Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Lithuania - 2023

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $4,661 per ton, which is down by -18.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 395%. As a result, import price reached the peak level of $27,846 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 Italy ($8,895 per ton), while the price for Spain totaled $4,208 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $12,561 per ton in 2022, waning by -29.2% against the previous year. Over the period under review, the export price saw a mild setback. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. The export price peaked at $17,751 per ton in 2021, and then dropped dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -2.0% per year.

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, other than benzaldehydes imported into Lithuania soared to 8.2 tons, jumping by 1,000% on the year before. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,612%. Over the period under review, imports of hit record highs 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 soared to $38K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A1.70.732.8339.3%
ItalyN/AN/AN/A3.20%
LatviaN/A5.8N/AN/A0%
SwedenN/AN/A1.3N/A0%
Others2.50.32.22.2-4.2%
Total2.57.74.338.2148.1%

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

  1. Spain (7.8 tons)
  2. Italy (0.4 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, when their volume increased by 687% to 2.6 tons. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $33K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.26.94.732.057.4%
Others0.20.41.21.071.0%
Total8.47.35.932.957.6%

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

  1. Russia (2.6 tons)

Source: IndexBox Market Intelligence Platform

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