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

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan (CIF) - 2022
  2. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan (FOB) - 2022
  3. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan
  4. Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,417 per ton in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($3,452 per ton) and the Netherlands ($3,396 per ton), while the price for India ($2,445 per ton) and Belgium ($3,179 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $16,845 per ton in 2022, with an increase of 36% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -6.9% against 2020 indices. Over the period under review, the average export prices attained the peak figure at $18,090 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($16,984 per ton), while the average price for exports to Spain stood at $16,707 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Japan fell to 222 tons, with a decrease of -7.5% against 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 240 tons, and then declined in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes dropped to $759K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $808K, and then fell in the following year.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3192343633715.2%
India87.813513317225.1%
United States12494.713683.4-12.4%
Belgium34.653.151.676.330.2%
China99.468.612456.2-17.3%
Others16.0N/AN/AN/A0%
Total6815858087593.7%

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

  1. Netherlands (109.2 tons)
  2. India (70.4 tons)
  3. Belgium (24.0 tons)
  4. China (16.3 tons)
  5. United States (2.2 tons)

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan

Exports of aldehydes; cyclic, without other oxygen function, benzaldehydes from Japan fell markedly to 122 tons in 2022, waning by -49.4% against 2021 figures. Over the period under review, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 360% against the previous year. As a result, the exports reached the peak of 242 tons, and then declined markedly in the following year.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell rapidly to $2.1M in 2022. In general, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 215% against the previous year. As a result, the exports attained the peak of $3M, and then contracted significantly in the following year.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.90.51.81.415.9%
Others0.50.51.20.711.9%
Total1.41.03.02.114.5%

Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Japan in 2022:

  1. Spain (81.2 tons)

Source: IndexBox Market Intelligence Platform

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