Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands - 2023

Contents:

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

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands (FOB) - 2022

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $2,577 per ton, growing by 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($3,706 per ton), while the average price for exports to the UK ($1,819 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $60,806 per ton, increasing by 5.7% against the previous year. In general, the import price recorded a buoyant increase. The growth pace was the most rapid in 2021 when the average import price increased by 151% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($495,615 per ton), while the price for Italy ($3,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+47.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands

In 2022, shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -41.2% to 7.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,953%.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes fell significantly to $19M in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,507%.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/A4.24.69.5%
United KingdomN/A7.25.54.4-21.8%
Taiwan (Chinese)N/A2.6N/A1.7-19.1%
IndiaN/A2.53.21.7-17.5%
GermanyN/A0.71.21.125.4%
SpainN/A0.90.91.05.4%
ChinaN/A1.21.00.9-13.4%
South KoreaN/A0.7N/A0.913.4%
United States1.03.30.90.8-7.2%
Others0.20.75.51.491.3%
Total1.219.822.318.6149.3%

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

  1. United Kingdom (2430.9 tons)
  2. Ireland (1508.7 tons)
  3. Taiwan (Chinese) (674.0 tons)
  4. India (609.1 tons)
  5. China (448.5 tons)
  6. Spain (362.6 tons)
  7. South Korea (321.9 tons)
  8. Germany (276.2 tons)
  9. United States (205.4 tons)

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands

For the third consecutive year, the Netherlands recorded decline in purchases abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -14.7% to 79 tons in 2022. In general, imports showed a abrupt decline. The smallest decline of -0.6% was in 2020.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes reduced to $4.8M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 94%.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3054444,5064,074137.3%
Germany3902772813930.3%
United States2052812682111.0%
Italy623N/A24.653.8-55.8%
United Kingdom0.33.313340.2411.7%
IndiaN/AN/AN/A9.90%
Others95.52,14197.35.3-61.9%
Total1,6193,1465,3104,78843.5%

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

  1. United States (26.8 tons)
  2. Germany (22.6 tons)
  3. Italy (16.1 tons)
  4. China (8.2 tons)
  5. United Kingdom (2.3 tons)
  6. India (1.2 tons)

Source: IndexBox Market Intelligence Platform

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