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

Contents:

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

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,252 per ton, jumping by 27% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +74.5% against 2019 indices. As a result, import price reached 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 highest price was recorded for prices from the Netherlands ($3,619 per ton) and Norway ($3,601 per ton), while the price for the UK ($2,620 per ton) and China ($2,762 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,183 per ton in 2022, picking up by 24% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 decreased by -12.1% against 2020 indices. The growth pace was the most rapid in 2019 when the average export price increased by 35%. The export price peaked at $3,619 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($3,683 per ton), while the average price for exports to Norway ($3,107 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 Denmark (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume increased by 33% to 391 tons. In general, imports, however, recorded a sharp downturn.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $1.3M in 2022. Over the period under review, imports, however, saw a deep downturn.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27814013838111.1%
Germany484567290337-11.4%
Norway2891941143173.1%
Netherlands361232118199-18.0%
Denmark14916.872.319.6-49.1%
United Kingdom42.748.22.915.7-28.4%
Others13.322.113.92.6-42.0%
Total1,6171,2207491,272-7.7%

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

  1. China (138.0 tons)
  2. Germany (97.0 tons)
  3. Norway (88.0 tons)
  4. Netherlands (55.0 tons)
  5. Denmark (6.3 tons)
  6. United Kingdom (6.0 tons)

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

In 2022, approx. 37 tons of alcohols; aromatic alcohols and derivatives, benzyl alcohol were exported from Sweden; increasing by 68% against 2021. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 312% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $118K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 193%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway4.01.947.587.0179.1%
Finland4.32.50.716.055.0%
Denmark11.514.98.414.78.5%
OthersN/AN/AN/AN/A0%
Total19.919.356.611881.0%

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

  1. Norway (28.0 tons)
  2. Finland (5.0 tons)
  3. Denmark (4.0 tons)

Source: IndexBox Market Intelligence Platform

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