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

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iran (CIF) - 2022
  2. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iran

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

In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $6,499 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 35%. The import price peaked at $11,886 per ton in 2012; however, from 2013 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 the UK ($56,508 per ton), while the price for Italy ($1,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Iran declined to 16 tons in 2022, waning by -13.7% compared with 2021. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol declined to $102K in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39%.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.113.935.742.047.5%
India10141.636.727.8-35.0%
United Kingdom73.28.219.714.5-41.7%
Turkey20.818.320.813.5-13.4%
France1.11.12.32.327.9%
Others78.02.03.41.8-71.5%
Total28785.2119102-29.2%

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

  1. China (7.7 tons)
  2. India (5.6 tons)
  3. France (1.3 tons)
  4. Turkey (0.4 tons)
  5. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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