Denmark: 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 Denmark

The Danish market for benzaldehyde and other cyclic aldehydes without other oxygen function fell dramatically to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, enjoyed noticeable growth. Benzaldehyde and other cyclic aldehydes consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function in Denmark

In value terms, benzaldehyde and other cyclic aldehydes production surged to $X in 2022 estimated in export price. Overall, production saw significant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports from Denmark

After two years of growth, overseas shipments of benzaldehyde and other cyclic aldehydes without other oxygen function decreased by X% to X kg in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, benzaldehyde and other cyclic aldehydes exports contracted significantly to $X in 2022. Over the period under review, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X kg) was the main destination for benzaldehyde and other cyclic aldehydes exports from Denmark, with a X% share of total exports. Moreover, benzaldehyde and other cyclic aldehydes exports to Norway exceeded the volume sent to the second major destination, Faroe Islands (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled X%.

In value terms, Norway ($X) and Faroe Islands ($X) appeared to be the largest markets for benzaldehyde and other cyclic aldehydes exported from Denmark worldwide.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for benzaldehyde and other cyclic aldehydes without other oxygen function amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a dramatic contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports into Denmark

In 2022, the amount of benzaldehyde and other cyclic aldehydes without other oxygen function imported into Denmark dropped significantly to X tons, reducing by X% compared with 2021 figures. In general, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, benzaldehyde and other cyclic aldehydes imports contracted remarkably to $X in 2022. Overall, imports showed a perceptible contraction. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

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

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

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

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

Import Prices by Country

In 2022, the average import price for benzaldehyde and other cyclic aldehydes without other oxygen function amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced markedly in the following year.

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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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