Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sweden - 2023

Contents:

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

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sweden (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $20,673 per ton, dropping by -15% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 29%. As a result, import price attained the peak level of $33,594 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($64,971 per ton), while the price for the UK ($8,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sweden (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $54,704 per ton, with an increase of 6.1% against the previous year. Overall, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($54,959 per ton), while the average price for exports to Norway amounted to $30,072 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+46.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sweden

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Sweden expanded markedly to 11 tons, surging by 13% on the previous year's figure. The total import volume increased at an average annual rate of +8.2% over the period 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 17% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank to $235K in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of $244K, and then contracted modestly in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Sweden in 2022:

1. Germany (10.2 tons)
2. India (0.4 tons)
3. France (0.4 tons)
4. Indonesia (0.2 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Sweden

For the third consecutive year, Sweden recorded decline in shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, which decreased by -15.4% to 937 kg in 2022. Over the period under review, exports continue to indicate a abrupt decline.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol reduced to $51K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +40.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports attained the peak of $57K, and then declined in the following year.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Sweden in 2022:

1. Denmark (912.0 kg)
2. Norway (7.0 kg)

Source: IndexBox Market Intelligence Platform