Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka (CIF) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $20,509 per ton, increasing by 13% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 67% against the previous year. The import price peaked at $21,955 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Vietnam ($33,909 per ton), while the price for India ($4,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.9%), while the prices for the other major suppliers experienced a decline.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka
In 2022, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into Sri Lanka expanded markedly to 15 tons, picking up by 10% against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes soared to $314K in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 86% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 29.0 | 122 | 200 | 244 | 103.4% |
| China | 11.9 | 34.4 | 36.5 | 44.9 | 55.7% |
| India | 52.4 | 21.3 | 7.5 | 23.2 | -23.8% |
| Malaysia | 2.0 | 1.7 | 0.6 | N/A | -45.2% |
| United States | 2.8 | 6.5 | 5.0 | N/A | 33.6% |
| Others | 3.6 | 2.4 | 1.1 | 1.5 | -25.3% |
| Total | 102 | 189 | 251 | 314 | 45.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Sri Lanka in 2022:
- Vietnam (7.2 tons)
- India (5.0 tons)
- China (3.0 tons)
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