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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $9,553 per ton, picking up by 21% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +40.9% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Colombia ($39,040 per ton), while the price for Brazil ($4,118 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.0%), 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 Peru (FOB) - 2022

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,250 per ton, flattening at the previous year. In general, the export price, however, continues to indicate a deep setback. The export price peaked at $24,333 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2015 to 2022, the rate of growth in terms of prices for Paraguay amounted to -7.1% per year.

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

After three years of growth, overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -1.4% to 13 tons in 2022. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13%.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $127K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. India (8.3 tons)
2. China (1.5 tons)
3. United Kingdom (1.2 tons)
4. Spain (1.1 tons)
5. United States (0.8 tons)
6. Germany (0.2 tons)

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

In 2022, shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -20% to 4 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 233% against the previous year. As a result, the exports reached the peak of 10 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reduced markedly to $25 in 2022. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $79. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Brazil (4.0 kg)

Source: IndexBox Market Intelligence Platform