Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde) in Turkey - 2023

Contents:

  1. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (CIF) - 2023
  2. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (FOB) - 2022
  3. Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey
  4. Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (CIF) - 2023

In December 2023, the average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s amounted to $16,377 per ton, which is down by -20% against the previous month. In general, the import price saw a slight contraction. The pace of growth appeared the most rapid in April 2023 an increase of 60% m-o-m. As a result, import price reached the peak level of $26,173 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($18,857 per ton), while the price for China stood at $9,887 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.8%).

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (FOB) - 2022

The average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s stood at $27,557 per ton in 2022, jumping by 24% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2014 an increase of 528%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($30,392 per ton), while the average price for exports to Turkmenistan ($19,628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey

Imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s into Turkey surged to 260 tons in 2022, rising by 18% compared with 2021 figures. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s surged to $5.6M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 112% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7041,4762,7053,75874.8%
China3448477961,65768.9%
FranceN/A3328.498.9-45.4%
Norway41048534.7N/A-70.9%
Others22.8N/A9.156.735.5%
Total1,4813,1413,5535,57055.5%

Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) to Turkey in 2022:

  1. United States (176.6 tons)
  2. China (75.3 tons)
  3. France (4.5 tons)

Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey

For the third year in a row, Turkey recorded decline in shipments abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s, which decreased by -42.4% to 2.3 tons in 2022. In general, exports faced a dramatic setback. The smallest decline of -23.7% was in 2021.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s shrank significantly to $63K in 2022. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1.9% against the previous year.

Export of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A27.00%
Azerbaijan7.80.511.325.648.6%
Romania25.3N/A5.07.6-33.0%
Turkmenistan40.045.9N/A2.4-60.9%
Tajikistan3.0N/AN/AN/A0%
SenegalN/AN/A13.6N/A0%
Saudi Arabia27.5N/AN/AN/A0%
EgyptN/A8.1N/AN/A0%
South AfricaN/A22.9N/AN/A0%
MauritaniaN/AN/A26.2N/A0%
Others2.28.531.4N/A277.8%
Total10685.887.562.6-16.1%

Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) from Turkey in 2022:

  1. Austria (1000.0 kg)
  2. Azerbaijan (900.0 kg)
  3. Romania (250.0 kg)
  4. Turkmenistan (121.0 kg)

Source: IndexBox Market Intelligence Platform

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