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

Contents:

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

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

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $29,781 per ton, growing by 11% against the previous year. Overall, the import price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $43,493 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($35,638 per ton), while the price for Paraguay ($25,925 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $89,514 per ton in 2022, rising by 1.8% against the previous year. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 113% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +16.6% per year.

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

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Uruguay surged to 1.2 tons in 2022, rising by 58% on the year before. In general, imports, however, continue to indicate a deep slump.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol soared to $34K in 2022. Overall, imports, however, showed a abrupt setback.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.39.08.214.520.4%
United Kingdom9.13.35.514.316.3%
Paraguay6.31.92.75.2-6.2%
China27.01.61.8N/A-74.2%
France0.70.20.2N/A-46.5%
India1.90.60.9N/A-31.2%
Others1.50.30.30.5-30.7%
Total54.816.919.534.4-14.4%

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

  1. Germany (552.0 kg)
  2. United Kingdom (400.0 kg)
  3. Paraguay (200.0 kg)

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

Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from Uruguay surged to 35 kg in 2022, jumping by 25% against 2021 figures. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol surged to $3.1K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones2.71.82.53.14.7%
OthersN/AN/AN/AN/A0%
Total2.71.82.53.14.7%

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

  1. Free Zones (35.0 kg)

Source: IndexBox Market Intelligence Platform

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