Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia - 2024
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,907 per ton, surging by 45% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +61.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,159 per ton), while the price for Germany ($2,187 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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (FOB) - 2022
The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,091 per ton in 2022, surging by 27% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices reached the maximum at $3,748 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +29.8% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia
In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Australia expanded significantly to 950 tons, growing by 14% against the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $2.8M in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 87% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 241 | 804 | 549 | 1,267 | 73.9% |
| China | 670 | 1,008 | 861 | 1,208 | 21.7% |
| Germany | 55.6 | 83.6 | 113 | 160 | 42.2% |
| Others | 102 | 102 | 142 | 127 | 7.6% |
| Total | 1,069 | 1,997 | 1,666 | 2,762 | 37.2% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Australia in 2022:
- India (467.6 tons)
- China (398.6 tons)
- Germany (73.3 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia
After three years of growth, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -18.4% to 203 tons in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 499% against the previous year.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol rose modestly to $424K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 921%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 17.5 | 106 | 408 | 420 | 188.4% |
| China | N/A | 63.3 | N/A | N/A | 0% |
| Others | N/A | 9.0 | 2.2 | 3.4 | -38.5% |
| Total | 17.5 | 178 | 410 | 424 | 189.4% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Australia in 2022:
- New Zealand (202.5 tons)
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