Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium - 2023

Contents:

1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium (FOB) - 2023
2. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium (CIF) - 2022
3. Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium
4. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium (FOB) - 2023

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $2,310 per ton in November 2023, stabilizing at the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 1,179% month-to-month. As a result, the export price attained the peak level of $33,976 per ton. From February 2023 to November 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In November 2023, the countries with the highest prices were Germany ($2,639 per ton) and the United States ($2,453 per ton), while the average price for exports to the UK ($2,024 per ton) and Spain ($2,173 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium (CIF) - 2022

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $3,650 per ton, declining by -44.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 54%. Over the period under review, average import prices hit record highs at $6,542 per ton in 2021, and then fell sharply 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 China ($65,682 per ton), while the price for Spain ($2,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium

In 2022, shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -50.3% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 277%. As a result, the exports reached the peak of 6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell dramatically to $7.2M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 230%.

Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Belgium in 2022:

1. United Kingdom (1684.5 tons)
2. Germany (281.7 tons)
3. United States (276.8 tons)
4. South Korea (118.1 tons)
5. Czech Republic (98.9 tons)
6. Italy (49.1 tons)
7. Spain (49.0 tons)
8. India (0.3 tons)

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Belgium

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Belgium shrank modestly to 39 tons, with a decrease of -2.3% against the year before. Overall, imports showed a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes declined markedly to $142K in 2022. Over the period under review, imports recorded a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year.

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Belgium in 2022:

1. Germany (32.9 tons)
2. France (3.5 tons)
3. Netherlands (1.1 tons)
4. United States (0.6 tons)
5. Spain (0.4 tons)
6. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform