Price for Aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde) in Sri Lanka - 2022
Contents:
- Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Sri Lanka (CIF) - 2022
- Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Sri Lanka
Price for Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Sri Lanka (CIF) - 2022
In 2022, the average import price for aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s amounted to $25,707 per ton, jumping by 32% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 UK ($36,693 per ton), while the price for the United States ($13,262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Sri Lanka
In 2022, supplies from abroad of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s increased by 17% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep contraction.
In value terms, imports of aldehyde-ethers, aldehyde-phenols and aldehydes with other oxygen function; vanillin (4-hydroxy-3-methoxybenzaldehyde)s skyrocketed to $519K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +64.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 148 | 145 | 191 | 336 | 31.4% |
| United Kingdom | 89.1 | 92.8 | 39.2 | 147 | 18.2% |
| United States | 14.6 | 0.1 | 7.5 | 19.7 | 10.5% |
| Norway | 10.2 | 11.4 | 4.2 | 16.3 | 16.9% |
| Malaysia | 11.7 | 15.3 | 14.2 | N/A | 10.2% |
| France | 14.4 | 10.7 | 16.4 | N/A | 6.7% |
| Singapore | 58.1 | 17.1 | 22.6 | N/A | -37.6% |
| Others | 57.2 | 24.2 | 40.6 | 0.4 | -80.9% |
| Total | 404 | 316 | 336 | 519 | 8.7% |
Top Suppliers of Aldehyde-Ethers, Aldehyde-Phenols and Aldehydes with Other Oxygen Function; Vanillin (4-Hydroxy-3-Methoxybenzaldehyde) to Sri Lanka in 2022:
- China (14.2 tons)
- United Kingdom (4.0 tons)
- United States (1.5 tons)
- Norway (0.6 tons)
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