Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $39,441 per ton in 2022, with an increase of 38% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aldehydes; cyclic, without other oxygen function, benzaldehydes increased by +102.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 47% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +2.8% per year.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $4,079 per ton in 2022, waning by -43.9% against the previous year. Overall, the import price showed a precipitous setback. The pace of growth appeared the most rapid in 2014 an increase of 34%. The import price peaked at $45,213 per ton in 2017; however, from 2018 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 United States ($24,272 per ton), while the price for Spain totaled $2,355 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-7.3%).
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama
For the third consecutive year, Panama recorded decline in shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -26.9% to 556 kg in 2022. Over the period under review, exports continue to indicate a significant curtailment.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $22K in 2022. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 0.5%.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 71.3 | 21.7 | 21.8 | 21.9 | -32.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.3 | 21.7 | 21.8 | 21.9 | -32.5% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Panama in 2022:
- Venezuela (556.0 kg)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama
In 2022, approx. 2.1 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Panama; surging by 127% on the previous year's figure. Overall, imports recorded a significant expansion. 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 $8.8K in 2022. In general, imports, however, continue to indicate a abrupt descent.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.6 | 3.5 | 2.6 | 4.7 | 21.8% |
| United States | 4.9 | 6.0 | 4.3 | 4.1 | -5.8% |
| Others | 4.7 | N/A | N/A | N/A | 0% |
| Total | 12.2 | 9.5 | 6.9 | 8.8 | -10.3% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Panama in 2022:
- Spain (2.0 tons)
- United States (0.2 tons)
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