Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (CIF) - 2023
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (FOB) - 2022
- Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (CIF) - 2023
The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $7,390 per ton in November 2023, falling by -20% against the previous month. In general, the import price saw a noticeable shrinkage. The growth pace was the most rapid in October 2023 when the average import price increased by 58% month-to-month. The import price peaked at $13,000 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($21,922 per ton), while the price for the Netherlands ($2,166 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (FOB) - 2022
In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $15,111 per ton, dropping by -13.5% against the previous year. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in 2019 an increase of 33%. The export price peaked at $26,590 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($30,447 per ton), while the average price for exports to Portugal ($5,464 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 India (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK
In 2022, the amount of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into the UK fell to 8K tons, which is down by -12.9% on 2021 figures. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 1.8%.
In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $71M in 2022. In general, imports saw a pronounced reduction.
| Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.4 | 34.1 | 23.7 | 32.8 | 10.4% |
| Germany | 10.2 | 10.3 | 10.3 | 13.8 | 10.6% |
| India | 17.5 | 8.3 | 8.8 | 8.3 | -22.0% |
| Netherlands | 8.2 | 7.9 | 7.2 | 4.3 | -19.4% |
| Spain | 5.9 | 2.4 | 3.3 | 2.1 | -29.1% |
| France | 4.4 | 4.6 | 4.6 | 1.8 | -25.8% |
| Belgium | 1.2 | 1.0 | 0.9 | 0.4 | -30.7% |
| Others | 3.8 | 3.6 | 9.4 | 7.6 | 26.0% |
| Total | 75.5 | 72.2 | 68.1 | 71.1 | -2.0% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to the UK in 2022:
- China (2515.0 tons)
- Germany (2467.1 tons)
- Netherlands (1481.3 tons)
- India (928.6 tons)
- Belgium (129.6 tons)
- France (103.6 tons)
- Spain (87.3 tons)
Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK
In 2022, shipments abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -7.3% to 576 tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank remarkably to $8.7M in 2022. Over the period under review, exports showed a dramatic contraction. The smallest decline of -3.2% was in 2020.
| Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6,276 | 4,366 | 636 | 1,948 | -32.3% |
| France | 2,868 | 1,763 | 1,517 | 920 | -31.5% |
| Germany | 1,896 | 1,891 | 827 | 713 | -27.8% |
| Ireland | 537 | 817 | 1,568 | 498 | -2.5% |
| Spain | 778 | 995 | 381 | 465 | -15.8% |
| Finland | 35.4 | 52.3 | N/A | 397 | 123.8% |
| Netherlands | 272 | 227 | 637 | 179 | -13.0% |
| Turkey | 753 | 225 | 109 | 169 | -39.2% |
| Belgium | 360 | 298 | 212 | 143 | -26.5% |
| Hungary | 137 | 103 | 34.6 | 143 | 1.4% |
| Portugal | 108 | 130 | 48.7 | 66.2 | -15.1% |
| Czech Republic | 376 | 490 | 58.9 | 18.8 | -63.2% |
| Others | 4,342 | 6,785 | 4,835 | 3,047 | -11.1% |
| Total | 18,737 | 18,144 | 10,864 | 8,708 | -22.5% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from the UK in 2022:
- Italy (84.2 tons)
- Germany (79.2 tons)
- Spain (76.8 tons)
- France (75.5 tons)
- Finland (68.0 tons)
- Turkey (24.8 tons)
- Ireland (20.7 tons)
- Belgium (13.4 tons)
- Hungary (13.3 tons)
- Portugal (12.1 tons)
- Netherlands (11.5 tons)
- Czech Republic (3.2 tons)
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