Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait - 2022
Contents:
- Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait (CIF) - 2022
- Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait
Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait (CIF) - 2022
The average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s stood at $22,056 per ton in 2022, growing by 61% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s increased by +108.0% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Italy ($43,333 per ton), while the price for China ($9,447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait
In 2022, overseas purchases of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -57.3% to 676 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 147%. As a result, imports attained the peak of 1.6 tons, and then contracted notably in the following year.
In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s fell remarkably to $15K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 166% against the previous year. As a result, imports reached the peak of $22K, and then declined rapidly in the following year.
| Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 4.1 | 11.6 | 3.2 | 8.6% |
| Spain | 0.6 | 2.4 | 6.7 | 3.1 | 72.9% |
| Italy | N/A | N/A | N/A | 2.3 | 0% |
| United States | 0.6 | 1.6 | 3.4 | 0.9 | 14.5% |
| Others | N/A | N/A | N/A | 5.4 | 0% |
| Total | 3.6 | 8.2 | 21.7 | 14.9 | 60.6% |
Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to Kuwait in 2022:
- China (340.0 kg)
- Spain (96.0 kg)
- Italy (54.0 kg)
- United States (34.0 kg)
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