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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $6,330 per ton, reducing by -10% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 66%. Over the period under review, average import prices hit record highs at $11,497 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($13,589 per ton), while the price for Spain amounted to $3,769 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%).

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, when their volume decreased by -6.3% to 6.9 tons. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 72%. As a result, imports reached the peak of 7.3 tons, and then reduced in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes plummeted to $43K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 92%. As a result, imports reached the peak of $52K, and then contracted remarkably in the following year.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.316.836.423.217.5%
Spain7.17.314.518.938.6%
Others0.92.70.61.415.9%
Total22.226.951.543.525.1%

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

  1. Spain (5.0 tons)
  2. Germany (1.7 tons)

Source: IndexBox Market Intelligence Platform

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