Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain (FOB) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain (CIF) - 2023
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $16,043 per ton in 2022, increasing by 27% against the previous year. Overall, the export price saw measured growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 69% against the previous year. The export price peaked at $17,838 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($89,411 per ton), while the average price for exports to Austria ($13,025 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 Australia (+35.5%), 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 Spain (CIF) - 2023
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $41,355 per ton in October 2023, increasing by 6.1% against the previous month. In general, the import price showed measured growth. The pace of growth was the most pronounced in June 2023 when the average import price increased by 138% m-o-m. As a result, import price attained the peak level of $61,316 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($255K per ton), while the price for the Netherlands ($19,054 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain
Exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Spain fell sharply to 1.2K tons in 2022, dropping by -23.6% against 2021. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of 1.5K tons, and then dropped sharply in the following year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses shrank slightly to $19M in 2022. In general, exports showed a abrupt slump. The smallest decline of -1.4% was in 2021.
Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | N/A | N/A | 1.1 | 5.7 | 418.2% |
Netherlands | 11.3 | 12.0 | 8.7 | 2.6 | -38.7% |
Finland | N/A | N/A | 0.4 | 2.0 | 400.0% |
United Kingdom | 6.6 | 1.3 | 1.6 | 1.5 | -39.0% |
Poland | 0.2 | N/A | 0.8 | 1.4 | 91.3% |
Austria | 1.7 | 1.0 | 1.2 | 1.1 | -13.5% |
Germany | 0.6 | 1.9 | 1.7 | 1.0 | 18.6% |
France | 0.9 | 0.6 | 0.7 | 0.7 | -8.0% |
Others | 2.4 | 2.7 | 3.2 | 2.7 | 4.0% |
Total | 23.6 | 19.5 | 19.3 | 18.6 | -7.6% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Spain in 2022:
- Portugal (400.0 tons)
- Netherlands (179.1 tons)
- Finland (139.7 tons)
- Poland (98.3 tons)
- Austria (86.0 tons)
- Germany (65.6 tons)
- United Kingdom (54.0 tons)
- France (33.6 tons)
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain
In 2022, approx. 1.7K tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Spain; increasing by 70% against the previous year. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $16M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.8 | 3.0 | 6.8 | 9.8 | 51.8% |
China | 0.4 | 0.5 | 1.1 | 2.8 | 91.3% |
Netherlands | 0.2 | 0.8 | 1.0 | 2.5 | 132.1% |
United States | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
Others | 0.2 | 0.4 | 0.9 | 0.9 | 65.1% |
Total | 4.2 | 5.0 | 10.1 | 16.2 | 56.8% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Spain in 2022:
- Germany (1052.7 tons)
- Netherlands (352.8 tons)
- China (238.3 tons)
- United States (12.7 tons)
This report provides an in-depth analysis of the aromatic alcohols market in Spain.
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