Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde) in Spain - 2023

Contents:

1. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain (CIF) - 2023
2. Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain (FOB) - 2023
3. Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain
4. Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain (CIF) - 2023

The average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s stood at $13,388 per ton in October 2023, rising by 2.1% against the previous month. Overall, the import price, however, saw a noticeable slump. The most prominent rate of growth was recorded in September 2023 an increase of 71% against the previous month. Over the period under review, average import prices reached the peak figure at $17,548 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were France ($16,855 per ton) and the Netherlands ($16,307 per ton), while the price for China ($11,242 per ton) and Germany ($12,719 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain (FOB) - 2023

In October 2023, the average export price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s amounted to $13,214 per ton, declining by -13.2% against the previous month. Overall, the export price recorded a noticeable decline. The growth pace was the most rapid in August 2023 an increase of 74% month-to-month. As a result, the export price reached the peak level of $23,770 per ton. From September 2023 to October 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($30,418 per ton), while the average price for exports to France ($11,079 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain

For the fourth consecutive year, Spain recorded growth in supplies from abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s, which increased by 7.9% to 303 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s skyrocketed to $6.6M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) to Spain in 2022:

1. China (266.2 tons)
2. Germany (14.9 tons)
3. United States (11.6 tons)
4. France (7.5 tons)

Exports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) in Spain

For the fourth consecutive year, Spain recorded growth in overseas shipments of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s, which increased by 7.7% to 187 tons in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde)s skyrocketed to $5.1M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 109%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Ethylvanillin (3-Ethoxy-4-Hydroxybenzaldehyde) from Spain in 2022:

1. France (40.3 tons)
2. Italy (23.5 tons)
3. Turkey (21.3 tons)
4. Argentina (18.0 tons)
5. Brazil (10.3 tons)
6. Germany (9.3 tons)
7. Poland (5.8 tons)
8. Denmark (5.6 tons)
9. Guatemala (5.0 tons)
10. Tunisia (4.8 tons)
11. Peru (4.6 tons)
12. Israel (4.0 tons)
13. Costa Rica (4.0 tons)

Source: IndexBox Market Intelligence Platform