Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the UK
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 7.5 | 4.4 | 5.2 | 4.8 | -13.8% |
Belgium | N/A | N/A | 1.8 | 4.7 | 161.1% |
India | N/A | N/A | N/A | 0.2 | 0% |
Germany | 1.0 | 0.3 | 0.2 | N/A | -55.3% |
Others | 3.7 | 2.5 | 0.7 | 1.2 | -31.3% |
Total | 12.3 | 7.2 | 7.9 | 10.9 | -3.9% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to the UK in 2022:
- Netherlands (3091.0 tons)
- Belgium (1708.9 tons)
- India (96.4 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 290 | 437 | 172 | 156 | -18.7% |
United Arab Emirates | N/A | N/A | 0.1 | 127 | 126900.0% |
France | 47.6 | 42.3 | 351 | 111 | 32.6% |
Japan | N/A | N/A | N/A | 47.2 | 0% |
Italy | 10.3 | 36.8 | 24.5 | 18.9 | 22.4% |
Netherlands | 775 | 0.2 | 304 | 12.3 | -74.9% |
Philippines | 3.0 | N/A | 8.6 | 8.6 | 42.1% |
Denmark | 5.5 | 4.6 | 3.6 | 6.9 | 7.9% |
Brazil | 14.9 | 16.8 | N/A | 3.4 | -38.9% |
South Korea | 178 | 1.5 | 2.1 | 2.7 | -75.2% |
Ireland | 3,940 | 3,532 | 1.6 | 1.2 | -93.3% |
Others | 67.0 | 55.4 | 138 | 48.4 | -10.3% |
Total | 5,332 | 4,126 | 1,005 | 544 | -53.3% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from the UK in 2022:
- France (50.5 tons)
- United Arab Emirates (13.9 tons)
- Germany (6.3 tons)
- Japan (4.0 tons)
- Denmark (1.7 tons)
- Philippines (1.5 tons)
- Brazil (1.3 tons)
- Italy (1.3 tons)
- Netherlands (1.0 tons)
- South Korea (0.1 tons)
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