Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Colombia - 2022

Contents:

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

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $4,225 per ton in 2022, jumping by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($33,705 per ton), while the price for India ($3,285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $4,267 per ton, increasing by 14% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The growth pace was the most rapid in 2018 when the average export price increased by 56%. The export price peaked at $10,343 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($10,770 per ton), while the average price for exports to Venezuela amounted to $4,206 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+5.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -21.7% to 30 tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when imports increased by 152% against the previous year. As a result, imports attained the peak of 49 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes rose to $128K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130%. As a result, imports reached the peak of $159K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.256.948.255.982.5%
Netherlands12.619.78.031.535.7%
India21.043.453.022.01.6%
Belgium7.55.711.39.89.3%
United States16.732.61.73.8-38.9%
Others1.80.31.25.343.3%
Total68.915912312822.9%

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

  1. China (11.6 tons)
  2. Netherlands (8.6 tons)
  3. India (6.7 tons)
  4. Belgium (2.3 tons)
  5. United States (1.0 tons)

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes exported from Colombia skyrocketed to 12 tons, rising by 180% compared with 2021 figures. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes soared to $50K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela6.514.413.049.296.3%
Peru2.11.81.61.1-19.4%
OthersN/AN/A1.20.2-83.3%
Total8.616.215.850.580.4%

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

  1. Venezuela (11.7 tons)
  2. Peru (0.1 tons)

Source: IndexBox Market Intelligence Platform

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