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

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ecuador (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ecuador

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,289 per ton in 2022, growing by 27% against the previous year. In general, the import price, however, recorded a mild setback. Over the period under review, average import prices reached the peak figure at $5,072 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3,500 per ton) and Belgium ($3,355 per ton), while the price for Spain ($2,987 per ton) and China ($3,308 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes into Ecuador fell modestly to 3.1 tons, waning by -4.4% against the previous year's figure. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 3.2 tons, and then declined in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $10K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.23.24.35.318.3%
Belgium0.1N/AN/A2.8203.7%
Spain2.21.60.91.8-6.5%
India0.61.91.8N/A73.2%
Others2.70.51.30.2-58.0%
Total8.87.28.310.14.7%

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

  1. China (1601.0 kg)
  2. Belgium (840.0 kg)
  3. Spain (596.0 kg)
  4. India (10.0 kg)

Source: IndexBox Market Intelligence Platform

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