Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $33,877 per ton, surging by 8% against the previous year. Overall, the import price posted a strong expansion. The growth pace was the most rapid in 2015 an increase of 139%. Over the period under review, average import prices hit record highs at $62,831 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55,412 per ton), while the price for France ($4,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $17,143 per ton, reducing by -14.3% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 425%. Over the period under review, the average export prices attained the peak figure at $64,417 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 the Philippines ($26,000 per ton), while the average price for exports to India ($2,000 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 the Philippines (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia
In 2022, purchases abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -20.1% to 1.6 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 44%. As a result, imports attained the peak of 2.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes declined to $56K in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 23%.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.7 | 17.2 | 29.7 | 30.7 | 18.0% |
| United States | 17.2 | 27.4 | 18.7 | 21.7 | 8.1% |
| India | 1.1 | 1.1 | 1.1 | 0.9 | -6.5% |
| Germany | 0.9 | 1.0 | 1.6 | 0.9 | 0.0% |
| France | N/A | N/A | 2.8 | 0.8 | -71.4% |
| Belgium | 0.1 | 0.8 | 1.2 | 0.7 | 91.3% |
| Spain | 0.3 | 1.1 | 2.1 | N/A | 164.6% |
| Malaysia | N/A | 2.7 | N/A | N/A | 0% |
| Singapore | 0.6 | 0.5 | 0.3 | N/A | -29.3% |
| Netherlands | 1.2 | N/A | N/A | N/A | 0% |
| Others | 4.7 | 3.5 | 7.1 | N/A | 22.9% |
| Total | 44.7 | 55.2 | 64.6 | 55.7 | 7.6% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Australia in 2022:
- China (828.0 kg)
- United States (391.0 kg)
- France (200.0 kg)
- India (150.0 kg)
- Germany (44.0 kg)
- Belgium (32.0 kg)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia
In 2022, approx. 7 kg of aldehydes; cyclic, without other oxygen function, benzaldehydes were exported from Australia; growing by 17% compared with 2021 figures. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 75%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $120 in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 287% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Australia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 40.0 | 19.0 | 102 | 104 | 37.5% |
| New Zealand | 1.0 | 1.0 | 9.0 | 8.0 | 100.0% |
| Fiji | 3.0 | 1.0 | 6.0 | 6.0 | 26.0% |
| India | 2.0 | 1.0 | 3.0 | 2.0 | 0.0% |
| France | N/A | 2.0 | N/A | N/A | 0% |
| Papua New Guinea | N/A | 5.0 | N/A | N/A | 0% |
| Others | N/A | 2.0 | N/A | N/A | 0% |
| Total | 46.0 | 31.0 | 120 | 120 | 37.7% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Australia in 2022:
- Philippines (4.0 kg)
- India (1.0 kg)
- Fiji (1.0 kg)
- New Zealand (1.0 kg)
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