Phenyl Ethyl Alcohol Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Phenyl Ethyl Alcohol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Phenyl Ethyl Alcohol Price Trend for the Second Half of 2023

Phenyl ethyl alcohol price trends were observed to be highly fluctuating for the entire period of H2’23. The market started on a higher note at the beginning of the third quarter following the spike in crude oil prices; after OPEC+ actions, the feedstock benzene and ethylene oxide prices also picked up.

Phenyl Ethyl Alcohol Price Chart

Phenyl Ethyl Alcohol Price Trends

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This pushed the upstream costs for phenyl ethyl alcohol up in the early months. However, during the fourth quarter the market dynamics were slightly reversed. With global trade on a decline and crude oil prices plummeting again, the phenyl ethyl alcohol price trend also took a backtrack. Industrial demands dipped for phenyl ethyl alcohol, and the price graph started tilting downwards, imparting variations in the overall trajectory.

Analyst Insight

According to Procurement Resource, the Phenyl Ethyl Alcohol price trends are expected to continue to waver in the coming months; the market will continue to be demand-dependent.

Phenyl Ethyl Alcohol Price Trend for the First Half of 2023

The price trend for Phenyl Ethyl Alcohol closely mimic that of its feedstocks, namely Benzene and Ethylene Oxide. Downstream demands from the perfume and flavor industries also played an important role in determining the market behavior. As the Chinese market was trying to revive itself after the COVID–19 lockdown, consumer behavior was still very necessity-centric since the economic activities were shut off for such a long time. At the same time, rising inflation in European markets skyrocketed the costs of living. Overall, the market sentiments around Phenyl Ethyl Alcohol were observed to be really dull.

Though there was some strength in the market at the beginning of the first quarter since the upstream costs were high, but sullen downstream demands kept the price trend south-facing. High benzene prices did provide some cost support; hence, the overall market sentiments remained bearish throughout.

Analyst insight

According to Procurement Resource, the Phenyl Ethyl Alcohol prices are expected to continue similar struggling market behaviors as the inventories are high and demands are steady.

Procurement Resource provides latest prices of Phenyl Ethyl Alcohol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Phenyl Ethyl Alcohol occurs widely in nature and is the primary alcohol where a phenyl group substitutes ethanol at position 2. It is a colourless liquid, miscible with most organic solvents but slightly soluble in water. Phenyl Ethyl Alcohol, owing to its pleasant floral odour, is widely used as a fragrance ingredient in several applications.

Product Details

Report Features Details
Product Name Phenyl Ethyl Alcohol
Industrial Uses Odour agents, Flavours and perfumery, Air care products, Cosmetics and personal care products , Cigarettes
Chemical Formula C8H10O
Synonyms 60-12-8, 2-Phenylethan-1-ol, 2-Phenylethanol, Benzyl carbinol, β-Hydroxyethylbenzene, Benzeneethanol 
Molecular Weight 122.16 g/mol
Supplier Database Berjé Inc, Eternis Fine Chemicals Limited, LyondellBasell Industries Holdings B.V, Fleurchem, Inc, Tokyo Chemical Industry Co., Ltd, Treat Plc
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Phenyl Ethyl Alcohol via Hydrogenation; and via Friedel-Crafts Reaction between Benzene and Ethylene Oxide

In order to produce Phenyl Ethyl Alcohol via Friedel-Crafts reaction, benzene is utilised as a starting product. In this process, benzene reacts with ethylene oxide over aluminium trichloride to finally produce Phenyl Ethyl Alcohol.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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