Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (FOB) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (CIF) - 2022
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (FOB) - 2022
In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,323 per ton, rising by 45% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +60.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,955 per ton), while the average price for exports to Taiwan (Chinese) ($2,266 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 Switzerland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,035 per ton, picking up by 40% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +76.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($3,812 per ton) and the Netherlands ($3,050 per ton), while the price for Belgium ($2,612 per ton) and India ($2,677 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany
In 2022, after three years of growth, there was significant decline in shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -19.7% to 17K tons. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 22% against the previous year.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $56M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 9.2 | 9.0 | 9.4 | 29.8% |
| Italy | 4.6 | 4.5 | 6.6 | 7.2 | 16.1% |
| United Kingdom | 2.2 | 2.9 | 4.2 | 5.6 | 36.5% |
| Brazil | 3.5 | 1.8 | 2.6 | 4.3 | 7.1% |
| Spain | 2.1 | 2.2 | 2.6 | 4.1 | 25.0% |
| France | 2.0 | 2.5 | 3.2 | 3.8 | 23.9% |
| Turkey | 0.9 | 1.3 | 1.4 | 1.9 | 28.3% |
| Switzerland | 2.3 | 1.4 | 2.2 | 1.9 | -6.2% |
| Hungary | 0.5 | 0.6 | 0.7 | 1.4 | 40.9% |
| Poland | 0.6 | 0.9 | 1.1 | 1.3 | 29.4% |
| China | 0.7 | 0.9 | 1.7 | 1.3 | 22.9% |
| Taiwan (Chinese) | 0.4 | 0.5 | 0.5 | 1.0 | 35.7% |
| Austria | 1.4 | 1.1 | 1.2 | 1.0 | -10.6% |
| Others | 9.3 | 9.5 | 11.1 | 11.7 | 8.0% |
| Total | 34.9 | 39.3 | 48.0 | 55.7 | 16.9% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Germany in 2022:
- United States (3.2K tons)
- Italy (2.6K tons)
- United Kingdom (2.0K tons)
- Brazil (1.4K tons)
- Spain (1.3K tons)
- France (1.0K tons)
- Turkey (0.6K tons)
- Switzerland (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Poland (0.4K tons)
- Hungary (0.4K tons)
- Austria (0.3K tons)
- China (0.3K tons)
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany
For the third consecutive year, Germany recorded decline in supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, which decreased by -0.3% to 3.6K tons in 2022. In general, imports faced a abrupt contraction.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $11M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 +58.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.7 | 3.6 | 4.4 | 5.8 | 7.3% |
| India | 0.8 | 0.8 | 1.0 | 1.8 | 31.0% |
| Belgium | 0.2 | 0.3 | 0.8 | 1.4 | 91.3% |
| China | 1.5 | 0.9 | 0.6 | 0.9 | -15.7% |
| United Kingdom | 0.7 | 0.4 | 0.2 | 0.1 | -47.7% |
| Others | 0.8 | 0.9 | 0.8 | 1.0 | 7.7% |
| Total | 8.7 | 6.9 | 7.8 | 10.9 | 7.8% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Germany in 2022:
- Netherlands (1886.6 tons)
- India (665.3 tons)
- Belgium (548.0 tons)
- China (225.3 tons)
- United Kingdom (37.6 tons)
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