Croatia: Market for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function 2024

Market Size for Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in Croatia

The Croatian market for benzaldehyde and other cyclic aldehydes without other oxygen function fell significantly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports from Croatia

In 2022, overseas shipments of benzaldehyde and other cyclic aldehydes without other oxygen function decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, benzaldehyde and other cyclic aldehydes exports shrank remarkably to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X kg) and Kosovo (X kg) were the main destinations of benzaldehyde and other cyclic aldehydes exports from Croatia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of X%).

In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for benzaldehyde and other cyclic aldehydes without other oxygen function exports from Croatia, comprising X% of total exports. The second position in the ranking was held by Kosovo ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina stood at X%.

Export Prices by Country

The average export price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Kosovo totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (X%).

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports into Croatia

Benzaldehyde and other cyclic aldehydes imports into Croatia fell notably to X tons in 2022, dropping by X% against the year before. In general, imports showed a pronounced slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, benzaldehyde and other cyclic aldehydes imports dropped notably to $X in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of benzaldehyde and other cyclic aldehydes to Croatia, accounting for a X% share of total imports. Moreover, benzaldehyde and other cyclic aldehydes imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. France (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Spain ($X) constituted the largest supplier of benzaldehyde and other cyclic aldehydes without other oxygen function to Croatia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average import price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price saw a pronounced setback. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X 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 the United States ($X per ton), while the price for Spain ($X 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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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