Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $3,383 per ton, jumping by 17% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes increased by +51.3% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 46%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($3,395 per ton), while the average price for exports to Zambia totaled $2,722 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $14,704 per ton in 2022, jumping by 26% against the previous year. Overall, the import price enjoyed a modest expansion. The growth pace was the most rapid in 2016 when the average import price increased by 86%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Netherlands ($37,067 per ton), while the price for the United States ($9,085 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1,291.3%), 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 South Africa
In 2022, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from South Africa soared to 104 tons, picking up by 194% against the previous year's figure. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,435%. As a result, the exports attained the peak of 163 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $351K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,298% against the previous year. As a result, the exports reached the peak of $365K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 20.0 | 361 | 98.3 | 338 | 156.6% |
| Zambia | 4.6 | 3.1 | 0.7 | 10.3 | 30.8% |
| Others | 1.6 | 0.5 | 3.0 | 3.5 | 29.8% |
| Total | 26.1 | 365 | 102 | 351 | 137.8% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from South Africa in 2022:
- Zimbabwe (99.4 tons)
- Zambia (3.8 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa
In 2022, purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -56.9% to 19 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 175%. As a result, imports attained the peak of 46 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined rapidly to $278K in 2022. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 82%.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 22.3 | 25.1 | 58.1 | 141 | 84.9% |
| China | 119 | 184 | 220 | 30.0 | -36.8% |
| Germany | 7.8 | 4.5 | 19.3 | 29.4 | 55.6% |
| United States | 9.9 | 21.0 | 156 | 27.0 | 39.7% |
| United Kingdom | 3.6 | 4.1 | 10.4 | 19.0 | 74.1% |
| Singapore | N/A | N/A | 6.0 | 13.2 | 120.0% |
| Spain | N/A | 3.6 | 6.5 | 12.1 | 83.3% |
| Japan | 3.2 | 4.4 | 33.6 | 3.4 | 2.0% |
| Netherlands | 0.3 | 55.3 | N/A | 1.1 | 54.2% |
| Others | 1.2 | 2.0 | 1.5 | 1.3 | 2.7% |
| Total | 167 | 304 | 512 | 278 | 18.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to South Africa in 2022:
- India (7.9 tons)
- United States (3.0 tons)
- Germany (2.2 tons)
- United Kingdom (2.0 tons)
- China (1.6 tons)
- Spain (1.1 tons)
- Singapore (0.7 tons)
- Japan (0.1 tons)
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