Diols and polyhydric alcohols market
Diols and polyhydric alcohols market: find the latest datasets provided by an Ai-driven market research platform. Info cover consumption, market prices, trade, market size, companies, exports, imports, and production. There is a breakdown by country, including Africa, EU, the U.K., the U.S., the Middle East, Russia, China, and Latin America. Market insights and outlook to 2030 are also provided in the snapshots.
Diols and Polyhydric Alcohols - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | United States |
| 4 | Germany |
| 5 | Japan |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
In China, the diols and polyhydric alcohols market increased at an average annual rate of +1.3% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (+3.8% per year) and the United States (-7.1% per year).
Diols And Polyhydric Alcohols Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| South Korea | 1710 | 1325 | 1081 | -20.5% |
| Sweden | 1814 | 1686 | 1180 | -19.3% |
| Saudi Arabia | 1339 | 1219 | 1202 | -5.3% |
| Brazil | 1742 | 1597 | 1367 | -11.4% |
| Netherlands | 1965 | 1765 | 1541 | -11.4% |
| United States | 2213 | 2127 | 1783 | -10.2% |
| Japan | 2405 | 2309 | 1952 | -9.9% |
| Germany | 2693 | 2281 | 2021 | -13.4% |
| China | 2568 | 2148 | 2121 | -9.1% |
| Belgium | 2819 | 2454 | 2137 | -12.9% |
| France | 3786 | 3975 | 3208 | -7.9% |
| Average | 2297 | 2071 | 1783 | -11.9% |
Prices varied noticeably by the country of origin; the country with the highest price was France ($3,208 per ton), while South Korea ($1,081 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Japan | 2938 | 2758 | 2285 | -11.8% |
| United States | 2718 | 2605 | 2238 | -9.3% |
| Germany | 2369 | 2421 | 2177 | -4.1% |
| Vietnam | 2459 | 2419 | 1816 | -14.1% |
| Belgium | 2224 | 2150 | 1757 | -11.1% |
| South Korea | 2080 | 1898 | 1731 | -8.8% |
| Spain | 2102 | 1757 | 1643 | -11.6% |
| Netherlands | 1909 | 1788 | 1604 | -8.3% |
| Brazil | 1486 | 1424 | 1586 | 3.3% |
| Italy | 2179 | 1833 | 1535 | -16.1% |
| India | 1983 | 1646 | 1397 | -16.1% |
| China | 1991 | 1719 | 1293 | -19.4% |
| Taiwan (Chinese) | 1768 | 1391 | 1217 | -17.0% |
| Average | 2197 | 2027 | 1786 | -9.8% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($2,285 per ton), while Taiwan (Chinese) ($1,217 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced a decline in the import price figures.
Diols and Polyhydric Alcohols - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.4 | 0.4 | 0.3 | -12.2% |
| United States | 0.3 | 0.3 | 0.2 | -15.2% |
| South Korea | 0.3 | 0.2 | 0.2 | -16.2% |
| Germany | 0.2 | 0.2 | 0.2 | -8.6% |
| Italy | 0.3 | 0.2 | 0.2 | -14.4% |
In value terms, the largest diols and polyhydric alcohols importing markets worldwide were China ($313M), the United States ($230M) and South Korea ($210M), with a combined 26% share of global imports. Germany, Italy, Japan, the Netherlands, India, Vietnam, Belgium, Taiwan (Chinese), Spain and Brazil lagged somewhat behind, together accounting for a further 44%.
Among the main importing countries, Vietnam (+117.9% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Diols and Polyhydric Alcohols - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.6 | 0.5 | 0.5 | -13.0% |
| Germany | 0.6 | 0.5 | 0.4 | -17.1% |
| United States | 0.4 | 0.4 | 0.3 | -14.0% |
| Netherlands | 0.3 | 0.2 | 0.2 | -15.6% |
| South Korea | 0.2 | 0.2 | 0.2 | -10.6% |
In value terms, China ($456M), Germany ($404M) and the United States ($324M) were the countries with the highest levels of exports in 2020, together comprising 55% of global exports. These countries were followed by the Netherlands, South Korea, Japan, France, Saudi Arabia, Belgium, Sweden and Brazil, which together accounted for a further 36%.
In terms of the main exporting countries, Belgium saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Diols and Polyhydric Alcohols - Market Forecast
Driven by increasing demand for diols and polyhydric alcohols worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Diols and Polyhydric Alcohols - Product Coverage
- HS 290539 - Alcohols; acyclic, diols, other than ethylene glycol (ethandiol) or propylene glycol (propane-1,2-diol)
- HS 290541 - Alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane)
- HS 290542 - Alcohols; polyhydric, pentaerythritol
- HS 290543 - Alcohols; polyhydric, mannitol
- HS 290549 - Alcohols; polyhydric, n.e.s. in item no. 2905.4
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