Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $19,580 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 7.5% against the previous year. The import price peaked at $32,717 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($32,418 per ton), while the price for Italy ($10,536 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $25,989 per ton, shrinking by -31% against the previous year. In general, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 51% against the previous year. The export price peaked at $39,219 per ton in 2019; however, from 2020 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 North Macedonia ($33,000 per ton), while the average price for exports to Montenegro ($21,271 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 North Macedonia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia

After three years of growth, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -39.3% to 29 tons in 2022. Over the period under review, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of 49 tons, and then dropped sharply in the following year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined notably to $577K in 2022. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $952K, and then contracted sharply in the following year.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany390425714319-6.5%
China97.514989.71031.8%
India84.510253.266.5-7.7%
Italy5.44.68.152.3113.2%
Others71.764.987.436.6-20.1%
Total650745952577-3.9%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Serbia in 2022:

  1. Germany (17.0 tons)
  2. Italy (5.0 tons)
  3. India (3.6 tons)
  4. China (3.2 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia

In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Serbia soared to 994 kg, jumping by 198% on the previous year. Over the period under review, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $26K in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina7.09.06.515.730.9%
Montenegro6.36.05.49.715.5%
North Macedonia12.09.8N/AN/A-18.3%
OthersN/AN/A0.60.3-50.0%
Total25.324.712.525.80.7%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Serbia in 2022:

  1. Bosnia and Herzegovina (518.0 kg)
  2. Montenegro (458.0 kg)
  3. North Macedonia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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