Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $27,167 per ton in 2022, reducing by -6.7% against the previous year. Over the period under review, the export price recorded a abrupt setback. The growth pace was the most rapid in 2017 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs at $97,009 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.8% per year.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $8,507 per ton in 2022, picking up by 6.9% against the previous year. Overall, the import price saw a prominent increase. The growth pace was the most rapid in 2016 when the average import price increased by 201%. Over the period under review, average import prices reached the maximum at $11,530 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($67,879 per ton), while the price for China ($2,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR
For the fourth consecutive year, Hong Kong SAR recorded growth in overseas shipments of aldehydes; cyclic, without other oxygen function, benzaldehydes, which increased by 491% to 408 kg in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $11K in 2022. Over the period under review, exports showed significant growth. 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.6 | 1.4 | 11.1 | 281.4% |
| India | 0.1 | 0.3 | 0.6 | N/A | 144.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 0.9 | 2.0 | 11.1 | 202.8% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Hong Kong SAR in 2022:
- China (408.0 kg)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hong Kong SAR
In 2022, approx. 4.4 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Hong Kong SAR; growing by 99% compared with the year before. Over the period under review, imports continue to indicate a tangible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $38K in 2022. In general, imports recorded a strong expansion. 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.7 | 17.6 | 13.0 | 22.7 | 13.1% |
| China | 4.4 | 0.8 | 3.4 | 6.4 | 13.3% |
| United Kingdom | N/A | N/A | N/A | 6.2 | 0% |
| Spain | 0.6 | 0.3 | 0.4 | 0.8 | 10.1% |
| Others | 1.5 | 1.3 | 0.9 | 1.7 | 4.3% |
| Total | 22.3 | 20.0 | 17.7 | 37.7 | 19.1% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Hong Kong SAR in 2022:
- China (2905.0 kg)
- United States (1313.0 kg)
- United Kingdom (91.0 kg)
- Spain (65.0 kg)
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