Scandinavia: Market for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function 2024

Market Size for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in Scandinavia

The Scandinavia market for benzaldehyde and other cyclic aldehydes without other oxygen function contracted to $X in 2023, declining by X% against the previous year. In general, consumption, however, saw a perceptible decline. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in Scandinavia

In value terms, benzaldehyde and other cyclic aldehydes production declined to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports in Scandinavia

In 2023, shipments abroad of benzaldehyde and other cyclic aldehydes without other oxygen function increased by X% to X kg, rising for the second year in a row after six years of decline. Over the period under review, exports, however, recorded a precipitous descent. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, benzaldehyde and other cyclic aldehydes exports soared to $X in 2023. Overall, exports, however, recorded a precipitous setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Sweden (X kg) was the key exporter of benzaldehyde and other cyclic aldehydes without other oxygen function, committing X% of total exports. It was distantly followed by Finland (X kg), mixing up a X% share of total exports. Norway (X kg) held a little share of total exports.

Sweden was also the fastest-growing in terms of the benzaldehyde and other cyclic aldehydes without other oxygen function exports, with a CAGR of X% from 2012 to 2023. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Sweden and Finland increased by X and X percentage points, respectively.

In value terms, Sweden ($X) emerged as the largest benzaldehyde and other cyclic aldehydes supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, benzaldehyde and other cyclic aldehydes exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced more modest paces of growth.

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports in Scandinavia

In 2023, overseas purchases of benzaldehyde and other cyclic aldehydes without other oxygen function increased by X% to X tons, rising for the fifth consecutive year after five years of decline. Over the period under review, imports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, benzaldehyde and other cyclic aldehydes imports reached $X in 2023. In general, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Norway prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2023. Finland (X tons) held a little share of total imports.

Norway was also the fastest-growing in terms of the benzaldehyde and other cyclic aldehydes without other oxygen function imports, with a CAGR of X% from 2012 to 2023. Finland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Norway increased by X percentage points.

In value terms, Norway ($X) constitutes the largest market for imported benzaldehyde and other cyclic aldehydes without other oxygen function in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Norway stood at X%.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, waning by X% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

Source: IndexBox Platform