Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Denmark - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark (CIF) - 2023
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark (FOB) - 2023
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark (CIF) - 2023

In October 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $11,711 per ton, surging by 110% against the previous month. Overall, the import price enjoyed notable growth. The most prominent rate of growth was recorded in June 2023 an increase of 545% m-o-m. As a result, import price attained the peak level of $58,216 per ton. From July 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($125K per ton), while the price for Sweden ($7,439 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark (FOB) - 2023

In October 2023, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $9,499 per ton, picking up by 10% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in August 2023 when the average export price increased by 53% month-to-month. The export price peaked at $10,204 per ton in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Norway ($43,350 per ton), while the average price for exports to Sweden ($10,423 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 Norway (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark

Imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses into Denmark dropped to 889 tons in 2022, which is down by -9.6% compared with 2021. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 984 tons, and then declined in the following year.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $15M in 2022. In general, imports, however, showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Denmark in 2022:

1. Germany (249.7 tons)
2. Norway (214.0 tons)
3. China (179.5 tons)
4. Netherlands (103.4 tons)
5. Switzerland (51.6 tons)
6. Hungary (34.0 tons)
7. United Kingdom (21.1 tons)
8. Sweden (11.7 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Denmark

In 2022, shipments abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -1% to 966 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $4.5M in 2022. Overall, exports, however, continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Denmark in 2022:

1. Sweden (119.8 tons)
2. Norway (39.9 tons)
3. Germany (34.9 tons)
4. Slovakia (34.8 tons)
5. Finland (33.2 tons)
6. Ireland (15.6 tons)
7. Netherlands (10.8 tons)
8. Brazil (9.1 tons)

Source: IndexBox Market Intelligence Platform