Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey - 2024
Contents:
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (CIF) - 2022
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (FOB) - 2022
- Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey
- Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (CIF) - 2022
The average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 stood at $46,370 per ton in 2022, with an increase of 24% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 89%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($85,383 per ton), while the price for Germany ($6,972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (FOB) - 2022
In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $64,672 per ton, increasing by 120% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2020 an increase of 731% against the previous year. As a result, the export price attained the peak level of $276,121 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($205,442 per ton), while the average price for exports to Yemen ($30,528 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey
In 2022, overseas purchases of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 decreased by -0.2% to 78 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 decreased by -10.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 60%. As a result, imports reached the peak of 87 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 surged to $3.6M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +27.3% 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 +106.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 337 | 539 | 753 | 163 | -21.5% |
| China | 224 | 389 | 497 | 107 | -21.8% |
| India | 264 | 511 | 463 | 100 | -27.6% |
| Germany | 266 | 403 | 399 | 86.2 | -31.3% |
| United States | 96.5 | 196 | 393 | 85.0 | -4.1% |
| Switzerland | 282 | 341 | 324 | 70.0 | -37.2% |
| Netherlands | 79.8 | 81.2 | 68.2 | 11.3 | -47.9% |
| Mexico | 26.0 | 57.7 | 43.7 | 9.5 | -28.5% |
| Others | 172 | 200 | -25.1 | 2,971 | 158.5% |
| Total | 1,746 | 2,718 | 2,916 | 3,603 | 27.3% |
Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Turkey in 2022:
- Germany (12.4 tons)
- Switzerland (7.2 tons)
- Japan (5.0 tons)
- United States (2.1 tons)
- India (1.5 tons)
- Mexico (1.3 tons)
- China (1.3 tons)
- Netherlands (0.9 tons)
Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey
In 2022, shipments abroad of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 decreased by -6.6% to 485 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 470%. As a result, the exports reached the peak of 519 kg, and then fell in the following year.
In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 surged to $31K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 4,427%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 0.5 | 22.9 | 27.9 | 29.8 | 290.6% |
| Ethiopia | N/A | 0.7 | 0.7 | 0.9 | 13.4% |
| Others | N/A | 1.5 | -13.4 | 0.7 | -31.7% |
| Total | 0.6 | 25.1 | 15.3 | 31.4 | 274.0% |
Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from Turkey in 2022:
- Yemen (975.0 kg)
- Ethiopia (23.0 kg)
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