Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Israel - 2024

Contents:

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

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

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,866 per ton in 2022, jumping by 47% against the previous year. Over the period under review, the import price saw modest growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($2,866 per ton) and the United States ($2,866 per ton), while the price for Belgium ($2,865 per ton) and China ($2,866 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,906 per ton, jumping by 48% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +61.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 48% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($2,906 per ton) and India ($2,906 per ton), while the average price for exports to Poland ($2,905 per ton) and Italy ($2,906 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -26.5% to 324 tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 58%.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol expanded notably to $929K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +27.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +105.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. China (168.2 tons)
2. Netherlands (69.4 tons)
3. India (36.3 tons)
4. United States (23.4 tons)
5. Germany (22.7 tons)

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

In 2022, shipments abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -32% to 301 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a mild shrinkage. The growth pace was the most rapid in 2020 with an increase of 75%. As a result, the exports reached the peak of 551 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $876K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 60%. As a result, the exports attained the peak of $992K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (160.7 tons)
2. Latvia (34.1 tons)
3. Russia (34.1 tons)
4. Germany (18.9 tons)
5. India (12.7 tons)
6. Poland (9.6 tons)
7. Italy (8.3 tons)
8. France (5.2 tons)

Source: IndexBox Market Intelligence Platform