Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States - 2023
Contents:
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (FOB) - 2023
- Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (CIF) - 2023
- Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States
- Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (FOB) - 2023
The average export price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $8,644 per ton in December 2023, reducing by -10.3% against the previous month. Overall, the export price recorded a perceptible slump. The growth pace was the most rapid in May 2023 when the average export price increased by 24% month-to-month. As a result, the export price reached the peak level of $13,218 per ton. From June 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was China ($18,715 per ton), while the average price for exports to Indonesia ($6,545 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 Brazil (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (CIF) - 2023
The average import price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $7,669 per ton in December 2023, leveling off at the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 17% month-to-month. As a result, import price reached the peak level of $9,761 per ton. From May 2023 to December 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 December 2023, the country with the highest price was China ($9,965 per ton), while the price for Germany ($6,362 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Switzerland (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States
Exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses from the United States was estimated at 6.5K tons in 2022, picking up by 8.2% against the previous year's figure. Overall, exports, however, saw a mild slump.
In value terms, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses soared to $61M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.1 | 16.6 | 16.8 | 24.6 | 0.7% |
| Spain | 3.3 | 2.5 | 5.4 | 7.6 | 32.1% |
| Mexico | 8.4 | 7.1 | 6.6 | 7.3 | -4.6% |
| Brazil | 4.3 | 3.7 | 2.4 | 3.6 | -5.8% |
| Singapore | 3.1 | 4.0 | 4.0 | 3.1 | 0.0% |
| India | 3.4 | 3.4 | 3.4 | 2.8 | -6.3% |
| China | 2.3 | 1.4 | 2.1 | 2.6 | 4.2% |
| Japan | 1.5 | 1.5 | 1.0 | 1.5 | 0.0% |
| Colombia | 0.7 | 1.0 | 1.4 | 1.4 | 26.0% |
| Others | 5.9 | 4.9 | 5.4 | 6.6 | 3.8% |
| Total | 56.9 | 46.0 | 48.6 | 61.2 | 2.5% |
Top Export Markets for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols from the United States in 2022:
- Germany (2865.5 tons)
- Spain (930.6 tons)
- Mexico (901.2 tons)
- Brazil (369.8 tons)
- India (245.4 tons)
- Singapore (240.1 tons)
- China (162.4 tons)
- Colombia (156.1 tons)
- Japan (154.5 tons)
Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States
In 2022, supplies from abroad of alcohols; unsaturated monohydric, acyclic terpene alcoholses decreased by -2.2% to 5.4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 29%.
In value terms, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses rose remarkably to $44M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.7 | 10.0 | 8.9 | 14.3 | 4.0% |
| Germany | 9.3 | 12.4 | 13.0 | 11.6 | 7.6% |
| Switzerland | 4.9 | 5.5 | 6.3 | 7.8 | 16.8% |
| Malaysia | 3.5 | 5.0 | 5.7 | 5.1 | 13.4% |
| China | 3.4 | 2.7 | 3.1 | 2.7 | -7.4% |
| Others | 3.0 | 2.1 | 2.1 | 2.9 | -1.1% |
| Total | 36.9 | 37.8 | 39.0 | 44.4 | 6.4% |
Top Suppliers of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols to the United States in 2022:
- Germany (1752.4 tons)
- India (1609.6 tons)
- Switzerland (1051.2 tons)
- Malaysia (656.6 tons)
- China (189.8 tons)
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