Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (FOB) - 2023
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (CIF) - 2023
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $721 per ton in October 2023, picking up by 12% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 13% m-o-m. The import price peaked at $935 per ton in March 2023; however, from April 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($6,644 per ton), while the price for Equatorial Guinea ($274 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (FOB) - 2023
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,404 per ton in October 2023, picking up by 1.5% against the previous month. In general, the export price, however, showed a mild descent. The pace of growth appeared the most rapid in January 2023 an increase of 40% m-o-m. The export price peaked at $1,896 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,379 per ton), while the average price for exports to Portugal ($854 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain
In 2022, supplies from abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -4.8% to 1.1M tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 3.2%. As a result, imports reached the peak of 1.1M tons, and then shrank in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded sharply to $991M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +57.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 152 | 138 | 196 | 211 | 11.6% |
| Saudi Arabia | 142 | 103 | 176 | 141 | -0.2% |
| Netherlands | 49.1 | 52.4 | 75.9 | 97.9 | 25.9% |
| France | 61.2 | 60.4 | 78.2 | 83.1 | 10.7% |
| United States | 48.8 | 35.6 | 41.7 | 82.0 | 18.9% |
| Belgium | 17.6 | 43.8 | 58.4 | 75.9 | 62.8% |
| Trinidad and Tobago | 59.9 | 26.0 | 58.4 | 63.8 | 2.1% |
| Equatorial Guinea | 33.5 | 28.1 | 49.3 | 50.3 | 14.5% |
| Egypt | 35.9 | 32.8 | 49.3 | 36.7 | 0.7% |
| Others | 121 | 111 | 132 | 149 | 7.2% |
| Total | 720 | 631 | 915 | 991 | 11.2% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Spain in 2022:
- Saudi Arabia (206.4K tons)
- Trinidad and Tobago (166.2K tons)
- United States (154.2K tons)
- Equatorial Guinea (127.5K tons)
- Egypt (90.5K tons)
- Netherlands (88.7K tons)
- Germany (70.8K tons)
- Belgium (52.4K tons)
- France (40.3K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain
After three years of growth, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -9.5% to 145K tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3.9% against the previous year. As a result, the exports attained the peak of 160K tons, and then declined in the following year.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses reduced to $272M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 increased by +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, the exports attained the peak of $297M, and then declined in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 42.3 | 39.0 | 73.3 | 72.9 | 19.9% |
| Italy | 28.7 | 25.4 | 62.3 | 49.7 | 20.1% |
| Germany | 28.9 | 26.1 | 44.7 | 37.7 | 9.3% |
| Portugal | 18.1 | 14.4 | 20.5 | 20.9 | 4.9% |
| Netherlands | 6.5 | 7.1 | 13.8 | 11.6 | 21.3% |
| Belgium | 2.2 | 6.8 | 5.0 | 8.0 | 53.8% |
| Algeria | 4.4 | 3.1 | 5.9 | 4.2 | -1.5% |
| Bulgaria | N/A | 0.1 | 0.1 | 3.7 | 508.3% |
| Others | 44.8 | 51.7 | 71.3 | 63.1 | 12.1% |
| Total | 176 | 174 | 297 | 272 | 15.6% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Spain in 2022:
- France (54.3K tons)
- Germany (21.4K tons)
- Italy (19.6K tons)
- Portugal (14.9K tons)
- Bulgaria (8.0K tons)
- Netherlands (4.0K tons)
- Belgium (3.9K tons)
- Algeria (1.6K tons)
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