Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,993 per ton in 2022, waning by -9.4% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2017 when the average import price increased by 150% against the previous year. The import price peaked at $25,162 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -2.5% per year.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $13,183 per ton, with an increase of 19% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 increased by +54.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 77%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,728 per ton), while the average price for exports to Germany ($7,276 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 (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco
In 2022, after three years of growth, there was significant decline in overseas purchases of aldehydes; cyclic, without other oxygen function, benzaldehydes, when their volume decreased by -46% to 32 tons. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 46,321%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank rapidly to $127K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 28,855% against the previous year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.7 | 105 | 105 | 125 | 463.1% |
| Others | N/A | 107 | 155 | 2.4 | -85.0% |
| Total | 0.7 | 213 | 261 | 127 | 466.1% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Morocco in 2022:
- Spain (31.8 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco
In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes exported from Morocco soared to 47 tons, jumping by 63% on 2021. In general, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes soared to $624K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 253 | 151 | 288 | 275 | 2.8% |
| France | 7.6 | 8.1 | 9.8 | 165 | 179.0% |
| Germany | 10.9 | 27.3 | 14.8 | 17.7 | 17.5% |
| Others | N/A | N/A | 9.8 | 165 | 1583.7% |
| Total | 271 | 187 | 323 | 624 | 32.1% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Morocco in 2022:
- United States (17.5 tons)
- France (13.7 tons)
- Germany (2.4 tons)
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