Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy - 2023

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (CIF) - 2023
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (FOB) - 2023
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (CIF) - 2023

The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $578 per ton in October 2023, shrinking by -30.9% against the previous month. Overall, the import price showed a abrupt decline. The pace of growth appeared the most rapid in February 2023 an increase of 18% against the previous month. As a result, import price reached the peak level of $1,355 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,937 per ton), while the price for Egypt ($293 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (FOB) - 2023

In October 2023, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $3,293 per ton, growing by 69% against the previous month. Overall, export price indicated prominent growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by +126.1% against August 2023 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 external markets. In October 2023, the country with the highest price was the United States ($4,656 per ton), while the average price for exports to Morocco ($738 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.8%), 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 Italy

Imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Italy declined modestly to 1M tons in 2022, falling by -4.9% on the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 1.1M tons, and then contracted modestly in the following year.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses rose sharply to $1.3B in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +79.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21719333932814.8%
Netherlands52.566.212413737.7%
France94.710414013312.0%
Belgium73.662.685.110412.2%
Saudi Arabia90.648.582.885.9-1.8%
United States23.032.535.181.352.3%
Egypt38.542.887.847.77.4%
Trinidad and Tobago34.75.917.525.8-9.4%
Azerbaijan14.418.910.421.113.6%
Others17814430132522.2%
Total8177181,2241,28916.4%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Italy in 2022:

  1. Saudi Arabia (166.4K tons)
  2. United States (155.8K tons)
  3. Germany (155.8K tons)
  4. Egypt (121.6K tons)
  5. Trinidad and Tobago (64.5K tons)
  6. France (59.0K tons)
  7. Netherlands (50.4K tons)
  8. Belgium (49.7K tons)
  9. Azerbaijan (47.3K tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy

Exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Italy was estimated at 77K tons in 2022, growing by 7.4% compared with the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $152M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +59.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.818.921.027.213.1%
Japan6.58.410.019.444.0%
Spain11.311.412.619.018.9%
France9.89.612.017.320.9%
United States4.45.65.87.318.4%
Slovenia3.73.85.16.420.0%
Netherlands4.41.61.66.212.1%
Switzerland2.53.43.46.235.4%
Turkey3.53.02.22.9-6.1%
Poland7.81.62.32.8-28.9%
Austria1.11.21.52.531.5%
Croatia1.10.92.62.124.1%
Romania1.30.81.02.015.4%
Others32.025.127.330.6-1.5%
Total10895.210915212.1%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Italy in 2022:

  1. Germany (18.3K tons)
  2. France (9.5K tons)
  3. Spain (8.5K tons)
  4. Slovenia (5.8K tons)
  5. Netherlands (5.0K tons)
  6. Austria (4.7K tons)
  7. Japan (4.0K tons)
  8. Switzerland (3.0K tons)
  9. United States (1.6K tons)
  10. Croatia (1.6K tons)
  11. Romania (1.3K tons)
  12. Poland (1.3K tons)
  13. Turkey (1.2K tons)

Source: IndexBox Market Intelligence Platform

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