Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in Turkey - 2023

Contents:

  1. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (CIF) - 2023
  2. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (FOB) - 2022
  3. Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey
  4. Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (CIF) - 2023

In December 2023, the average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $10,587 per ton, reducing by -7.4% against the previous month. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in January 2023 an increase of 35% m-o-m. As a result, import price reached the peak level of $23,290 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($28,843 per ton), while the price for China ($8,654 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 Norway (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (FOB) - 2022

In 2022, the average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $20,234 per ton, jumping by 45% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s increased by +87.4% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($27,000 per ton), while the average price for exports to Burkina Faso ($3,271 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 Bangladesh (+74.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey

In 2022, purchases abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s was finally on the rise to reach 469 tons after two years of decline. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s surged to $12M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.12.32.76.628.6%
France2.02.23.52.913.2%
Italy0.52.40.21.233.9%
IndonesiaN/AN/A0.10.5400.0%
Norway0.40.20.50.40.0%
Mexico0.30.30.20.2-12.6%
United States0.3N/A0.10.1-30.7%
India0.20.30.1N/A-29.3%
Others0.10.1N/AN/A0.0%
Total6.97.97.411.919.9%

Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to Turkey in 2022:

  1. China (274.0 tons)
  2. France (145.5 tons)
  3. Indonesia (15.5 tons)
  4. Italy (14.8 tons)
  5. Norway (10.6 tons)
  6. Mexico (5.1 tons)
  7. United States (3.1 tons)

Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey

In 2022, approx. 18 tons of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s were exported from Turkey; waning by -8.9% compared with the previous year. In general, exports recorded a abrupt decline. The smallest decline of -6.6% was in 2020.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s surged to $373K in 2022. Over the period under review, exports saw a relatively flat trend pattern.

Export of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A1090%
Turkmenistan13.3N/A55.780.982.5%
IsraelN/AN/AN/A72.90%
Iraq34.73.742.925.1-10.2%
Syrian Arab RepublicN/AN/AN/A20.40%
Netherlands0.335.51.316.6281.1%
Burkina FasoN/A28.77.88.2-46.5%
Georgia25.20.1N/A2.4-54.3%
Azerbaijan48.528.544.61.1-71.7%
Uzbekistan29.30.810.50.2-81.0%
EgyptN/A68.5N/AN/A0%
Iran39.7N/A0.6N/A-87.7%
Saudi Arabia130N/AN/AN/A0%
Others59.324811936.1-15.2%
Total380414282373-0.6%

Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) from Turkey in 2022:

  1. Austria (4.0 tons)
  2. Turkmenistan (3.5 tons)
  3. Israel (2.7 tons)
  4. Burkina Faso (2.5 tons)
  5. Syrian Arab Republic (1.2 tons)
  6. Iraq (1.2 tons)
  7. Netherlands (1.0 tons)
  8. Georgia (0.2 tons)
  9. Azerbaijan (0.1 tons)

Source: IndexBox Market Intelligence Platform

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