Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Finland - 2023

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $69,806 per ton in 2022, dropping by -30.6% against the previous year. In general, the import price, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $100,515 per ton, and then contracted remarkably in the following year.

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 India ($152,000 per ton), while the price for Germany ($37,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+45.3%), 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 Finland (FOB) - 2022

In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $1,000 per ton, dropping by -99.2% against the previous year. Overall, the export price recorded a sharp descent. The pace of growth appeared the most rapid in 2016 an increase of 15%. The export price peaked at $120,667 per ton in 2021, and then reduced markedly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +21.6% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of alcohols; aromatic and derivatives, other than benzyl alcohol, when their volume decreased by -54.4% to 279 kg. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol plummeted to $19K in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of $62K, and then shrank markedly in the following year.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.21.32.011.64.4%
Germany4.6N/A0.46.914.5%
United StatesN/A2.21.80.3-63.1%
China0.125.216.00.344.2%
Sweden0.10.19.40.10.0%
Canada16.55.131.3N/A37.7%
Others0.82.00.50.4-20.6%
Total32.435.761.519.5-15.6%

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

  1. Germany (183.0 kg)
  2. India (76.0 kg)
  3. United States (7.0 kg)
  4. China (4.0 kg)
  5. Sweden (1.0 kg)

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

In 2022, approx. 1 kg of alcohols; aromatic and derivatives, other than benzyl alcohol were exported from Finland; falling by -93.3% on the previous year. Overall, exports saw a sharp slump.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped markedly to $1 in 2022. Over the period under review, exports continue to indicate a sharp contraction.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Finland (USD)
COUNTRY20212022CAGR,
2021-2022
NorwayN/A1.00%
Russia1,805N/A0%
Malaysia5.0N/A0%
OthersN/AN/A0%
Total1,8101.0-99.9%

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

  1. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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