Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (FOB) - 2022
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (CIF) - 2023
In December 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,053 per ton, shrinking by -8.2% against the previous month. Over the period under review, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 10% m-o-m. Over the period under review, average import prices attained the peak figure at $1,649 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($1,845 per ton), while the price for Malaysia ($828 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (FOB) - 2022
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,861 per ton in 2022, surging by 71% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +10.4% 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 acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by +71.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($8,591 per ton), while the average price for exports to India ($343 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 South Africa (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia
In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into Australia was estimated at 95K tons, with an increase of 1.6% against the previous year. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $181M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.6 | 28.1 | 41.5 | 38.1 | 17.3% |
| Malaysia | 9.9 | 12.0 | 21.9 | 31.9 | 47.7% |
| Thailand | 15.8 | 17.0 | 18.7 | 27.1 | 19.7% |
| South Korea | 2.2 | 3.5 | 10.6 | 14.9 | 89.2% |
| United States | 10.4 | 10.0 | 12.2 | 13.0 | 7.7% |
| Singapore | 5.1 | 5.9 | 7.3 | 10.9 | 28.8% |
| Saudi Arabia | 0.2 | 0.7 | 8.9 | 9.9 | 267.2% |
| Indonesia | 4.8 | 3.9 | 6.3 | 8.2 | 19.5% |
| Germany | 3.5 | 2.9 | 3.6 | 5.9 | 19.0% |
| Mexico | 7.2 | 6.4 | 5.4 | 4.0 | -17.8% |
| South Africa | 1.6 | 2.1 | 3.6 | 3.1 | 24.7% |
| Taiwan (Chinese) | 1.1 | 2.3 | 2.4 | 2.3 | 27.9% |
| Others | 7.1 | 7.2 | 9.9 | 12.1 | 19.4% |
| Total | 92.4 | 102 | 152 | 181 | 25.1% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Australia in 2022:
- China (19.0K tons)
- Malaysia (17.2K tons)
- Thailand (15.0K tons)
- Saudi Arabia (8.2K tons)
- South Korea (7.0K tons)
- Singapore (5.5K tons)
- United States (5.0K tons)
- Indonesia (4.9K tons)
- Mexico (2.2K tons)
- Germany (1.9K tons)
- South Africa (1.7K tons)
- Taiwan (Chinese) (1.6K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -50.9% to 3.2K tons. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of 6.5K tons, and then shrank significantly in the following year.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined dramatically to $5.9M in 2022. In general, exports recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $7.1M, and then shrank markedly in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Timor-Leste | 655 | 2,170 | 2,664 | 1,156 | 20.8% |
| Papua New Guinea | 622 | 485 | 380 | 1,103 | 21.0% |
| New Zealand | 772 | 950 | 596 | 963 | 7.6% |
| China | 352 | 11.1 | 677 | 286 | -6.7% |
| Germany | N/A | 7.5 | 90.5 | 270 | 500.0% |
| Egypt | 255 | 292 | 213 | 266 | 1.4% |
| Malaysia | 113 | 320 | 79.2 | 99.8 | -4.1% |
| Singapore | 98.4 | 6.0 | 346 | 59.3 | -15.5% |
| India | 88.5 | 51.9 | 267 | 32.9 | -28.1% |
| Others | 3,285 | 1,776 | 1,762 | 1,705 | -19.6% |
| Total | 6,241 | 6,070 | 7,075 | 5,942 | -1.6% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Australia in 2022:
- Timor-Leste (1704.3 tons)
- New Zealand (387.7 tons)
- Papua New Guinea (324.1 tons)
- Malaysia (114.1 tons)
- Egypt (104.4 tons)
- India (96.0 tons)
- China (94.9 tons)
- Singapore (82.6 tons)
- Germany (78.3 tons)
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