Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ethiopia - 2022

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ethiopia (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ethiopia

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

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,645 per ton in 2022, waning by -43.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 169%. Over the period under review, average import prices hit record highs at $6,400 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,678 per ton), while the price for Tanzania ($336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Ethiopia soared to 12 tons, with an increase of 81% compared with the year before. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 147% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol rose to $42K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 342%. As a result, imports attained the peak of $43K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain3.514.71.111.448.2%
Germany1.78.315.010.080.5%
China2.65.31.46.636.4%
India0.52.22.53.081.7%
TanzaniaN/AN/AN/A0.80%
EgyptN/A4.5N/AN/A0%
Others1.68.320.610.184.8%
Total9.843.340.642.062.4%

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

  1. Bahrain (5.2 tons)
  2. Tanzania (2.4 tons)
  3. Germany (1.5 tons)
  4. China (1.1 tons)
  5. India (0.7 tons)

Source: IndexBox Market Intelligence Platform

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