Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey - 2024
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $7,100 per ton in 2022, growing by 4.6% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aldehydes; cyclic, without other oxygen function, benzaldehydes increased by +14.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $7,292 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 the United States ($12,653 per ton), while the price for Spain ($3,913 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $20,500 per ton, surging by 30% against the previous year. In general, the export price posted slight growth. The pace of growth appeared the most rapid in 2018 an increase of 183% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Cyprus.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +45.5% per year.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, when their volume decreased by -45.8% to 16 tons. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2020 when imports increased by 107%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank rapidly to $110K in 2022. In general, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.2 | 35.8 | 46.1 | 41.7 | 37.0% |
| Netherlands | 5.5 | 8.2 | 11.9 | 22.1 | 59.0% |
| China | 2.9 | 35.2 | 35.2 | 20.4 | 91.6% |
| Belgium | 4.0 | 4.9 | 9.6 | 12.4 | 45.8% |
| India | 1.5 | 7.2 | 5.6 | 7.7 | 72.5% |
| Germany | 1.9 | 5.5 | 1.0 | 2.4 | 8.1% |
| Spain | 0.5 | 5.0 | 13.3 | 0.9 | 21.6% |
| Others | 50.5 | 43.6 | 72.1 | 3.0 | -61.0% |
| Total | 83.0 | 145 | 195 | 110 | 9.8% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Turkey in 2022:
- Netherlands (4.3 tons)
- China (3.9 tons)
- United States (3.3 tons)
- Belgium (2.0 tons)
- India (1.5 tons)
- Germany (0.2 tons)
- Spain (0.2 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey
In 2022, overseas shipments of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -83.3% to 2 kg, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, the exports reached the peak of 111 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank dramatically to $41 in 2022. Overall, exports faced a dramatic descent. The smallest decline of -19.2% was in 2020.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 125 | 85.0 | 11.0 | 41.0 | -31.0% |
| Ethiopia | 687 | N/A | N/A | N/A | 0% |
| France | N/A | 82.0 | N/A | N/A | 0% |
| Azerbaijan | 8.0 | 2.0 | 41.0 | N/A | 126.4% |
| Iran | 396 | 637 | 110 | N/A | -47.3% |
| Others | N/A | 177 | 27.0 | N/A | -84.7% |
| Total | 1,216 | 983 | 189 | 41.0 | -67.7% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Turkey in 2022:
- Cyprus (2.0 kg)
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