Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic (CIF) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $5,834 per ton, jumping by 39% against the previous year. Overall, import price indicated strong growth from 2014 to 2022: its price increased at an average annual rate of +8.0% over the last eight years. 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 +103.1% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,447 per ton), while the price for China stood at $2,755 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic
After three years of growth, overseas purchases of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -39.8% to 1.2 tons in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 163%. As a result, imports attained the peak of 2 tons, and then dropped markedly in the following year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell remarkably to $7K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 281%. As a result, imports reached the peak of $8.4K, and then fell notably in the following year.
Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 0.1 | 0.2 | 2.3 | 6.5 | 302.1% |
China | N/A | N/A | N/A | 0.6 | 0% |
India | 0.1 | 0.5 | 1.2 | N/A | 246.4% |
Netherlands | 0.5 | 0.6 | 2.4 | N/A | 119.1% |
Others | 1.0 | 0.8 | 2.5 | N/A | 58.1% |
Total | 1.7 | 2.2 | 8.4 | 7.0 | 60.3% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to the Dominican Republic in 2022:
- Spain (1005.0 kg)
- China (200.0 kg)
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