Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in China - 2023

Contents:

  1. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (FOB) - 2023
  2. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (CIF) - 2022
  3. Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China
  4. Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (FOB) - 2023

The average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $11,342 per ton in December 2023, with a decrease of -6.7% against the previous month. In general, the export price showed a slight descent. The pace of growth was the most pronounced in August 2023 an increase of 15% month-to-month. As a result, the export price reached the peak level of $14,025 per ton. From September 2023 to December 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($16,109 per ton), while the average price for exports to India ($8,416 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (CIF) - 2022

The average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $36,847 per ton in 2022, surging by 8.8% against the previous year. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($49,030 per ton), while the price for the United States ($22,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China

For the fourth consecutive year, China recorded growth in shipments abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s, which increased by 7.8% to 13K tons in 2022. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s skyrocketed to $304M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.550.164.565.725.2%
Germany31.231.134.641.710.2%
India15.217.021.332.729.1%
Brazil6.25.97.316.338.0%
Netherlands3.74.111.415.460.9%
Indonesia8.09.310.113.719.6%
Singapore6.16.28.412.025.3%
Spain5.94.69.311.123.4%
Mexico1.83.05.410.278.3%
France7.46.510.67.3-0.5%
Egypt5.14.37.27.111.7%
Japan3.03.03.97.133.3%
Russia1.22.12.15.768.1%
Others33.237.842.257.920.4%
Total16218523930423.3%

Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) from China in 2022:

  1. United States (2552.3 tons)
  2. India (1708.8 tons)
  3. Germany (1692.5 tons)
  4. Brazil (796.3 tons)
  5. Indonesia (710.5 tons)
  6. Netherlands (678.1 tons)
  7. Singapore (550.4 tons)
  8. Spain (544.0 tons)
  9. Mexico (527.4 tons)
  10. France (326.7 tons)
  11. Egypt (305.3 tons)
  12. Japan (303.3 tons)
  13. Russia (255.8 tons)

Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China

After three years of growth, purchases abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -39.9% to 78 tons in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 102%.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s fell markedly to $2.9M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 128% against the previous year.

Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway59.68302,0561,933218.9%
France36161069058917.7%
United States14527.019327323.5%
Indonesia8421,7121,409N/A29.4%
Others48.914064.389.622.4%
Total1,4563,3184,4112,88625.6%

Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to China in 2022:

  1. Norway (39.4 tons)
  2. France (24.7 tons)
  3. United States (12.0 tons)

Source: IndexBox Market Intelligence Platform

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