Global Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size

The global denatured ethyl alcohol market reached $X in 2023, rising by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Denatured Ethyl Alcohol Production

In value terms, denatured ethyl alcohol production expanded markedly to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Denatured Ethyl Alcohol Exports

Exports

In 2023, the amount of denatured ethyl alcohol and other denatured spirits exported worldwide rose remarkably to X litres, with an increase of X% against the previous year. In general, exports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X litres. From 2019 to 2023, the growth of the global exports failed to regain momentum.

In value terms, denatured ethyl alcohol exports rose significantly to $X in 2023. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. The global exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

The United States prevails in exports structure, amounting to X litres, which was approx. X% of total exports in 2023. It was distantly followed by the Netherlands (X litres), generating a X% share of total exports. The following exporters - South Africa (X litres), Spain (X litres) and France (X litres) - each reached a X% share of total exports.

Exports from the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, Spain (X%), South Africa (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States, the Netherlands, South Africa and Spain increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest denatured ethyl alcohol supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of global exports. It was followed by France, with a X% share.

In the United States, denatured ethyl alcohol exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

In 2023, the average denatured ethyl alcohol export price amounted to $X per litre, waning by X% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while South Africa ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports

Imports

In 2023, global imports of denatured ethyl alcohol and other denatured spirits expanded modestly to X litres, surging by X% on the previous year. Over the period under review, total imports indicated noticeable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, global imports attained the peak figure at X litres in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, denatured ethyl alcohol imports fell to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, global imports hit record highs at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, the Netherlands (X litres), distantly followed by South Korea (X litres), India (X litres), the Philippines (X litres), Spain (X litres), the UK (X litres), Germany (X litres) and Peru (X litres) represented the largest importers of denatured ethyl alcohol and other denatured spirits, together committing X% of total imports. Nigeria (X litres), the Czech Republic (X litres), Finland (X litres), the United Arab Emirates (X litres) and Belgium (X litres) took a little share of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Finland (X%), the Czech Republic (X%), India (X%), Spain (X%), South Korea (X%), Belgium (X%), Peru (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The UK experienced a relatively flat trend pattern. By contrast, Nigeria (X%), the United Arab Emirates (X%) and Germany (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), India (X p.p.), South Korea (X p.p.), Spain (X p.p.), Finland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the global imports, while the UK, Nigeria, the United Arab Emirates and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), the Philippines ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of global imports. The UK, Germany, South Korea, Spain, Nigeria, Peru, the Czech Republic, Belgium, Finland and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average denatured ethyl alcohol import price stood at $X per litre in 2023, dropping by X% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. Global import price peaked at $X per litre in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per litre), while South Korea ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform