Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the Dominican Republic - 2022

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the Dominican Republic (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the Dominican Republic

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $3,651 per ton, waning by -16.8% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $10,863 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.3% per year.

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the Dominican Republic

In 2022, supplies from abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -18.8% to 3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 413%. As a result, imports attained the peak of 3.7 tons, and then declined notably in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes fell rapidly to $11K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 210% against the previous year. As a result, imports reached the peak of $16K, and then shrank rapidly in the following year.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.23.410.210.6106.7%
Spain0.10.63.0N/A447.7%
Guatemala2.01.0N/AN/A-50.0%
Others0.30.33.00.410.1%
Total3.65.216.210.944.7%

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

  1. China (3.0 tons)

Source: IndexBox Market Intelligence Platform

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