Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain - 2023

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (FOB) - 2023
  2. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (CIF) - 2022
  3. Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain
  4. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (FOB) - 2023

In October 2023, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $15,145 per ton, declining by -18% against the previous month. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 40% m-o-m. Over the period under review, the average export prices reached the peak figure at $24,593 per ton in November 2022; however, from December 2022 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($34,969 per ton), while the average price for exports to France ($5,063 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (CIF) - 2022

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $8,358 per ton, remaining stable against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $9,288 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($34,429 per ton), while the price for India ($5,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.4%), 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 Spain

In 2022, overseas shipments of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -23.2% to 2.1K tons, falling for the second consecutive year after two years of growth. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 2.2%. As a result, the exports reached the peak of 3.1K 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 shrank to $38M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 9.9%. As a result, the exports reached the peak of $43M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland13.214.413.412.5-1.8%
United States5.87.67.17.910.8%
Germany6.78.37.46.1-3.1%
France2.92.62.62.6-3.6%
Turkey1.51.31.11.3-4.7%
Italy1.21.31.41.32.7%
Mexico0.70.61.21.116.3%
United Kingdom1.21.10.90.6-20.6%
Japan0.20.3N/A0.426.0%
Brazil1.10.70.60.3-35.2%
BelgiumN/A0.10.10.373.2%
Argentina0.60.70.30.3-20.6%
Colombia0.50.30.10.2-26.3%
Others3.13.34.33.76.1%
Total38.742.540.538.4-0.3%

Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Spain in 2022:

  1. Switzerland (427.5 tons)
  2. France (367.5 tons)
  3. Germany (285.7 tons)
  4. United States (157.5 tons)
  5. Italy (147.5 tons)
  6. Turkey (145.5 tons)
  7. Mexico (72.2 tons)
  8. Belgium (66.4 tons)
  9. United Kingdom (62.9 tons)
  10. Japan (45.8 tons)
  11. Argentina (31.5 tons)
  12. Brazil (28.1 tons)
  13. Colombia (24.1 tons)

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain

In 2022, purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -5.9% to 2.7K tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 3.7K 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 dropped to $23M in 2022. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $29M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.05.86.36.48.6%
India4.85.95.35.44.0%
United Kingdom2.32.72.64.222.2%
Germany8.18.83.72.5-32.4%
France2.02.32.32.46.3%
United States0.60.80.80.75.3%
Netherlands0.50.90.20.3-15.7%
Belgium0.20.10.30.20.0%
Others1.11.82.30.6-18.3%
Total24.529.123.922.6-2.7%

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Spain in 2022:

  1. India (995.9 tons)
  2. United Kingdom (753.5 tons)
  3. China (430.2 tons)
  4. Germany (286.2 tons)
  5. United States (100.2 tons)
  6. France (69.0 tons)
  7. Netherlands (30.4 tons)
  8. Belgium (10.1 tons)

Source: IndexBox Market Intelligence Platform

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