Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (FOB) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (CIF) - 2023
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $14,090 per ton, declining by -7.1% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 47% against the previous year. The export price peaked at $33,672 per ton in 2012; however, from 2013 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 the Netherlands ($20,782 per ton), while the average price for exports to China ($12,737 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.5%), while the prices for the other major destinations experienced a decline.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (CIF) - 2023
In November 2023, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $11,605 per ton, which is down by -1.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 5.5% month-to-month. Over the period under review, average import prices hit record highs at $13,150 per ton in April 2023; however, from May 2023 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Germany ($12,265 per ton) and Singapore ($12,090 per ton), while the price for China ($11,287 per ton) and Malaysia ($11,489 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India
After three years of growth, shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -22.3% to 16K tons in 2022. Overall, exports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2021 when exports increased by 16%. As a result, the exports attained the peak of 21K tons, and then declined significantly in the following year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank dramatically to $229M in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.9%.
Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 265 | 203 | 227 | 153 | -16.7% |
United States | 33.7 | 23.8 | 18.5 | 16.8 | -20.7% |
Singapore | 20.6 | 13.0 | 9.5 | 9.5 | -22.7% |
Japan | 11.7 | 10.1 | 10.2 | 7.1 | -15.3% |
Netherlands | 12.6 | 11.1 | 8.0 | 7.0 | -17.8% |
France | 10.6 | 8.5 | 6.0 | 5.5 | -19.6% |
Others | 43.7 | 42.0 | 37.9 | 29.8 | -12.0% |
Total | 397 | 311 | 317 | 229 | -16.8% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from India in 2022:
- China (12.0K tons)
- United States (0.9K tons)
- Singapore (0.6K tons)
- Japan (0.4K tons)
- Netherlands (0.3K tons)
- France (0.3K tons)
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India
In 2022, after three years of growth, there was significant decline in overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, when their volume decreased by -20.6% to 3.8K tons. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol declined significantly to $48M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $65M, and then reduced remarkably in the following year.
Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 20.1 | 24.6 | 41.2 | 28.6 | 12.5% |
Germany | 9.2 | 4.3 | 8.5 | 5.9 | -13.8% |
Singapore | 6.9 | 13.6 | 3.8 | 5.5 | -7.3% |
United States | 0.8 | 0.8 | 5.7 | 4.0 | 71.0% |
China | 2.8 | 3.0 | 3.9 | 2.7 | -1.2% |
Belgium | 0.2 | 2.6 | 0.9 | 0.8 | 58.7% |
Netherlands | 0.4 | 1.2 | 0.7 | 0.5 | 7.7% |
Others | 1.0 | 1.5 | 0.6 | 0.3 | -33.1% |
Total | 41.4 | 51.5 | 65.3 | 48.4 | 5.3% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to India in 2022:
- Malaysia (2211.5 tons)
- Germany (494.6 tons)
- Singapore (450.7 tons)
- United States (333.4 tons)
- China (179.5 tons)
- Belgium (80.8 tons)
- Netherlands (48.6 tons)
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