Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India - 2023

Contents:

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

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $11,795 per ton in 2022, declining by -23.6% against the previous year. In general, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2018 an increase of 79%. Over the period under review, the average export prices reached the peak figure at $18,798 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($108,547 per ton), while the average price for exports to Saudi Arabia ($2,598 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 Nigeria (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $24,715 per ton in 2022, with an increase of 4.7% against the previous year. Over the period under review, the import price recorded a tangible expansion. The pace of growth appeared the most rapid in 2017 an increase of 53% against the previous year. The import price peaked at $40,705 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the Netherlands ($83,657 per ton), while the price for China ($5,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India

In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from India skyrocketed to 1.4K tons, with an increase of 53% against the previous year. In general, exports saw a significant expansion. As a result, the exports attained 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 $17M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.71.03.75.396.4%
China1.21.63.44.959.8%
Netherlands2.22.71.12.88.4%
Spain1.81.10.61.7-1.9%
Saudi ArabiaN/A0.30.50.752.8%
EcuadorN/A1.24.0N/A233.3%
Others0.41.80.91.348.1%
Total6.39.614.216.738.4%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from India in 2022:

  1. China (758.8 tons)
  2. Saudi Arabia (252.9 tons)
  3. Spain (190.6 tons)
  4. Netherlands (83.2 tons)
  5. United States (49.2 tons)

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India

For the fourth consecutive year, India recorded growth in supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which increased by 22% to 570 tons in 2022. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 surged to $14M in 2022. Overall, imports, however, saw a abrupt decline.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.12.34.46.3-17.2%
United States2.73.43.74.014.0%
Japan2.31.91.32.0-4.6%
China0.50.71.11.130.1%
ItalyN/A0.7N/AN/A0%
Others0.80.60.60.7-4.4%
Total17.59.611.014.1-6.9%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to India in 2022:

  1. United States (249.3 tons)
  2. China (216.5 tons)
  3. Netherlands (75.3 tons)
  4. Japan (25.1 tons)

Source: IndexBox Market Intelligence Platform

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