Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $5,033 per ton, surging by 42% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aldehydes; cyclic, without other oxygen function, benzaldehydes increased by +60.7% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($51,891 per ton), while the price for India ($2,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $3,303 per ton in 2022, surging by 26% against the previous year. Overall, the export price, however, recorded a slight slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35%. The export price peaked at $3,795 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Peru ($5,932 per ton), while the average price for exports to Switzerland ($2,953 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 Switzerland (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy
In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Italy fell dramatically to 196 tons, which is down by -26.6% on 2021. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 9%.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes totaled $989K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.1% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 320 | 78.1 | 149 | 384 | 6.3% |
| Germany | 151 | 223 | 161 | 155 | 0.9% |
| Spain | 140 | 135 | 174 | 152 | 2.8% |
| Belgium | 229 | 327 | 333 | 135 | -16.2% |
| China | 40.5 | 121 | 86.1 | 80.2 | 25.6% |
| India | 81.2 | N/A | N/A | 38.6 | -22.0% |
| Others | 16.5 | 28.9 | 46.5 | 44.0 | 38.7% |
| Total | 978 | 913 | 950 | 989 | 0.4% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Italy in 2022:
- Netherlands (99.4 tons)
- Belgium (47.9 tons)
- India (17.6 tons)
- China (16.4 tons)
- Spain (11.1 tons)
- Germany (3.0 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy
For the third year in a row, Italy recorded decline in overseas shipments of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -41.2% to 55 tons in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -11.4% was in 2021.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes dropped notably to $183K in 2022. Overall, exports faced a sharp slump. The smallest decline of -18.5% was in 2021.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 136 | 250 | 223 | 125 | -2.8% |
| Switzerland | 13.0 | 39.0 | 22.3 | 44.6 | 50.8% |
| Peru | N/A | N/A | N/A | 5.9 | 0% |
| Latvia | 0.8 | N/A | N/A | 3.5 | 63.6% |
| Ethiopia | 310 | N/A | N/A | N/A | 0% |
| Others | 12.0 | 15.3 | 2.2 | 4.1 | -30.1% |
| Total | 471 | 304 | 248 | 183 | -27.0% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Italy in 2022:
- France (37.7 tons)
- Switzerland (15.1 tons)
- Latvia (1.0 tons)
- Peru (1.0 tons)
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