Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $5,172 per ton, picking up by 13% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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, other than benzaldehydes increased by +26.3% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 23%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
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 Honduras ($8,547 per ton), while the price for the United States ($3,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+156.2%), 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 Guatemala (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $5,039 per ton, which is down by -4.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 33%. As a result, the export price attained the peak level of $5,526 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($5,500 per ton), while the average price for exports to Honduras ($5,026 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 Dominican Republic (+61.2%), 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 Guatemala
In 2022, after three years of growth, there was significant decline in purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, when their volume decreased by -14% to 283 tons. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes contracted modestly to $1.5M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 15%.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 741 | 1,053 | 993 | 1,196 | 17.3% |
| Honduras | N/A | N/A | 4.5 | 133 | 2855.6% |
| Germany | 154 | 15.0 | 134 | 81.0 | -19.3% |
| India | N/A | 21.5 | 30.6 | 16.0 | -13.7% |
| United States | 50.1 | 73.7 | 73.2 | 5.7 | -51.5% |
| Netherlands | 57.2 | 0.1 | 118 | N/A | 43.6% |
| Others | 143 | 152 | 152 | 33.6 | -38.3% |
| Total | 1,146 | 1,315 | 1,505 | 1,465 | 8.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Guatemala in 2022:
- Mexico (246.0 tons)
- Honduras (15.6 tons)
- Germany (11.9 tons)
- India (2.1 tons)
- United States (1.7 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala
In 2022, approx. 5.9 tons of aldehydes; cyclic, without other oxygen function, other than benzaldehydes were exported from Guatemala; picking up by 40% compared with 2021. Over the period under review, exports, however, continue to indicate a dramatic curtailment.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes soared to $30K in 2022. In general, exports, however, recorded a dramatic contraction. The growth pace was the most rapid in 2020 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $101K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 11.4 | 25.4 | 14.3 | 16.1 | 12.2% |
| Nicaragua | 5.4 | 40.7 | 2.1 | 13.5 | 35.7% |
| El Salvador | 21.4 | 16.4 | 6.1 | 0.2 | -78.9% |
| Dominican Republic | 19.7 | 6.0 | N/A | N/A | -69.5% |
| Costa Rica | 2.2 | 12.4 | N/A | N/A | 463.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.2 | 101 | 22.5 | 29.9 | -20.8% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Guatemala in 2022:
- Honduras (3.2 tons)
- Nicaragua (2.7 tons)
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