Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia - 2024

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $16,544 per ton, falling by -11.8% against the previous year. Overall, the import price showed a noticeable contraction. The growth pace was the most rapid in 2018 when the average import price increased by 41% against the previous year. The import price peaked at $23,499 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Japan ($32,579 per ton), while the price for Germany ($12,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $89,686 per ton in 2022, rising by 100% against the previous year. Over the period under review, the export price showed a slight increase. The export price peaked at $194,014 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($205,613 per ton), while the average price for exports to Indonesia ($86,537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Australia stood at 57 tons, standing approx. at the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped to $947K in 2022. Overall, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9%.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3352193363864.8%
India548340438266-21.4%
China25920297.6175-12.3%
Japan129188148113-4.3%
Others8.824.540.66.9-7.8%
Total1,2809731,060947-9.6%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Australia in 2022:

  1. Germany (31.0 tons)
  2. India (14.8 tons)
  3. China (7.7 tons)
  4. Japan (3.5 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia

In 2022, approx. 131 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were exported from Australia; declining by -85.5% against 2021. Overall, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 6,862% against the previous year. As a result, the exports reached the peak of 905 kg, and then declined sharply in the following year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped significantly to $12K in 2022. In general, exports saw a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 4,625% against the previous year.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2.9N/A12.210.955.5%
QatarN/AN/AN/A0.80%
New Zealand0.60.22.9N/A119.8%
Vietnam24.0N/AN/AN/A0%
IndiaN/AN/A25.3N/A0%
United Arab Emirates34.00.70.2N/A-92.3%
Others3.8N/AN/AN/A0%
Total65.40.940.511.7-43.7%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Australia in 2022:

  1. Indonesia (126.0 kg)
  2. Qatar (4.0 kg)

Source: IndexBox Market Intelligence Platform

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