Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (FOB) - 2023
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (CIF) - 2022
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (FOB) - 2023
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $20,766 per ton in December 2023, with an increase of 53% against the previous month. Overall, the export price, however, recorded a noticeable reduction. Over the period under review, the average export prices reached the peak figure at $32,705 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Germany ($103K per ton), while the average price for exports to the Netherlands ($7,615 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%), while the prices for the other major destinations experienced a decline.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $10,781 per ton in 2022, dropping by -34.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 67% against the previous year. The import price peaked at $52,185 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 the Netherlands ($109,342 per ton), while the price for India ($7,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China
For the fourth year in a row, China recorded growth in shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which increased by 188% to 26K tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $180M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 8.6 | 25.4 | 33.7 | 103.5% |
| United States | 3.5 | 7.2 | 9.9 | 19.4 | 77.0% |
| Netherlands | 2.6 | 2.7 | 6.6 | 13.5 | 73.2% |
| Thailand | 2.9 | 1.8 | 3.3 | 12.1 | 61.0% |
| India | 1.6 | 1.3 | 2.7 | 9.3 | 79.8% |
| Vietnam | 2.7 | 1.8 | 2.2 | 6.5 | 34.0% |
| Brazil | 1.0 | 1.0 | 1.2 | 6.4 | 85.7% |
| Italy | 0.9 | 1.0 | 1.7 | 4.5 | 71.0% |
| Indonesia | 0.8 | 1.4 | 1.3 | 3.8 | 68.1% |
| Singapore | 0.8 | 0.6 | 1.1 | 3.6 | 65.1% |
| South Korea | 0.8 | 1.0 | 1.1 | 3.4 | 62.0% |
| Japan | 1.6 | 0.6 | 0.9 | 3.1 | 24.7% |
| Mexico | 0.5 | 0.3 | 0.5 | 3.0 | 81.7% |
| Others | 21.8 | 16.6 | 28.4 | 58.0 | 38.6% |
| Total | 45.5 | 45.7 | 86.1 | 180 | 58.2% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from China in 2022:
- United States (3.8K tons)
- Netherlands (2.8K tons)
- Thailand (2.5K tons)
- Germany (2.1K tons)
- India (1.9K tons)
- Brazil (1.4K tons)
- Vietnam (1.3K tons)
- Italy (1.0K tons)
- Indonesia (0.8K tons)
- Mexico (0.7K tons)
- Singapore (0.7K tons)
- Japan (0.6K tons)
- South Korea (0.5K tons)
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses imported into China surged to 2.1K tons, rising by 148% on the previous year's figure. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $23M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 0.3 | 2.2 | 13.3 | 98.5% |
| Germany | 2.5 | 7.2 | 2.1 | 4.7 | 23.4% |
| Japan | 1.5 | 2.0 | 2.3 | 1.6 | 2.2% |
| India | 0.3 | 1.6 | 1.8 | 1.1 | 54.2% |
| France | 0.7 | 0.9 | N/A | 0.1 | -47.7% |
| Argentina | 0.6 | 0.4 | N/A | N/A | -33.3% |
| Brazil | 1.8 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 4.3 | 5.7 | 2.2 | -4.2% |
| Total | 11.6 | 16.7 | 14.1 | 23.0 | 25.6% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to China in 2022:
- United States (1294.0 tons)
- Germany (601.4 tons)
- India (156.5 tons)
- Japan (19.7 tons)
- France (6.5 tons)
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