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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $8,351 per ton, with a decrease of -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 an increase of 21%. Over the period under review, average import prices reached the maximum at $9,213 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($92,561 per ton), while the price for the Philippines ($4,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+31.9%), 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 Thailand (FOB) - 2022

The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $1,000 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 a decrease of -4.4% against the previous year. The export price peaked at $39,638 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,000 per ton), while the average price for exports to Slovakia totaled $1,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+38.7%).

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

For the fourth year in a row, Thailand recorded growth in overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 25% to 51 tons in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $424K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10372.710617318.9%
PhilippinesN/AN/A42.2101139.3%
France9.020.315.737.861.3%
India15.530.053.734.730.8%
United States54.024.335.828.7-19.0%
Spain4.15.910.925.182.9%
Germany3.87.61.210.339.4%
United Kingdom8.73.23.35.8-12.6%
SingaporeN/AN/A34.93.6-89.7%
Others14.317.947.73.8-35.7%
Total21318235242425.8%

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

  1. Philippines (21.5 tons)
  2. China (17.2 tons)
  3. India (5.5 tons)
  4. France (3.3 tons)
  5. United Kingdom (0.8 tons)
  6. Germany (0.8 tons)
  7. Spain (0.8 tons)
  8. Singapore (0.6 tons)
  9. United States (0.3 tons)

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

In 2022, the amount of aldehydes; cyclic, without other oxygen function, other than benzaldehydes exported from Thailand totaled 3 kg, remaining relatively unchanged against the previous year's figure. Overall, exports saw a sharp curtailment. The smallest decline of 99.9% was in 2021.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes totaled $3 in 2022. Over the period under review, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2021.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Thailand (USD)
COUNTRY202020212022CAGR,
2020-2022
IndonesiaN/AN/A1.00%
SlovakiaN/AN/A1.00%
China1,863N/AN/A0%
OthersN/AN/A1.00%
Total1,863N/A3.0-96.0%

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

  1. Indonesia (1.0 kg)
  2. Slovakia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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