Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Mexico - 2022

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $4,572 per ton, with an increase of 8.7% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +32.0% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 49% against the previous year. Over the period under review, average import prices attained the maximum at $5,457 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +13.6% per year.

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

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $30,570 per ton in 2022, rising by 6.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 63%. Over the period under review, the average export prices reached the maximum at $45,020 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($73,901 per ton), while the average price for exports to the United States stood at $27,068 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.7%).

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Mexico reduced markedly to 295 tons, dropping by -30% on 2021 figures. In general, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of 421 tons, and then fell markedly in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes reduced notably to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, imports reached the peak of $1.8M, and then declined dramatically in the following year.

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

1. United States (294.7 tons)

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes exported from Mexico dropped remarkably to 40 tons, with a decrease of -55.5% compared with 2021. Over the period under review, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 185%. As a result, the exports attained the peak of 90 tons, and then shrank rapidly in the following year.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank rapidly to $1.2M in 2022. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 333%. As a result, the exports reached the peak of $2.6M, and then shrank rapidly in the following year.

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

1. United States (38.1 tons)
2. Brazil (0.8 tons)

Source: IndexBox Market Intelligence Platform