Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (CIF) - 2023
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (FOB) - 2023
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (CIF) - 2023
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $10,588 per ton in December 2023, growing by 3.9% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 42% month-to-month. As a result, import price reached the peak level of $13,403 per ton. From August 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($34,158 per ton), while the price for the UK ($5,088 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (FOB) - 2023
The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $47,509 per ton in December 2023, increasing by 29% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 62% month-to-month. As a result, the export price reached the peak level of $101K per ton. From March 2023 to December 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Spain ($322K per ton), while the average price for exports to India ($29,450 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland
In 2022, overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -11.5% to 4.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 31%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $56M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of $56M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.4 | 14.4 | 13.0 | 12.3 | -2.8% |
| Mexico | 4.4 | 6.5 | 8.1 | 11.2 | 36.5% |
| United Kingdom | 11.5 | 16.4 | 14.0 | 9.7 | -5.5% |
| Germany | 9.7 | 9.3 | 8.5 | 8.1 | -5.8% |
| China | 2.5 | 3.6 | 3.3 | 6.0 | 33.9% |
| India | 0.4 | 2.3 | 3.6 | 4.4 | 122.4% |
| United States | 1.0 | 1.1 | 1.3 | 1.6 | 17.0% |
| France | 2.8 | 1.8 | 1.4 | 1.2 | -24.6% |
| Others | 0.6 | 1.0 | 2.1 | 1.4 | 32.6% |
| Total | 46.2 | 56.4 | 55.4 | 56.1 | 6.7% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Switzerland in 2022:
- United Kingdom (1725.4 tons)
- Germany (1232.2 tons)
- China (483.8 tons)
- Spain (405.0 tons)
- Mexico (320.1 tons)
- India (223.4 tons)
- United States (209.6 tons)
- France (129.8 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland
In 2022, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from Switzerland declined to 1.1K tons, with a decrease of -12% against 2021 figures. Overall, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.5%. As a result, the exports reached the peak of 1.3K tons, and then contracted in the following year.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes shrank slightly to $51M in 2022. In general, exports showed a noticeable downturn.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 17.1 | 14.0 | 15.3 | 16.6 | -1.0% |
| France | 8.8 | 9.9 | 5.0 | 6.3 | -10.5% |
| Germany | 3.4 | 4.4 | 5.7 | 6.0 | 20.8% |
| United States | 5.3 | 4.6 | 5.4 | 3.8 | -10.5% |
| China | 6.7 | 5.5 | 5.3 | 3.2 | -21.8% |
| Singapore | 2.8 | 2.8 | 2.8 | 2.7 | -1.2% |
| Indonesia | 3.8 | 2.5 | 2.2 | 2.0 | -19.3% |
| Mexico | 2.2 | 1.4 | 1.6 | 2.0 | -3.1% |
| Brazil | 1.8 | 1.7 | 1.5 | 1.8 | 0.0% |
| Spain | 1.0 | 1.2 | 1.3 | 1.3 | 9.1% |
| Japan | 1.6 | 0.8 | 1.2 | 1.1 | -11.7% |
| United Kingdom | 1.0 | 1.0 | 0.9 | 0.8 | -7.2% |
| Turkey | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Others | 2.9 | 2.3 | 3.0 | 3.0 | 1.1% |
| Total | 58.7 | 52.5 | 51.8 | 51.4 | -4.3% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Switzerland in 2022:
- India (488.2 tons)
- Germany (104.8 tons)
- China (95.8 tons)
- France (92.5 tons)
- Mexico (52.3 tons)
- United States (49.6 tons)
- Singapore (43.7 tons)
- Japan (33.0 tons)
- Indonesia (31.5 tons)
- Spain (23.2 tons)
- Brazil (21.0 tons)
- Turkey (20.8 tons)
- United Kingdom (17.4 tons)
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