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

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal

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

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,442 per ton in 2022, picking up by 5.9% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 decreased by -11.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25%. The import price peaked at $3,892 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Belgium ($34,000 per ton), while the price for the Netherlands ($2,916 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal (FOB) - 2022

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $5,636 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2019 an increase of 293% against the previous year. As a result, the export price reached the peak level of $11,780 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guinea-Bissau ($5,727 per ton), while the average price for exports to Angola totaled $5,633 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.6%).

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

Imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Portugal fell to 206 tons in 2022, which is down by -11.4% compared with the year before. Overall, imports saw a deep slump. The smallest decline of -3.8% was in 2021.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell to $708K in 2022. Over the period under review, imports showed a abrupt decrease. The smallest decline of -2.5% was in 2020.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4142663524351.7%
Spain12410729318614.5%
United Kingdom37042833.653.2-47.6%
Netherlands50.613272.620.6-25.9%
Others3.64.43.013.455.0%
Total963938754708-9.7%

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

  1. Germany (138.2 tons)
  2. Spain (48.7 tons)
  3. United Kingdom (11.2 tons)
  4. Netherlands (7.1 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by 0% to 327 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of 610 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol totaled $1.8K in 2022. In general, exports recorded a significant curtailment. The smallest decline of -67.7% was in 2020.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/AN/A1.80%
Guinea-BissauN/AN/AN/A0.10%
Spain1.60.9N/AN/A-43.8%
MaltaN/A0.7N/AN/A0%
Others3.5N/AN/AN/A0%
Total5.11.7N/A1.8-29.3%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Portugal in 2022:

  1. Angola (316.0 kg)
  2. Guinea-Bissau (11.0 kg)

Source: IndexBox Market Intelligence Platform

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