Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in Nigeria - 2022
Contents:
- Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Nigeria (CIF) - 2022
- Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Nigeria
Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Nigeria (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 $14,773 per ton in 2022, surging by 200% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. Over the period under review, average import prices attained the maximum at $20,552 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24,479 per ton), while the price for China ($10,319 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+144.9%), while the prices for the other major suppliers experienced a decline.
Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Nigeria
In 2022, purchases abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s decreased by -77% to 16 tons, falling for the second year in a row after two years of growth. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 91%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s shrank remarkably to $241K in 2022. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1%. As a result, imports attained the peak of $9.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 421 | 785 | 35.4 | 94.4 | -39.2% |
| India | 1,882 | 1,836 | 22.6 | 51.0 | -70.0% |
| United Kingdom | 130 | 429 | 68.5 | 41.9 | -31.4% |
| France | 687 | 993 | 19.1 | 38.2 | -61.8% |
| United States | 177 | 78.1 | 2.9 | 15.9 | -55.2% |
| Malaysia | 2,000 | 321 | 119 | N/A | -75.6% |
| Lebanon | 148 | 160 | N/A | N/A | 8.1% |
| United Arab Emirates | 1,161 | 1,176 | 17.5 | N/A | -87.7% |
| Netherlands | 210 | 358 | 8.8 | N/A | -79.5% |
| Turkey | 95.7 | 1,158 | N/A | N/A | 1110.0% |
| Others | 1,921 | 2,078 | 55.7 | N/A | -83.0% |
| Total | 8,831 | 9,372 | 349 | 241 | -69.9% |
Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to Nigeria in 2022:
- China (9.2 tons)
- India (3.2 tons)
- United Kingdom (1.7 tons)
- France (1.6 tons)
- United States (0.7 tons)
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