Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Vietnam - 2022

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Vietnam (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Vietnam

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $6,351 per ton, shrinking by -23.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $19,189 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 China ($11,833 per ton), while the price for the Netherlands totaled $5,908 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.0%).

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

In 2022, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes into Vietnam surged to 154 kg, rising by 36% on the previous year's figure. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes expanded to $978 in 2022. In general, imports, however, continue to indicate a mild descent.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Vietnam (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands876777507833-1.7%
China49.050.044.071.013.2%
Singapore74.060.018.029.0-26.8%
IndiaN/AN/A350N/A0%
Others18.086.021.045.035.7%
Total1,017973940978-1.3%

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

  1. Netherlands (141.0 kg)
  2. China (6.0 kg)
  3. Singapore (2.0 kg)

Source: IndexBox Market Intelligence Platform

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