Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $14,627 per ton, dropping by -21.8% against the previous year. Overall, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 118%. As a result, import price reached the peak level of $35,500 per ton. From 2019 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 the Netherlands ($166,056 per ton), while the price for the Czech Republic ($1,715 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 (+64.5%), 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 Hungary (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $11,529 per ton, dropping by -4.1% against the previous year. Over the period under review, the export price continues to indicate a significant curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49%. The export price peaked at $158,579 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Serbia.
From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to -0.0% per year.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary
For the fourth year in a row, Hungary recorded growth in overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 15% to 6.3 tons in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined to $92K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 15.6 | 19.3 | 39.4 | 33.8 | 29.4% |
| Netherlands | N/A | N/A | 7.2 | 23.6 | 227.8% |
| France | 11.1 | 20.0 | 17.1 | 10.8 | -0.9% |
| Germany | 7.3 | 14.4 | 11.2 | 7.6 | 1.4% |
| Czech Republic | N/A | 0.1 | N/A | 3.3 | 474.5% |
| Others | 14.9 | 17.8 | 27.0 | 12.7 | -5.2% |
| Total | 48.9 | 71.5 | 102 | 91.9 | 23.4% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Hungary in 2022:
- Spain (3.6 tons)
- Czech Republic (1.9 tons)
- France (0.3 tons)
- Netherlands (0.1 tons)
- Germany (0.1 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary
In 2022, overseas shipments of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -44.9% to 450 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes shrank markedly to $5.2K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 45%.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 5.6 | 6.8 | 9.5 | 5.2 | -2.4% |
| Poland | 1.1 | 1.2 | N/A | N/A | 9.1% |
| Others | N/A | 1.7 | 0.3 | N/A | -82.4% |
| Total | 6.7 | 9.7 | 9.8 | 5.2 | -8.1% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Hungary in 2022:
- Serbia (450.0 kg)
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