Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,574 per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2013 an increase of 68% against the previous year. As a result, the export price reached the peak level of $7,121 per ton. From 2014 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 the Netherlands ($10,269 per ton), while the average price for exports to Belgium ($2,934 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 Germany (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $11,244 per ton in 2022, declining by -3.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. As a result, import price reached the peak level of $22,066 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($32,664 per ton), while the price for the United States ($6,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India
In 2022, after three years of growth, there was significant decline in shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, when their volume decreased by -10.6% to 10K tons. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports attained the peak of 12K tons, and then declined in the following year.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reached $68M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.4 | 20.5 | 21.1 | 14.9 | -8.4% |
| Germany | 11.5 | 2.4 | 5.2 | 11.8 | 0.9% |
| United Kingdom | 5.4 | 6.1 | 4.1 | 7.3 | 10.6% |
| United States | 6.7 | 6.8 | 10.3 | 6.6 | -0.5% |
| Belgium | 0.7 | 1.2 | 2.1 | 5.1 | 93.9% |
| Spain | 5.4 | 5.8 | 6.5 | 4.7 | -4.5% |
| Singapore | 1.6 | 2.6 | 3.6 | 4.4 | 40.1% |
| Netherlands | 1.0 | 1.7 | 2.9 | 3.7 | 54.7% |
| Indonesia | 2.3 | 1.9 | 1.9 | 2.1 | -3.0% |
| Mexico | 0.8 | 1.3 | 1.4 | 0.9 | 4.0% |
| Others | 3.5 | 6.8 | 8.4 | 6.7 | 24.2% |
| Total | 58.2 | 57.0 | 67.7 | 68.2 | 5.4% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from India in 2022:
- China (2006.4 tons)
- Belgium (1731.0 tons)
- Germany (1420.8 tons)
- United States (1050.1 tons)
- Spain (963.3 tons)
- United Kingdom (725.2 tons)
- Singapore (484.7 tons)
- Indonesia (402.7 tons)
- Netherlands (363.7 tons)
- Mexico (215.3 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India
Imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into India fell to 5.3K tons in 2022, which is down by -6.6% on 2021 figures. In general, imports recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes fell to $60M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $67M, and then contracted in the following year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.7 | 16.6 | 23.3 | 17.3 | -7.3% |
| Switzerland | 17.7 | 12.7 | 14.4 | 14.3 | -6.9% |
| Japan | 6.1 | 8.2 | 12.8 | 10.4 | 19.5% |
| United Kingdom | 2.3 | 2.9 | 3.0 | 3.5 | 15.0% |
| France | 1.9 | 3.5 | 3.3 | 2.8 | 13.8% |
| Belgium | 1.6 | 1.2 | 1.3 | 2.2 | 11.2% |
| United States | 1.0 | 0.8 | 0.8 | 1.2 | 6.3% |
| Germany | 2.7 | 3.8 | 2.6 | 1.0 | -28.2% |
| Netherlands | 2.2 | 0.6 | 0.4 | 0.7 | -31.7% |
| Others | 3.4 | 2.7 | 5.1 | 6.7 | 25.4% |
| Total | 60.4 | 53.0 | 66.9 | 60.1 | -0.2% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to India in 2022:
- China (1667.3 tons)
- Japan (1546.2 tons)
- Switzerland (437.9 tons)
- United Kingdom (429.9 tons)
- Belgium (333.6 tons)
- France (328.1 tons)
- United States (197.7 tons)
- Netherlands (114.7 tons)
- Germany (93.7 tons)
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