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

Contents:

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

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

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $6,652 per ton in 2022, declining by -2.4% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +26.9% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 64% against the previous year. As a result, import price reached the peak level of $10,518 per ton. From 2018 to 2022, the average 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 Germany ($20,010 per ton), while the price for the Netherlands ($2,760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $6,000 per ton in 2022, growing by 34% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 88%. Over the period under review, the average export prices reached the maximum at $18,265 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +20.0% per year.

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

In 2022, supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -5.4% to 22 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 29 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol contracted to $144K in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22%.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49.156.040.472.914.1%
China9.210.421.956.683.2%
DenmarkN/A4.816.05.46.1%
India1.93.22.54.230.3%
Netherlands2.78.85.02.92.4%
Italy1.42.21.5N/A3.5%
Others61.768.269.22.5-65.7%
Total1261531561444.6%

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

  1. China (15.3 tons)
  2. Germany (3.6 tons)
  3. India (1.2 tons)
  4. Netherlands (1.0 tons)
  5. Denmark (0.4 tons)

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

After three years of growth, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -99.5% to 1 kg in 2022. Overall, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 1,317% against the previous year.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol fell remarkably to $6 in 2022. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 2,012% against the previous year.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ukraine (USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/A5.03.0-40.0%
Moldova1.065.017.0N/A312.3%
ArmeniaN/A4.0N/AN/A0%
China14.0N/AN/AN/A0%
United States1.08.0N/AN/A700.0%
FranceN/A49.0N/AN/A0%
Georgia1.09.02.0N/A41.4%
OthersN/A2249233.0-88.4%
Total17.03599476.0-29.3%

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

  1. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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