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

Contents:

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

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

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $10,050 per ton in 2022, with a decrease of -41.5% against the previous year. In general, the import price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $17,169 per ton in 2021, 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 Germany ($16,206 per ton), while the price for India ($6,514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $2,036 per ton, falling by -23.7% against the previous year. Overall, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 37% against the previous year. The export price peaked at $3,200 per ton in 2012; however, from 2013 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 Bosnia and Herzegovina ($3,000 per ton), while the average price for exports to Montenegro totaled $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+7.2%).

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Serbia soared to 476 kg, rising by 137% against the previous year. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes surged to $4.8K in 2022. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8448471,3882,51210.9%
IndiaN/AN/AN/A1,4330%
Netherlands49.016.0168792152.8%
North Macedonia83.054.060.0N/A-15.0%
Others1,9881,2601,83547.0-71.3%
Total3,9642,1773,4514,7846.5%

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

  1. India (220.0 kg)
  2. Germany (155.0 kg)
  3. Netherlands (100.0 kg)

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

After two years of decline, shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes increased by 33% to 28 kg in 2022. In general, exports, however, showed a abrupt decrease.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes rose modestly to $57 in 2022. Over the period under review, exports, however, recorded a dramatic descent.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro10278.044.054.0-19.1%
Bosnia and Herzegovina10.06.02.03.0-33.1%
NetherlandsN/AN/A10.0N/A0%
OthersN/AN/AN/AN/A0%
Total11284.056.057.0-20.2%

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

  1. Montenegro (27.0 kg)
  2. Bosnia and Herzegovina (1.0 kg)

Source: IndexBox Market Intelligence Platform

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