Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (CIF) - 2023
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,770 per ton, falling by -4.4% against the previous year. Over the period under review, the export price saw a slight decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 7% against the previous year. The export price peaked at $7,671 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 Spain ($8,334 per ton), while the average price for exports to Belgium ($5,382 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 France (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (CIF) - 2023
In October 2023, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $7,805 per ton, which is down by -6.5% against the previous month. Over the period under review, the import price recorded a mild shrinkage. The growth pace was the most rapid in January 2023 an increase of 50% m-o-m. As a result, import price reached the peak level of $12,541 per ton. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($10,722 per ton), while the price for the UK ($5,280 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany
For the third consecutive year, Germany recorded decline in overseas shipments of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which decreased by -12.5% to 5.2K tons in 2022. Over the period under review, exports saw a deep downturn. The smallest decline of -7.9% was in 2021.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reduced notably to $35M in 2022. In general, exports saw a abrupt decline. The smallest decline of -6.9% was in 2021.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 9.7 | 8.8 | 5.3 | 5.4 | -17.7% |
| United States | 6.5 | 6.9 | 7.3 | 4.5 | -11.5% |
| Indonesia | 2.8 | 3.4 | 3.6 | 4.1 | 13.6% |
| Belgium | 0.7 | 0.4 | 0.5 | 3.9 | 77.3% |
| India | 4.5 | 3.8 | 3.8 | 3.3 | -9.8% |
| Singapore | 7.1 | 6.0 | 8.4 | 3.2 | -23.3% |
| France | 1.9 | 1.1 | 1.8 | 1.8 | -1.8% |
| China | 0.8 | 0.9 | 1.5 | 1.6 | 26.0% |
| Spain | 4.4 | 5.1 | 2.3 | 1.6 | -28.6% |
| Brazil | 2.7 | 2.7 | 1.9 | 1.2 | -23.7% |
| Mexico | 2.4 | 1.5 | 1.2 | 1.0 | -25.3% |
| Colombia | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
| Japan | 1.0 | 0.5 | 1.0 | 0.7 | -11.2% |
| Others | 5.1 | 3.4 | 2.6 | 2.0 | -26.8% |
| Total | 50.3 | 45.2 | 42.1 | 35.2 | -11.2% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Germany in 2022:
- Switzerland (758.3 tons)
- Belgium (727.7 tons)
- United States (641.6 tons)
- Indonesia (620.0 tons)
- India (525.8 tons)
- Singapore (478.0 tons)
- China (252.6 tons)
- France (226.9 tons)
- Spain (189.3 tons)
- Brazil (177.5 tons)
- Mexico (133.4 tons)
- Colombia (93.6 tons)
- Japan (92.8 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany
In 2022, supplies from abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -13.5% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 8.6%. As a result, imports reached the peak of 3.5K tons, and then declined in the following year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined slightly to $25M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9%. As a result, imports reached the peak of $25M, and then fell slightly in the following year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 7.2 | 8.7 | 5.8 | 6.8 | -1.9% |
| France | 0.4 | 3.8 | 5.2 | 4.4 | 122.4% |
| China | 2.1 | 1.8 | 2.5 | 2.9 | 11.4% |
| India | 2.2 | 2.0 | 2.3 | 2.3 | 1.5% |
| Spain | 7.8 | 4.4 | 3.2 | 2.0 | -36.5% |
| Belgium | N/A | 0.2 | 1.1 | 1.9 | 208.2% |
| Japan | 0.3 | 0.8 | 2.1 | 1.3 | 63.0% |
| United States | 1.3 | 0.9 | 1.2 | 1.1 | -5.4% |
| Others | 3.5 | 1.1 | 1.9 | 1.9 | -18.4% |
| Total | 24.9 | 23.8 | 25.4 | 24.6 | -0.4% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Germany in 2022:
- United Kingdom (1240.3 tons)
- India (454.5 tons)
- China (388.1 tons)
- Japan (179.2 tons)
- Belgium (153.8 tons)
- Spain (145.0 tons)
- United States (144.6 tons)
- France (140.0 tons)
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