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

Contents:

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

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

In November 2023, the average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $19,499 per ton, jumping by 34% against the previous month. Over the period under review, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 1,180% month-to-month. As a result, import price reached the peak level of $344K per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Indonesia ($56,071 per ton), while the price for China ($17,015 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $32,411 per ton in 2022, increasing by 33% against the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 74% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($53,177 per ton), while the average price for exports to Jordan ($16,435 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 Colombia (+55.4%), 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 the UK

In 2022, overseas purchases of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -7.9% to 478 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of 726 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s expanded notably to $16M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (309.9 tons)
2. France (126.9 tons)
3. Italy (18.4 tons)
4. Germany (2.5 tons)

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

In 2022, overseas shipments of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -52% to 71 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year. As a result, the exports attained the peak of 319 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s fell rapidly to $2.3M in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 40%. As a result, the exports reached the peak of $4.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Germany (11.5 tons)
2. Japan (9.3 tons)
3. Ireland (7.4 tons)
4. Slovenia (7.3 tons)
5. Jordan (5.5 tons)
6. France (4.6 tons)
7. Singapore (3.5 tons)
8. Nigeria (3.4 tons)
9. Sri Lanka (2.4 tons)
10. United States (2.3 tons)
11. Barbados (1.8 tons)
12. Colombia (1.6 tons)
13. Spain (1.3 tons)

Source: IndexBox Market Intelligence Platform