Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (CIF) - 2023
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (FOB) - 2023
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (CIF) - 2023
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $1,647 per ton in November 2023, with a decrease of -70.3% against the previous month. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in August 2023 an increase of 99% against the previous month. Over the period under review, average import prices reached the maximum at $22,399 per ton in April 2023; however, from May 2023 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($1,869 per ton), while the price for China amounted to $1,568 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.4%).
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (FOB) - 2023
In November 2023, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $1,494 per ton, reducing by -2.9% against the previous month. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 74% m-o-m. The export price peaked at $4,799 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In November 2023, the countries with the highest prices were the United States ($1,996 per ton) and the UK ($1,556 per ton), while the average price for exports to the Philippines ($1,331 per ton) and Taiwan (Chinese) ($1,507 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India
In 2022, approx. 2.5K tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into India; waning by -26.4% on the previous year's figure. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 16%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes declined slightly to $25M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $26M, leveling off in the following year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.6 | 19.5 | 21.4 | 23.0 | 7.3% |
| Netherlands | 3.7 | 2.7 | 3.4 | 2.0 | -18.5% |
| Belgium | 0.4 | 0.1 | 0.5 | 0.2 | -20.6% |
| Others | 0.6 | 0.2 | 0.2 | 0.1 | -45.0% |
| Total | 23.4 | 22.4 | 25.5 | 25.3 | 2.6% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to India in 2022:
- China (1549.7 tons)
- Netherlands (840.0 tons)
- Belgium (85.8 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India
In 2022, approx. 3.5K tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were exported from India; waning by -21% compared with the year before. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes declined to $8.4M in 2022. Overall, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 33%.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3,633 | 2,038 | 1,765 | 1,839 | -20.3% |
| Philippines | 2,070 | 846 | 470 | 1,558 | -9.0% |
| United States | 1,496 | 1,985 | 3,171 | 1,475 | -0.5% |
| Taiwan (Chinese) | 1,616 | 408 | 1,193 | 1,111 | -11.7% |
| United Kingdom | 249 | N/A | N/A | 664 | 38.7% |
| Singapore | 127 | 58.1 | 210 | 178 | 11.9% |
| Japan | 128 | 87.7 | 175 | 129 | 0.3% |
| Italy | 657 | 227 | N/A | 32.3 | -63.4% |
| Germany | 661 | 338 | 268 | 27.4 | -65.4% |
| Others | 2,976 | 873 | 1,875 | 1,352 | -23.1% |
| Total | 13,612 | 6,860 | 9,128 | 8,366 | -15.0% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from India in 2022:
- South Korea (845.8 tons)
- Philippines (837.6 tons)
- United States (723.0 tons)
- Taiwan (Chinese) (537.7 tons)
- United Kingdom (336.0 tons)
- Singapore (70.6 tons)
- Japan (52.8 tons)
- Italy (17.6 tons)
- Germany (17.6 tons)
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