Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (CIF) - 2022
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $6,166 per ton in 2022, falling by -22.9% against the previous year. Over the period under review, the import price saw a abrupt setback. The growth pace was the most rapid in 2021 an increase of 69%. The import price peaked at $10,957 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($14,862 per ton), while the price for China ($5,534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (FOB) - 2022
In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $2,065 per ton, with an increase of 4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2015 an increase of 6%. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +4.3% per year.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan
In 2022, approx. 268 tons of alcohols; aromatic and derivatives, other than benzyl alcohol were imported into Pakistan; increasing by 162% against 2021 figures. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol skyrocketed to $1.7M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 652 | 875 | 673 | 1,306 | 26.1% |
| India | 107 | 1.9 | 49.4 | 139 | 9.1% |
| Singapore | 63.5 | 65.2 | 44.5 | 56.6 | -3.8% |
| Japan | 25.3 | 4.0 | 12.3 | 36.4 | 12.9% |
| Others | 41.7 | 33.7 | 39.5 | 112 | 39.0% |
| Total | 889 | 979 | 819 | 1,650 | 22.9% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Pakistan in 2022:
- China (236.0 tons)
- India (9.3 tons)
- Singapore (7.0 tons)
- Japan (4.6 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan
In 2022, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -1% to 21 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 12,140% against the previous year. As a result, the exports reached the peak of 24 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol totaled $44K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 12,698%. As a result, the exports reached the peak of $45K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.4 | 45.4 | 42.6 | 44.0 | 379.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 45.4 | 42.6 | 44.0 | 379.1% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Pakistan in 2022:
- Saudi Arabia (21.3 tons)
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