Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada - 2024
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,182 per ton, surging by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,623 per ton), while the price for Germany ($2,450 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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (FOB) - 2022
In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $4,743 per ton, surging by 45% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.4% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada
In 2022, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -13.8% to 2.6K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, imports reached the peak of 3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $8.2M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.4 | 0.4 | 1.4 | 2.8 | 91.3% |
| United States | 0.6 | 1.6 | 1.0 | 1.4 | 32.6% |
| China | 1.0 | 1.2 | 1.1 | 1.4 | 11.9% |
| Germany | 2.2 | 2.0 | 1.4 | 1.2 | -18.3% |
| Netherlands | 0.5 | 1.3 | 1.8 | 0.9 | 21.6% |
| Others | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Total | 4.9 | 6.8 | 6.6 | 8.2 | 18.7% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Canada in 2022:
- India (1070.7 tons)
- Germany (494.4 tons)
- China (475.9 tons)
- Netherlands (260.7 tons)
- United States (218.1 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada
In 2022, overseas shipments of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -56.1% to 91 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 66%.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell markedly to $433K in 2022. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 55%.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 295 | 466 | 681 | 433 | 13.6% |
| Others | 4.6 | 0.1 | 0.9 | N/A | -55.8% |
| Total | 300 | 466 | 682 | 433 | 13.0% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Canada in 2022:
- United States (91.3 tons)
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