022, approx. 4 tons of alcohols; aromatic alcohols and derivatives, benzyl alcohol were imported into Azerbaijan; picking up by 47% on 2021 figures. Over the period under review, imports, however, recorded a dramatic setback.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $20K in 2022. Overall, imports, however, continue to indicate a pronounced contraction.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.814.87.318.96.2%
India4.2N/AN/AN/A0%
Germany1.19.6N/AN/A772.7%
OthersN/A0.3N/A0.641.4%
Total21.124.67.319.5-2.6%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Azerbaijan in 2022:

  1. China (4.0 tons)

Source: IndexBox Market Intelligence Platform

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