Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (CIF) - 2023
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (FOB) - 2023
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (CIF) - 2023
In October 2023, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $4,081 per ton, which is down by -19.9% against the previous month. In general, the import price saw a abrupt slump. The growth pace was the most rapid in March 2023 when the average import price increased by 30% month-to-month. The import price peaked at $10,121 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($3,898 per ton), while the price for India totaled $3,547 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-6.7%).
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (FOB) - 2023
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $8,400 per ton in October 2023, picking up by 18% against the previous month. Overall, the export price continues to indicate a modest expansion. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 60% m-o-m. As a result, the export price reached the peak level of $13,041 per ton. From January 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($19,219 per ton), while the average price for exports to Tunisia ($4,064 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain
In 2022, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -8.8% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 49% against the previous year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol fell to $10M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 6.1 | 5.1 | 6.1 | 20.3% |
| India | 3.5 | 3.9 | 3.7 | 1.9 | -18.4% |
| Belgium | N/A | N/A | 0.4 | 1.2 | 200.0% |
| Germany | 0.4 | 0.6 | 0.5 | 0.4 | 0.0% |
| United States | N/A | 0.6 | 0.6 | 0.2 | -42.3% |
| Others | 0.5 | 0.8 | 0.8 | 0.5 | 0.0% |
| Total | 8.0 | 12.0 | 11.1 | 10.3 | 8.8% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Spain in 2022:
- China (995.8 tons)
- India (415.1 tons)
- Belgium (110.4 tons)
- United States (32.4 tons)
- Germany (15.5 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain
For the fourth consecutive year, Spain recorded growth in shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol, which increased by 10% to 902 tons in 2022. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 16%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol expanded markedly to $7.1M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,793 | 1,716 | 1,519 | 1,733 | -1.1% |
| France | 1,128 | 1,152 | 1,248 | 1,203 | 2.2% |
| Turkey | 618 | 663 | 366 | 743 | 6.3% |
| Italy | 559 | 756 | 736 | 637 | 4.5% |
| United States | 365 | 318 | 272 | 559 | 15.3% |
| Brazil | 72.7 | 113 | 93.8 | 289 | 58.4% |
| Netherlands | 102 | 245 | 466 | 260 | 36.6% |
| United Kingdom | 374 | 220 | 319 | 205 | -18.2% |
| Argentina | 112 | 161 | 121 | 168 | 14.5% |
| Egypt | 3.2 | 29.8 | 97.5 | 140 | 252.4% |
| Mexico | 148 | 51.0 | 273 | 91.3 | -14.9% |
| Latvia | 2.9 | 5.9 | 39.2 | 66.8 | 184.5% |
| Switzerland | 157 | 236 | 83.7 | 45.9 | -33.6% |
| Others | 847 | 777 | 1,043 | 1,007 | 5.9% |
| Total | 6,282 | 6,443 | 6,678 | 7,148 | 4.4% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Spain in 2022:
- France (192.4 tons)
- Germany (158.8 tons)
- Turkey (124.8 tons)
- Italy (79.1 tons)
- Brazil (53.9 tons)
- Argentina (35.1 tons)
- Netherlands (29.6 tons)
- Egypt (28.3 tons)
- United States (21.2 tons)
- United Kingdom (17.5 tons)
- Latvia (16.4 tons)
- Mexico (8.0 tons)
- Switzerland (2.5 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Spain.
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This report provides an in-depth analysis of the alcohols market in Spain.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the global alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Spain.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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