Report Update Jan 1, 2025

World - Octanol (Octyl Alcohol) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Global Octyl Alcohol Market 2025

Octyl Alcohol Market Size

In 2022, the global octyl alcohol market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Octyl Alcohol Production

In value terms, octyl alcohol production amounted to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 16%. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Octyl Alcohol Exports

Exports

In 2022, the amount of octanol (octyl alcohol) and isomers thereof exported worldwide dropped remarkably to X tons, which is down by -19.9% compared with 2021 figures. Overall, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, octyl alcohol exports reduced markedly to $X in 2022. In general, exports continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports reached the peak of $X, and then reduced markedly in the following year.

Exports by Country

The shipments of the ten major exporters of octanol (octyl alcohol) and isomers thereof, namely Saudi Arabia, Germany, the United States, Indonesia, South Korea, China, Taiwan (Chinese), the Netherlands, France and Malaysia, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +102.6%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Germany ($X) and the United States ($X) were the countries with the highest levels of exports in 2022, with a combined 47% share of global exports. Indonesia, the Netherlands, South Korea, China, France, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further 46%.

Among the main exporting countries, France, with a CAGR of +90.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average octyl alcohol export price stood at $X per ton in 2022, growing by 3.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the other global leaders experienced more modest paces of growth.

Octyl Alcohol Imports

Imports

Global octyl alcohol imports dropped significantly to X tons in 2022, with a decrease of -20.2% on the previous year's figure. Overall, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, octyl alcohol imports shrank to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Turkey (X tons) and China (X tons) represented roughly 37% of total imports in 2022. It was distantly followed by the United States (X tons), comprising a 6.1% share of total imports. The following importers - Mexico (X tons), India (X tons), Vietnam (X tons), South Korea (X tons), France (X tons), Italy (X tons), Brazil (X tons), Pakistan (X tons), Belgium (X tons) and Germany (X tons) - together made up 36% of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +80.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022, with a combined 41% share of global imports. Mexico, France, India, Italy, South Korea, Vietnam, Belgium, Brazil, Pakistan and Germany lagged somewhat behind, together accounting for a further 36%.

Brazil, with a CAGR of +71.1%, recorded 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

In 2022, the average octyl alcohol import price amounted to $X per ton, with an increase of 8.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 52%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the United States ($X per ton) and Germany ($X per ton), while Brazil ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for octanol (octyl alcohol) and isomers thereof in the world?

The country with the largest volume of octyl alcohol consumption was China, comprising approx. 21% of total volume. Moreover, octyl alcohol consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of octanol (octyl alcohol) and isomers thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 36% share of global production.

What are the leading suppliers of octanol (octyl alcohol) and isomers thereof in the world?

In value terms, Germany, the Netherlands and the United States constituted the countries with the highest levels of exports in 2021, with a combined 46% share of global exports.

What are the leading importers of octanol (octyl alcohol) and isomers thereof in the world?

In value terms, Turkey, China and Belgium constituted the countries with the highest levels of imports in 2021, together comprising 41% of global imports. These countries were followed by the United States, South Korea, Italy, Mexico, Pakistan, France, Thailand, India, Vietnam and Malaysia, which together accounted for a further 36%.

What is the average export price for octanol (octyl alcohol) and isomers thereof in the world?

In 2021, the average octyl alcohol export price amounted to $1,298 per ton, growing by 18% against the previous year.

What is the average import price for octanol (octyl alcohol) and isomers thereof in the world?

The average octyl alcohol import price stood at $1,293 per ton in 2021, with an increase of 31% against the previous year.

This report provides an in-depth analysis of the global octyl alcohol market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024