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

Contents:

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

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $2,204 per ton in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, average import prices hit record highs at $2,459 per ton in 2020; however, from 2021 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 Belgium ($2,722 per ton), while the price for the Netherlands ($1,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $6,343 per ton, rising by 17% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 98%. As a result, the export price attained the peak level of $35,575 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($77,133 per ton), while the average price for exports to France ($2,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 4.9K tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into the UK; surging by 14% against the previous year. Over the period under review, imports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 47%.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $11M in 2022. In general, imports, however, recorded a pronounced reduction.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.54.45.24.8-13.8%
BelgiumN/AN/A1.84.7161.1%
IndiaN/AN/AN/A0.20%
Germany1.00.30.2N/A-55.3%
Others3.72.50.71.2-31.3%
Total12.37.27.910.9-3.9%

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

  1. Netherlands (3091.0 tons)
  2. Belgium (1708.9 tons)
  3. India (96.4 tons)
  4. Germany (3.0 tons)

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes exported from the UK declined significantly to 86 tons, with a decrease of -53.7% on 2021 figures. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell rapidly to $544K in 2022. In general, exports saw a sharp decline. The smallest decline of -22.6% was in 2020.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany290437172156-18.7%
United Arab EmiratesN/AN/A0.1127126900.0%
France47.642.335111132.6%
JapanN/AN/AN/A47.20%
Italy10.336.824.518.922.4%
Netherlands7750.230412.3-74.9%
Philippines3.0N/A8.68.642.1%
Denmark5.54.63.66.97.9%
Brazil14.916.8N/A3.4-38.9%
South Korea1781.52.12.7-75.2%
Ireland3,9403,5321.61.2-93.3%
Others67.055.413848.4-10.3%
Total5,3324,1261,005544-53.3%

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

  1. France (50.5 tons)
  2. United Arab Emirates (13.9 tons)
  3. Germany (6.3 tons)
  4. Japan (4.0 tons)
  5. Denmark (1.7 tons)
  6. Philippines (1.5 tons)
  7. Brazil (1.3 tons)
  8. Italy (1.3 tons)
  9. Netherlands (1.0 tons)
  10. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Aldehydes; cyclic, without other oxygen function, benzaldehyde - United Kingdom