Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece - 2023

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $5,822 per ton, with an increase of 5.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 82% against the previous year. The import price peaked at $9,165 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($9,004 per ton), while the price for the Netherlands ($3,559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $9,421 per ton, waning by -2.1% against the previous year. In general, export price indicated a measured expansion from 2015 to 2022: its price increased at an average annual rate of +3.8% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -6.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure at $10,093 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($31,406 per ton), while the average price for exports to Spain ($3,370 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol into Greece reduced dramatically to 16 tons, which is down by -51.3% on the year before. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell markedly to $95K in 2022. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10580.010349.7-22.1%
Italy16.417.715.619.35.6%
Spain9.17.46.49.82.5%
PolandN/AN/AN/A9.00%
Netherlands3.84.96.54.55.8%
Bulgaria18.8N/AN/A1.7-55.1%
China87.3N/AN/AN/A0%
IrelandN/AN/A20.6N/A0%
United KingdomN/A6.623.5N/A256.1%
Others0.80.47.40.5-14.5%
Total24111718394.5-26.8%

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

  1. Germany (5.9 tons)
  2. Italy (4.9 tons)
  3. Spain (2.7 tons)
  4. Netherlands (1.3 tons)
  5. Poland (1.0 tons)
  6. Bulgaria (0.4 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -24.1% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted markedly to $10K in 2022. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania6.210.810.55.1-6.3%
Cyprus1.93.33.44.533.3%
SpainN/AN/AN/A0.80%
Albania0.7N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total9.114.113.910.34.2%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Greece in 2022:

  1. Romania (725.0 kg)
  2. Spain (230.0 kg)
  3. Cyprus (143.0 kg)

Source: IndexBox Market Intelligence Platform

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