Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in India - 2023
Contents:
- Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (CIF) - 2023
- Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (FOB) - 2023
- Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India
- Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India
Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (CIF) - 2023
The average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $11,972 per ton in October 2023, standing approximately at the previous month. In general, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in April 2023 an increase of 9.1% month-to-month. Over the period under review, average import prices hit record highs at $17,495 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($15,728 per ton), while the price for China amounted to $11,799 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-2.8%).
Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (FOB) - 2023
In October 2023, the average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $11,134 per ton, with a decrease of -23.2% against the previous month. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 117% against the previous month. Over the period under review, the average export prices hit record highs at $52,151 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Nigeria ($19,261 per ton), while the average price for exports to Saudi Arabia ($9,660 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+127.4%), 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; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India
In 2022, overseas purchases of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s were finally on the rise to reach 2.1K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s surged to $44M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 15.1 | 14.9 | 23.1 | 34.3 | 31.5% |
France | 5.5 | 5.7 | 5.1 | 8.5 | 15.6% |
Singapore | 2.0 | 2.9 | 0.6 | 0.8 | -26.3% |
Others | 0.6 | 0.3 | 0.7 | 0.4 | -12.6% |
Total | 23.1 | 23.7 | 29.5 | 44.1 | 24.1% |
Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to India in 2022:
- China (1676.6 tons)
- France (409.2 tons)
- Singapore (40.7 tons)
Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India
In 2022, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s from India reduced remarkably to 49 tons, which is down by -60.9% compared with the previous year's figure. In general, exports faced a precipitous contraction. The smallest decline of -19.8% was in 2020.
In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s fell sharply to $1.1M in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -20.7% was in 2020.
Export of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 382 | 0% |
Egypt | 27.9 | 18.5 | 0.2 | 195 | 91.2% |
Bangladesh | 131 | 79.3 | 36.1 | 88.6 | -12.2% |
United States | 2,201 | 2,157 | 715 | 86.2 | -66.0% |
Nigeria | 23.7 | 37.1 | 63.7 | 85.4 | 53.3% |
United Arab Emirates | 77.8 | 12.3 | 22.9 | 78.9 | 0.5% |
Mexico | 335 | 143 | 1.3 | 9.8 | -69.2% |
Nepal | 1.7 | 0.8 | 0.8 | 7.9 | 66.9% |
Colombia | 162 | N/A | N/A | 0.1 | -91.5% |
Japan | 167 | 207 | N/A | N/A | 24.0% |
France | 316 | 23.0 | N/A | N/A | -92.7% |
Australia | 160 | 134 | 167 | N/A | 2.2% |
Turkey | 382 | 136 | 121 | N/A | -43.7% |
Others | 663 | 738 | 527 | 214 | -31.4% |
Total | 4,648 | 3,685 | 1,655 | 1,148 | -37.3% |
Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) from India in 2022:
- Germany (13.5 tons)
- United States (7.7 tons)
- Egypt (7.0 tons)
- United Arab Emirates (6.1 tons)
- Nepal (3.2 tons)
- Nigeria (2.6 tons)
- Bangladesh (2.5 tons)
- Mexico (0.5 tons)
This report provides an in-depth analysis of the market for aldehyde-alcohols, aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function in India.
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