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

Contents:

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

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

The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $8,138 per ton in 2022, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($15,849 per ton), while the price for the United States ($5,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $8,974 per ton in 2022, growing by 13% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 48% against the previous year. As a result, the export price reached the peak level of $12,988 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($51,200 per ton), while the average price for exports to Venezuela ($6,900 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 Brazil (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into Colombia stood at 422 tons in 2022, growing by 5.1% compared with 2021. Over the period under review, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports attained the peak of 536 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes surged to $3.4M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43255422372218.7%
Germany882775572705-7.2%
India41462394858112.0%
China4085923734946.6%
United Kingdom19148994.531718.4%
Mexico1241391231465.6%
Spain450123147108-37.9%
France137132124101-9.7%
PhilippinesN/A65.859.5N/A-9.6%
Others2431881992582.0%
Total3,2803,6802,8643,4321.5%

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

  1. United States (125.9 tons)
  2. Germany (89.2 tons)
  3. India (80.8 tons)
  4. China (54.4 tons)
  5. United Kingdom (44.0 tons)
  6. Mexico (9.2 tons)
  7. France (7.9 tons)
  8. Spain (7.5 tons)

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Colombia

For the fourth consecutive year, Colombia recorded growth in overseas shipments of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 117% to 6.6 tons in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 393%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $59K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 630% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela1.71.422.039.2184.6%
United StatesN/A6.8N/A17.660.9%
Others0.14.72.12.1175.9%
Total1.812.924.158.9219.9%

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

  1. Venezuela (5.7 tons)
  2. United States (0.8 tons)

Source: IndexBox Market Intelligence Platform

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