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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $2,853 per ton, with a decrease of -12.5% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +45.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 66% against the previous year. As a result, import price attained the peak level of $3,259 per ton, and then declined in the following year.

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 ($3,588 per ton), while the price for China amounted to $2,285 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%).

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Pakistan skyrocketed to 14 tons, picking up by 119% against 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,258%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes surged to $41K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 740%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A16.4N/A21.514.5%
China1.73.815.518.6122.0%
SpainN/AN/A0.90.8-11.1%
Others0.81.05.00.2-37.0%
Total2.521.221.441.1154.3%

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

  1. China (8.2 tons)
  2. India (6.0 tons)
  3. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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