Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus - 2022

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $25,728 per ton, with an increase of 16% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42%. As a result, import price attained the peak level of $37,697 per ton. From 2015 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 the UK ($60,290 per ton), while the price for Lithuania ($14,406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $56,712 per ton in 2022, growing by 9.5% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 204% against the previous year. Over the period under review, the average export prices hit record highs at $62,791 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($1,196,948 per ton), while the average price for exports to Russia stood at $14,115 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+41.9%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus

In 2022, supplies from abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -6.3% to 2.5 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 -21.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 95% against the previous year. As a result, imports attained the peak of 3.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reached $64K in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of $69K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Belarus in 2022:

1. Germany (822.0 kg)
2. China (398.0 kg)
3. Lithuania (181.0 kg)
4. United Kingdom (119.0 kg)
5. United States (58.0 kg)
6. Russia (32.0 kg)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Belarus

In 2022, approx. 248 kg of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were exported from Belarus; increasing by 103% compared with the previous year. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,209%. As a result, the exports reached the peak of 576 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $14K in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 848%. As a result, the exports attained the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Belarus in 2022:

1. Russia (239.0 kg)
2. South Africa (9.0 kg)

Source: IndexBox Market Intelligence Platform