Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran - 2022

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (CIF) - 2022
  2. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (FOB) - 2022
  3. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran
  4. Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (CIF) - 2022

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $3,735 per ton, shrinking by -21.2% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 37%. The import price peaked at $8,395 per ton in 2012; however, from 2013 to 2022, 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 Spain ($9,476 per ton), while the price for Malaysia ($2,339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (FOB) - 2022

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $2,234 per ton, reducing by -7.3% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. The export price peaked at $5,430 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Turkmenistan amounted to +4.8% per year.

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran

After three years of growth, purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -79.3% to 14 tons in 2022. Over the period under review, imports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 68 tons, and then fell remarkably in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes dropped significantly to $52K in 2022. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates12617218237.3-33.4%
Spain3.123.835.46.125.3%
India82.633.329.55.0-60.7%
China41.156.820.62.2-62.3%
MalaysiaN/AN/A47.70.9-98.1%
Others5.03.95.50.9-43.5%
Total25829032152.4-41.2%

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Iran in 2022:

  1. United Arab Emirates (11.0 tons)
  2. India (1.2 tons)
  3. China (0.7 tons)
  4. Spain (0.6 tons)
  5. Malaysia (0.4 tons)

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran

In 2022, the amount of aldehydes; cyclic, without other oxygen function, other than benzaldehydes exported from Iran rose notably to 9.8 tons, increasing by 8.5% against the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 87%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reached $22K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 101%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq10.821.621.821.926.6%
OthersN/AN/AN/AN/A0%
Total10.821.621.821.926.6%

Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Iran in 2022:

  1. Iraq (9.8 tons)

Source: IndexBox Market Intelligence Platform

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