Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana - 2023

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana (CIF) - 2022

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $6,320 per ton in 2022, surging by 4.7% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 an increase of 56%. The import price peaked at $37,500 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($6,839 per ton), while the price for India amounted to $4,614 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-12.0%).

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana

In 2022, approx. 300 kg of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Ghana; picking up by 3.1% compared with the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 62%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $1.9K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 152% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.61.61.81.638.7%
IndiaN/AN/AN/A0.30%
OthersN/AN/AN/AN/A0%
Total0.61.61.81.946.8%

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Ghana in 2022:

  1. United Kingdom (230.0 kg)
  2. India (70.0 kg)

Source: IndexBox Market Intelligence Platform

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