Latvia - Benzaldehyde and other Cyclic Aldehydes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzaldehyde and Other Cyclic Aldehydes in Latvia - 2023
Contents:
- Price for Benzaldehyde and Other Cyclic Aldehydes in Latvia (CIF) - 2022
- Price for Benzaldehyde and Other Cyclic Aldehydes in Latvia (FOB) - 2022
- Imports of Benzaldehyde and Other Cyclic Aldehydes in Latvia
- Exports of Benzaldehyde and Other Cyclic Aldehydes in Latvia
Price for Benzaldehyde and Other Cyclic Aldehydes in Latvia (CIF) - 2022
The average import price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $11,257 per ton in 2022, rising by 17% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, benzaldehyde and other cyclic aldehydes import price increased by +85.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 France ($17,907 per ton), while the price for Germany ($3,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Benzaldehyde and Other Cyclic Aldehydes in Latvia (FOB) - 2022
In 2022, the average export price for benzaldehyde and other cyclic aldehydes without other oxygen function amounted to $29,847 per ton, picking up by 92% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 297% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($170,667 per ton), while the average price for exports to the Netherlands ($5,500 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+102.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Benzaldehyde and Other Cyclic Aldehydes in Latvia
In 2022, after two years of decline, there was growth in supplies from abroad of benzaldehyde and other cyclic aldehydes without other oxygen function, when their volume increased by 4% to 37 tons. In general, imports, however, recorded a abrupt decrease.
In value terms, benzaldehyde and other cyclic aldehydes imports soared to $417K in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Benzaldehyde and Other Cyclic Aldehydes in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 73.1 | 84.1 | 111 | 234 | 47.4% |
| China | 39.0 | 58.0 | 37.9 | 74.9 | 24.3% |
| France | 23.4 | 32.7 | 49.4 | 43.5 | 23.0% |
| Ukraine | 72.7 | 67.8 | 40.8 | 26.6 | -28.5% |
| Germany | 107 | 78.9 | 66.1 | 14.8 | -48.3% |
| Italy | 1.9 | 28.9 | 19.5 | 11.8 | 83.8% |
| Netherlands | 6.5 | 1.7 | N/A | 10.2 | 16.2% |
| Others | 6.6 | 3.9 | 17.9 | 1.2 | -43.3% |
| Total | 330 | 356 | 342 | 417 | 8.1% |
Top Suppliers of Benzaldehyde and Other Cyclic Aldehydes to Latvia in 2022:
- Spain (17.7 tons)
- China (7.8 tons)
- Germany (4.3 tons)
- France (2.4 tons)
- Italy (1.9 tons)
- Ukraine (1.7 tons)
- Netherlands (1.2 tons)
Exports of Benzaldehyde and Other Cyclic Aldehydes in Latvia
In 2022, after three years of growth, there was significant decline in shipments abroad of benzaldehyde and other cyclic aldehydes without other oxygen function, when their volume decreased by -9.6% to 704 kg. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 116% against the previous year.
In value terms, benzaldehyde and other cyclic aldehydes exports surged to $21K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 88%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Benzaldehyde and Other Cyclic Aldehydes in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.7 | 3.1 | 4.6 | 13.8 | 170.1% |
| Netherlands | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Germany | 1.0 | 0.2 | 6.1 | 0.1 | -53.6% |
| Uzbekistan | N/A | 0.3 | N/A | N/A | 0% |
| India | 0.3 | N/A | N/A | N/A | 0% |
| Lithuania | N/A | 2.1 | N/A | N/A | 0% |
| Others | 1.6 | 1.7 | 1.4 | 7.0 | 63.6% |
| Total | 3.9 | 7.4 | 12.1 | 21.0 | 75.3% |
Top Export Markets for Benzaldehyde and Other Cyclic Aldehydes from Latvia in 2022:
- Switzerland (650.0 kg)
- Netherlands (18.0 kg)
- Germany (12.0 kg)
This report provides an in-depth analysis of the market for benzaldehyde and other cyclic aldehydes in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146120 - Cyclic aldehydes, without other oxygen function
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
988
In value terms, aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
1013
In value terms, halogenated, sulphonated, nitrated aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
956
In value terms, aldehydes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated...
642
In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
