Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,014 per ton, increasing by 6.9% against the previous year. Overall, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 13%. The export price peaked at $7,174 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($7,577 per ton), while the average price for exports to France ($4,993 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 Indonesia (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $14,186 per ton in 2022, standing approx. at the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +66.2% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($55,069 per ton), while the price for Germany ($7,424 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+21.7%), 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 the UK
In 2022, shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -16.8% to 8.2K tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reduced to $49M in 2022. Overall, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 3%. As a result, the exports attained the peak of $72M. 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 the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 11.8 | 15.4 | 13.7 | 9.4 | -7.3% |
Germany | 9.5 | 8.8 | 6.6 | 7.0 | -9.7% |
United States | 11.5 | 11.2 | 7.7 | 6.8 | -16.1% |
Netherlands | 5.2 | 3.8 | 5.1 | 4.5 | -4.7% |
Singapore | 10.9 | 10.2 | 5.8 | 4.3 | -26.7% |
Spain | 2.9 | 3.5 | 2.7 | 3.6 | 7.5% |
China | 3.9 | 2.2 | 3.4 | 2.6 | -12.6% |
India | 1.9 | 2.6 | 2.0 | 2.5 | 9.6% |
Brazil | 2.0 | 2.6 | 2.2 | 2.3 | 4.8% |
France | 3.1 | 3.1 | 1.6 | 1.4 | -23.3% |
Mexico | 2.4 | 4.0 | 1.7 | 1.3 | -18.5% |
Others | 5.2 | 4.9 | 2.9 | 3.6 | -11.5% |
Total | 70.2 | 72.3 | 55.5 | 49.3 | -11.1% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from the UK in 2022:
- Switzerland (1662.0 tons)
- Germany (1252.0 tons)
- United States (916.1 tons)
- Netherlands (786.1 tons)
- Singapore (675.1 tons)
- Spain (619.6 tons)
- India (459.6 tons)
- China (444.0 tons)
- Brazil (373.5 tons)
- France (285.3 tons)
- Mexico (169.4 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK
For the third consecutive year, the UK recorded decline in purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which decreased by -28.6% to 432 tons in 2022. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -11.1% was in 2020.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined significantly to $6.1M in 2022. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.9% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.5 | 0.4 | 0.9 | 1.4 | 40.9% |
Mexico | 3.3 | 4.3 | 2.0 | 1.1 | -30.7% |
Austria | 3.3 | 2.3 | 2.4 | 0.9 | -35.2% |
India | 0.4 | 0.2 | 0.3 | 0.8 | 26.0% |
Spain | 1.3 | 1.3 | 0.9 | 0.6 | -22.7% |
United States | 0.8 | 0.1 | 0.2 | 0.4 | -20.6% |
Germany | 1.3 | 1.6 | 0.5 | 0.2 | -46.4% |
France | 1.4 | 1.2 | 0.3 | 0.1 | -58.5% |
Ireland | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.4 | 1.2 | 1.0 | 0.6 | 14.5% |
Total | 12.5 | 12.6 | 8.5 | 6.1 | -21.3% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to the UK in 2022:
- India (101.0 tons)
- China (94.9 tons)
- Spain (74.6 tons)
- Mexico (37.5 tons)
- United States (35.8 tons)
- Germany (31.5 tons)
- Austria (16.6 tons)
- Ireland (10.0 tons)
- France (6.2 tons)
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