Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $7,269 per ton in 2022, growing by 23% against the previous year. In general, the export price, however, saw a abrupt decline. Over the period under review, the average export prices reached the maximum at $31,931 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 the United States ($59,213 per ton), while the average price for exports to South Korea ($1,707 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 the United States (+1.0%), while the prices for the other major destinations experienced a decline.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,625 per ton in 2022, jumping by 42% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% 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, benzaldehydes increased by +66.8% against 2018 indices. As a result, import price reached 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 India ($8,400 per ton), while the price for the Netherlands amounted to $3,518 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.1%).
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China
After three years of growth, shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -32.9% to 5.5K tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of 8.2K tons, and then reduced sharply in the following year.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes contracted dramatically to $40M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $48M, and then contracted remarkably in the following year.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.1 | 16.6 | 18.9 | 18.6 | 12.4% |
| Netherlands | 0.9 | 1.5 | 5.5 | 4.5 | 71.0% |
| India | 3.8 | 7.2 | 10.5 | 3.5 | -2.7% |
| Philippines | 0.4 | 1.6 | 2.6 | 2.9 | 93.5% |
| Taiwan (Chinese) | 0.5 | 0.7 | 3.5 | 1.9 | 56.0% |
| South Korea | 1.3 | 1.6 | 2.3 | 1.9 | 13.5% |
| United Kingdom | 2.9 | 2.8 | 0.9 | 1.6 | -18.0% |
| Indonesia | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 4.0 | 3.8 | 4.2 | 4.3 | 2.4% |
| Total | 26.9 | 35.9 | 48.3 | 39.8 | 13.9% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from China in 2022:
- Philippines (1585.7 tons)
- South Korea (1123.8 tons)
- Taiwan (Chinese) (1000.8 tons)
- India (805.1 tons)
- United States (314.5 tons)
- Indonesia (157.2 tons)
- Netherlands (84.4 tons)
- United Kingdom (83.6 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China
For the third year in a row, China recorded decline in purchases abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -30.1% to 338 tons in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -15.3% was in 2021.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell slightly to $1.2M in 2022. Overall, imports recorded a abrupt downturn.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.9 | 1.1 | 1.0 | 1.2 | -14.2% |
| Bulgaria | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Total | 2.3 | 1.3 | 1.2 | 1.2 | -19.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to China in 2022:
- Netherlands (331.9 tons)
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