Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,734 per ton in 2022, with a decrease of -7.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 57% against the previous year. As a result, import price reached the peak level of $4,215 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 ($11,440 per ton), while the price for China ($2,363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (FOB) - 2022

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,978 per ton in 2022, increasing by 30% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +107.1% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Finland ($23,006 per ton), while the average price for exports to Sweden ($3,132 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 Sweden (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Denmark surged to 123 tons, jumping by 99% compared with the previous year's figure. In general, imports, however, continue to indicate a abrupt setback.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $461K in 2022. Over the period under review, imports saw a mild expansion.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14516321419610.6%
India30.7N/AN/A54.621.2%
China55.792.8N/A52.3-2.1%
Netherlands8.9N/AN/A35.258.1%
Belgium1.00.80.434.8226.5%
United States70.499.221.733.6-21.9%
United Kingdom4.55.77.827.683.0%
Poland1243380.312.9-53.0%
Others0.37.56.514.1260.9%
Total4407072514611.6%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Denmark in 2022:

  1. Germany (51.7 tons)
  2. China (22.1 tons)
  3. India (21.0 tons)
  4. Belgium (11.4 tons)
  5. Netherlands (6.0 tons)
  6. United Kingdom (4.1 tons)
  7. United States (2.9 tons)
  8. Poland (2.4 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 23% to 53 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous slump.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $211K in 2022. Over the period under review, exports, however, saw a abrupt setback.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden15953.678.792.1-16.6%
Norway82.14.40.468.3-5.9%
Finland1.357.613.041.5217.2%
Others11.99.539.18.8-9.6%
Total254125131211-6.0%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Denmark in 2022:

  1. Sweden (29.4 tons)
  2. Norway (21.0 tons)
  3. Finland (1.8 tons)

Source: IndexBox Market Intelligence Platform

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