Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland (FOB) - 2023
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland (CIF) - 2022
3. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland
4. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland (FOB) - 2023

In August 2023, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $5,330 per ton, approximately reflecting the previous month. Overall, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 188% month-to-month. Over the period under review, the average export prices hit record highs at $38,574 per ton in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From August 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +1.9% per month.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $26,005 per ton, increasing by 2.1% against the previous year. Overall, the import price saw a modest increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 60%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 the United States ($64,337 per ton), while the price for China ($7,689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Finland skyrocketed to 181 tons, with an increase of 35% compared with 2021. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses surged to $726K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Finland in 2022:

1. Netherlands (181.1 tons)

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Finland

In 2022, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -34.6% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of 226%. As a result, imports attained the peak of 3.5 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses contracted significantly to $31K in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 348% against the previous year. As a result, imports reached the peak of $60K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Finland in 2022:

1. Germany (508.0 kg)
2. Netherlands (424.0 kg)
3. Singapore (165.0 kg)
4. United Kingdom (23.0 kg)
5. France (14.0 kg)
6. Sweden (3.0 kg)
7. China (1.0 kg)

Source: IndexBox Market Intelligence Platform