Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic - 2023

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Dominican Republic (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.10.22.36.5302.1%
ChinaN/AN/AN/A0.60%
India0.10.51.2N/A246.4%
Netherlands0.50.62.4N/A119.1%
Others1.00.82.5N/A58.1%
Total1.72.28.47.060.3%

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

  1. Spain (1005.0 kg)
  2. China (200.0 kg)

Source: IndexBox Market Intelligence Platform

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