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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $3,713 per ton, with an increase of 8.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the peak figure at $3,907 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,800 per ton), while the price for the Netherlands ($3,658 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $5,500 per ton in 2022, increasing by 106% against the previous year. In general, the export price saw a perceptible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +4.8% per year.

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

In 2022, approx. 8.2 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Guatemala; reducing by -46% compared with 2021. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 15 tons, and then dropped dramatically in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes dropped markedly to $30K in 2022. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $52K, and then reduced markedly in the following year.

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

1. Netherlands (4.2 tons)
2. China (2.3 tons)
3. Spain (1.7 tons)

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

For the third year in a row, Guatemala recorded decline in shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -95.1% to 6 kg in 2022. Over the period under review, exports faced a precipitous decline. The smallest decline of -8.2% was in 2021.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes declined sharply to $33 in 2022. Overall, exports showed a dramatic decline. The smallest decline of -9.1% was in 2021.

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

1. El Salvador (6.0 kg)

Source: IndexBox Market Intelligence Platform