Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belarus - 2022

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $21,626 per ton in 2022, rising by 14% against the previous year. Over the period under review, the import price recorded prominent growth. The growth pace was the most rapid in 2021 an increase of 84%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Poland ($184,833 per ton), while the price for Russia ($1,674 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $8,522 per ton in 2022, reducing by -15.7% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $16,667 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -5.0% per year.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belarus

After three years of growth, overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -52.9% to 1.4 tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 606% against the previous year. As a result, imports reached the peak of 2.9 tons, and then fell notably in the following year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced remarkably to $29K in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 1,201%. As a result, imports attained the peak of $55K, and then declined sharply in the following year.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A41.718.2-56.4%
LithuaniaN/AN/A0.43.5775.0%
India0.20.82.31.281.7%
SwitzerlandN/A0.61.40.60.0%
Canada0.30.50.80.30.0%
United KingdomN/A0.20.50.20.0%
France0.10.10.30.10.0%
RussiaN/A0.10.20.10.0%
Others0.21.97.25.1194.3%
Total0.94.254.629.4219.7%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Belarus in 2022:

  1. China (833.0 kg)
  2. Lithuania (245.0 kg)
  3. Switzerland (83.0 kg)
  4. Canada (53.0 kg)
  5. Russia (46.0 kg)
  6. United Kingdom (37.0 kg)
  7. India (25.0 kg)
  8. France (11.0 kg)

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belarus

In 2022, exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Belarus skyrocketed to 272 kg, rising by 68% against 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 385%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $2.3K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 500% against the previous year. As a result, the exports reached the peak of $3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.53.01.62.366.3%
OthersN/AN/AN/AN/A0%
Total0.53.01.62.366.3%

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

  1. Russia (272.0 kg)

Source: IndexBox Market Intelligence Platform

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