Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (CIF) - 2023
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (FOB) - 2023
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (CIF) - 2023

In November 2023, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $18,051 per ton, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2023 an increase of 40% m-o-m. As a result, import price attained the peak level of $20,902 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($21,055 per ton), while the price for Germany ($12,469 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (FOB) - 2023

In November 2023, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $19,834 per ton, increasing by 11% against the previous month. Overall, the export price continues to indicate mild growth. The pace of growth was the most pronounced in January 2023 when the average export price increased by 42% m-o-m. The export price peaked at $22,983 per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Greece ($26,546 per ton), while the average price for exports to the UK ($11,407 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into the Netherlands skyrocketed to 974 tons, jumping by 33% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 72% against the previous year. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $19M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, imports attained the peak of $28M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.212.37.06.140.5%
Italy0.10.10.16.0291.5%
Germany4.76.63.84.91.4%
China1.61.00.51.0-14.5%
JapanN/A0.50.30.50.0%
Spain0.17.2N/AN/A7100.0%
Others1.10.30.10.2-43.3%
Total9.828.111.818.724.0%

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

  1. Germany (333.3 tons)
  2. India (324.3 tons)
  3. Italy (235.7 tons)
  4. China (55.1 tons)
  5. Japan (20.2 tons)
  6. Spain (0.1 tons)

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

In 2022, shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -9.9% to 596 tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 80%. As a result, the exports attained the peak of 932 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped to $11M in 2022. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.76.72.93.3-24.6%
Germany2.34.02.32.64.2%
Italy0.17.62.92.0171.4%
Turkey0.30.20.60.944.2%
Spain0.20.20.40.426.0%
France0.10.60.70.344.2%
Belgium0.20.30.60.314.5%
Others2.01.01.61.2-15.7%
Total13.020.612.011.0-5.4%

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

  1. United Kingdom (238.6 tons)
  2. Germany (123.3 tons)
  3. Italy (90.2 tons)
  4. Turkey (42.5 tons)
  5. Spain (20.9 tons)
  6. Belgium (17.1 tons)
  7. France (12.6 tons)

Source: IndexBox Market Intelligence Platform

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