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

Contents:

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

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $2,926 per ton in 2022, with a decrease of -25.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 39%. As a result, import price reached the peak level of $3,930 per ton, and then contracted rapidly 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 ($7,164 per ton), while the price for China ($2,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $4,750 per ton in 2022, increasing by 58% against the previous year. In general, the export price, however, showed a abrupt slump. The growth pace was the most rapid in 2019 an increase of 140%. As a result, the export price reached the peak level of $13,333 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -6.3% per year.

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

In 2022, approx. 26 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Russia; growing by 30% compared with the previous year's figure. In general, imports showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 52%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes dropped slightly to $77K in 2022. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of 110% against the previous year. As a result, imports attained the peak of $80K, and then declined modestly in the following year.

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

1. China (26.1 tons)
2. Spain (0.2 tons)
3. India (0.1 tons)

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

In 2022, approx. 4 kg of aldehydes; cyclic, without other oxygen function, benzaldehydes were exported from Russia; picking up by 300% compared with 2021. Over the period under review, exports, however, faced a significant decline.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $19 in 2022. Overall, exports, however, continue to indicate a sharp setback.

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

1. Kazakhstan (4.0 kg)

Source: IndexBox Market Intelligence Platform