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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $42,050 per ton, rising by 2.6% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aldehydes; cyclic, without other oxygen function, benzaldehydes increased by +66.4% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 45%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Belgium ($57,000 per ton), while the price for Sweden ($25,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -69.7% to 20 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 2,673%. As a result, imports reached the peak of 610 kg. 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 dropped sharply to $841 in 2022. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2020 with an increase of 3,567% against the previous year. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.40.71.80.614.5%
Belgium0.19.70.80.226.0%
SwedenN/A0.10.10.10.0%
IndiaN/A9.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.620.42.70.810.1%

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

  1. Germany (13.0 kg)
  2. Sweden (4.0 kg)
  3. Belgium (3.0 kg)

Source: IndexBox Market Intelligence Platform

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