Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $9,402 per ton in 2022, with an increase of 18% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 207% against the previous year. Over the period under review, the average export prices reached the maximum at $14,282 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($25,482 per ton), while the average price for exports to Brazil ($4,707 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 (+10.9%), 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 Belgium (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $6,142 per ton, jumping by 23% against the previous year. In general, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 87%. The import price peaked at $12,514 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($97,135 per ton), while the price for India ($3,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 8.5% to 1.1K tons in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 414% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes surged to $10M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 539% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.3 | 761 | 1,717 | 3,081 | 568.8% |
| Switzerland | 29.1 | 813 | 3,102 | 2,412 | 336.0% |
| France | 8.3 | 468 | 1,065 | 1,289 | 437.5% |
| Singapore | 116 | 367 | 229 | 730 | 84.6% |
| United States | 132 | 488 | 567 | 699 | 74.3% |
| Netherlands | 194 | 146 | 248 | 589 | 44.8% |
| Brazil | N/A | N/A | 19.3 | 257 | 1231.6% |
| Others | 130 | 913 | 1,043 | 1,148 | 106.7% |
| Total | 619 | 3,957 | 7,991 | 10,205 | 154.5% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Belgium in 2022:
- Switzerland (405.4 tons)
- Germany (189.0 tons)
- France (147.1 tons)
- Netherlands (101.4 tons)
- Singapore (85.4 tons)
- Brazil (54.6 tons)
- United States (27.4 tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium
For the fourth consecutive year, Belgium recorded growth in overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 11% to 1.4K tons in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 629% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes surged to $8.9M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 335% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 2.2 | 2.8 | 5.0 | 155.4% |
| Mexico | N/A | N/A | 2.5 | 3.0 | 20.0% |
| India | 0.2 | 1.2 | 0.9 | 0.8 | 58.7% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 0.8 | 3.4 | 6.5 | 8.9 | 123.2% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Belgium in 2022:
- Germany (900.2 tons)
- Mexico (309.6 tons)
- India (216.1 tons)
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