Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (FOB) - 2022
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (CIF) - 2022
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
- Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (FOB) - 2022
In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $2,905 per ton, with an increase of 50% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $5,614 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($6,224 per ton), while the average price for exports to Germany ($2,384 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 Germany (+2.1%), while the prices for the other major destinations experienced a decline.
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (CIF) - 2022
In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $10,684 per ton, dropping by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2015 an increase of 42% against the previous year. As a result, import price reached the peak level of $12,572 per ton. From 2016 to 2022, the average 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 Germany ($24,706 per ton), while the price for Poland ($3,152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Belgium shrank dramatically to 18K tons, which is down by -19.8% on the previous year's figure. Overall, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports attained the peak of 22K tons, and then dropped sharply in the following year.
In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $52M in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.6 | 19.7 | 33.9 | 37.6 | 15.2% |
| France | 1.2 | 1.3 | 2.8 | 2.4 | 26.0% |
| Netherlands | 0.5 | 0.9 | 0.8 | 2.3 | 66.3% |
| Italy | 0.1 | 0.4 | 0.3 | 1.8 | 162.1% |
| Others | 2.2 | 4.2 | 5.7 | 8.1 | 54.4% |
| Total | 28.6 | 26.5 | 43.5 | 52.2 | 22.2% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Belgium in 2022:
- Germany (15.8K tons)
- Italy (0.5K tons)
- France (0.4K tons)
- Netherlands (0.4K tons)
Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium
In 2022, purchases abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -12.4% to 4.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 5.1K tons, and then fell in the following year.
In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell dramatically to $48M in 2022. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports reached the peak of $57M, and then reduced remarkably in the following year.
| Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.4 | 4.5 | 34.5 | 22.6 | 88.0% |
| India | 2.0 | 2.2 | 3.7 | 7.0 | 51.8% |
| Japan | 0.2 | 3.2 | 3.6 | 5.2 | 196.2% |
| China | 6.1 | 3.9 | 3.7 | 4.6 | -9.0% |
| Netherlands | 1.7 | 2.2 | 3.2 | 3.1 | 22.2% |
| South Korea | N/A | N/A | 2.4 | 2.1 | -12.5% |
| Poland | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| United Kingdom | 0.9 | 1.1 | 0.1 | 0.1 | -51.9% |
| Finland | 13.9 | 10.9 | N/A | N/A | -21.6% |
| Others | 2.6 | 2.8 | 5.5 | 2.8 | 2.5% |
| Total | 31.0 | 30.9 | 57.0 | 47.8 | 15.5% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Belgium in 2022:
- Japan (1089.4 tons)
- Germany (913.8 tons)
- India (656.6 tons)
- China (552.9 tons)
- South Korea (479.8 tons)
- Netherlands (405.4 tons)
- Poland (126.4 tons)
- United Kingdom (22.8 tons)
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