Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $9,363 per ton, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,731 per ton), while the price for the Netherlands ($4,291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $22,726 per ton in 2022, dropping by -51% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 95% against the previous year. The export price peaked at $46,982 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($80,807 per ton), while the average price for exports to the Czech Republic ($6,327 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 the Netherlands (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany
In 2022, the amount of alcohols; aromatic and derivatives, other than benzyl alcohol imported into Germany shrank to 1.5K tons, falling by -5.3% against 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 9.9%. As a result, imports reached the peak of 1.6K tons, and then fell in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank modestly to $14M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $15M, and then shrank modestly in the following year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 7.3 | 7.5 | 7.6 | 3.3% |
| Spain | 1.0 | 0.5 | 1.4 | 1.8 | 21.6% |
| United States | 2.0 | 1.5 | 1.2 | 1.3 | -13.4% |
| India | 0.6 | 0.7 | 2.1 | 1.2 | 26.0% |
| Netherlands | 0.7 | 0.7 | 0.7 | 0.7 | 0.0% |
| Czech Republic | 0.4 | 0.5 | 0.3 | 0.2 | -20.6% |
| United Kingdom | 0.3 | 0.1 | 0.4 | N/A | 15.5% |
| Others | 0.4 | 0.8 | 1.4 | 1.5 | 55.4% |
| Total | 12.4 | 12.1 | 15.0 | 14.3 | 4.9% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Germany in 2022:
- China (819.2 tons)
- India (177.4 tons)
- Spain (175.4 tons)
- Netherlands (155.2 tons)
- United States (108.1 tons)
- Czech Republic (26.1 tons)
- United Kingdom (1.2 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany
After three years of growth, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -23.2% to 292 tons in 2022. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 380 tons, and then reduced notably in the following year.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol fell markedly to $6.6M in 2022. Overall, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of $18M, and then fell significantly in the following year.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7,000 | 8,499 | 11,927 | 1,349 | -42.2% |
| United Kingdom | 1,252 | 1,138 | 1,194 | 1,211 | -1.1% |
| Belgium | 86.1 | 29.8 | 534 | 647 | 95.9% |
| Italy | 452 | 536 | 572 | 625 | 11.4% |
| Spain | 590 | 1,027 | 718 | 506 | -5.0% |
| Netherlands | 239 | 190 | 313 | 290 | 6.7% |
| United States | 520 | 491 | 397 | 239 | -22.8% |
| Japan | 74.7 | 126 | 172 | 238 | 47.1% |
| Switzerland | 290 | 326 | 298 | 226 | -8.0% |
| India | 169 | 164 | 244 | 200 | 5.8% |
| Turkey | 80.9 | 75.7 | 126 | 167 | 27.3% |
| Singapore | 137 | 102 | 82.2 | 106 | -8.2% |
| Czech Republic | 59.2 | 43.8 | 52.9 | 31.3 | -19.1% |
| Others | 1,132 | 913 | 968 | 792 | -11.2% |
| Total | 12,082 | 13,660 | 17,599 | 6,627 | -18.1% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Germany in 2022:
- Belgium (70.9 tons)
- France (69.2 tons)
- Italy (22.9 tons)
- Spain (19.2 tons)
- United Kingdom (15.0 tons)
- United States (12.0 tons)
- Switzerland (9.6 tons)
- Netherlands (8.8 tons)
- India (8.7 tons)
- Japan (7.1 tons)
- Turkey (5.1 tons)
- Czech Republic (5.0 tons)
- Singapore (4.8 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Germany.
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