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

Contents:

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

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Portugal (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 $22,283 per ton in 2022, remaining relatively unchanged against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s increased by +61.8% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 57%. As a result, import price attained the peak level of $22,582 per ton, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($24,201 per ton), while the price for the Netherlands ($10,876 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $22,497 per ton, waning by -7.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. As a result, the export price attained the peak level of $25,845 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cabo Verde ($27,450 per ton), while the average price for exports to Spain ($8,542 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 Spain (+35.2%).

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

In 2022, approx. 31 tons of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s were imported into Portugal; picking up by 5.8% on 2021. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s totaled $683K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Spain (20.5 tons)
2. France (5.9 tons)
3. Netherlands (4.0 tons)

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

In 2022, the amount of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s exported from Portugal contracted remarkably to 785 kg, shrinking by -30% on the year before. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then dropped markedly in the following year.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s reduced rapidly to $18K in 2022. Over the period under review, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 161%. As a result, the exports attained the peak of $27K, and then declined sharply in the following year.

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

1. Cabo Verde (549.0 kg)
2. Spain (192.0 kg)
3. Brazil (40.0 kg)

Source: IndexBox Market Intelligence Platform