Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand (CIF) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $5,401 per ton in 2022, with a decrease of -38.3% against the previous year. In general, the import price showed a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $10,222 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 China ($11,575 per ton), while the price for the United States ($5,874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.8%), while the prices for the other major suppliers experienced a decline.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand
For the fourth consecutive year, New Zealand recorded growth in overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 27% to 3.1 tons in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined dramatically to $17K in 2022. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of $21K, and then fell notably in the following year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 2.5 | 1.1 | 7.1 | 58.0% |
| Singapore | 1.5 | 2.7 | 5.3 | 2.9 | 24.6% |
| Spain | 0.3 | 0.4 | 1.6 | 2.3 | 97.2% |
| Australia | 1.3 | 0.5 | 3.6 | 2.0 | 15.4% |
| India | 0.9 | 0.5 | 0.4 | 1.0 | 3.6% |
| China | 1.8 | 1.2 | 2.6 | 0.8 | -23.7% |
| United Kingdom | 0.7 | 1.3 | 0.4 | 0.1 | -47.7% |
| Switzerland | 0.4 | 0.2 | 0.6 | 0.1 | -37.0% |
| Israel | 0.9 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 1.6 | 5.4 | N/A | 132.4% |
| Total | 10.7 | 10.9 | 21.0 | 16.5 | 15.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to New Zealand in 2022:
- United States (1214.0 kg)
- Singapore (482.0 kg)
- Spain (207.0 kg)
- India (165.0 kg)
- China (73.0 kg)
- Australia (23.0 kg)
- United Kingdom (17.0 kg)
- Switzerland (13.0 kg)
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