Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in Greece - 2023

Contents:

  1. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (CIF) - 2023
  2. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (FOB) - 2022
  3. Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece
  4. Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (CIF) - 2023

The average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $17,480 per ton in October 2023, shrinking by -44.9% against the previous month. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in September 2023 when the average import price increased by 123% against the previous month. As a result, import price attained the peak level of $31,739 per ton, and then declined significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Sweden ($24,213 per ton), while the price for the Netherlands ($10,329 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (FOB) - 2022

In 2022, the average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $25,941 per ton, with an increase of 12% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 75% against the previous year. As a result, the export price reached the peak level of $26,044 per ton. From 2019 to 2022, the average 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 Bulgaria ($50,827 per ton), while the average price for exports to Hungary ($11,917 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 Malta (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece

In 2022, the amount of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s imported into Greece soared to 124 tons, jumping by 20% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s dropped slightly to $2.5M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +61.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $2.5M, and then declined in the following year.

Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7085531,0529038.4%
Germany16715137064556.9%
Czech Republic21442121939722.9%
Italy49.638.956.315546.2%
Bulgaria28.866.168.190.946.7%
China19067.125.674.8-26.7%
Romania13193.023.969.9-18.9%
Norway20111.8526N/A61.8%
Croatia154N/AN/AN/A0%
United Kingdom82.988.30.8N/A-90.2%
Others57.155.320516141.3%
Total1,9821,5452,5482,4978.0%

Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to Greece in 2022:

  1. Germany (44.0 tons)
  2. Sweden (39.0 tons)
  3. Czech Republic (19.3 tons)
  4. Bulgaria (6.0 tons)
  5. Italy (4.5 tons)
  6. China (3.5 tons)
  7. Romania (2.0 tons)

Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece

In 2022, shipments abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -6.3% to 3.2 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 117%. As a result, the exports reached the peak of 4.2 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $83K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 75%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania15.714.310.751.748.8%
HungaryN/A12.65.88.1-19.8%
MaltaN/AN/A1.77.5341.2%
Cyprus12.831.819.76.5-20.2%
Bulgaria14.914.439.05.6-27.8%
Ireland0.32.11.42.6105.4%
OthersN/A1.20.40.9-13.4%
Total43.776.378.882.923.8%

Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) from Greece in 2022:

  1. Albania (1701.0 kg)
  2. Hungary (683.0 kg)
  3. Malta (350.0 kg)
  4. Cyprus (208.0 kg)
  5. Ireland (125.0 kg)
  6. Bulgaria (110.0 kg)

Source: IndexBox Market Intelligence Platform

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