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

Contents:

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

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

In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $1,830 per ton, picking up by 22% against the previous year. In general, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $3,355 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,077 per ton), while the price for Spain ($1,828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -21.8% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 78%. As a result, imports attained the peak of 17 tons, and then dropped significantly in the following year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol shrank slightly to $24K in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 11%.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9.013.515.514.617.5%
China6.89.59.79.511.8%
Others5.0N/A0.1N/A-85.9%
Total20.823.025.224.15.0%

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

  1. Spain (8.0 tons)
  2. China (5.2 tons)

Source: IndexBox Market Intelligence Platform

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