Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,672 per ton in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $5,835 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($6,846 per ton), while the price for India ($3,017 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $5,493 per ton in 2022, waning by -1.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 53% against the previous year. Over the period under review, the average export prices reached the maximum at $11,633 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($7,857 per ton), while the average price for exports to Malaysia ($3,720 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 Malaysia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore
In 2022, approx. 160 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Singapore; with a decrease of -10.3% on 2021 figures. Over the period under review, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 162% against the previous year. As a result, imports attained the peak of 178 tons, and then dropped in the following year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes expanded rapidly to $586K in 2022. Overall, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 125%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 173 | 60.8 | 214 | 267 | 15.6% |
| China | 6.8 | 15.2 | 133 | 132 | 168.8% |
| United States | 128 | 122 | 128 | 120 | -2.1% |
| Belgium | 21.4 | 13.5 | 12.4 | 29.7 | 11.5% |
| Netherlands | 30.6 | N/A | 24.4 | 26.9 | -4.2% |
| Others | 38.5 | 30.7 | 33.4 | 10.8 | -34.5% |
| Total | 399 | 243 | 545 | 586 | 13.7% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Singapore in 2022:
- India (88.4 tons)
- China (35.7 tons)
- United States (17.6 tons)
- Netherlands (8.6 tons)
- Belgium (7.2 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore
Exports of aldehydes; cyclic, without other oxygen function, benzaldehydes from Singapore skyrocketed to 5.5 tons in 2022, jumping by 85% on 2021. In general, exports continue to indicate a significant increase. 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 surged to $30K in 2022. Overall, exports, however, recorded a relatively flat trend pattern.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 17.8 | 13.2 | 10.2 | 19.7 | 3.4% |
| Malaysia | 1.0 | 2.7 | 4.3 | 5.6 | 77.6% |
| Taiwan (Chinese) | 3.8 | 1.6 | N/A | 1.6 | -25.0% |
| China | 5.6 | 0.2 | 0.6 | 1.5 | -35.5% |
| Others | 2.2 | 2.2 | 1.4 | 1.4 | -14.0% |
| Total | 30.5 | 19.8 | 16.5 | 30.0 | -0.5% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Singapore in 2022:
- Indonesia (3.4 tons)
- Malaysia (1.5 tons)
- China (0.2 tons)
- Taiwan (Chinese) (0.2 tons)
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