Indonesia: 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 Indonesia

The Indonesian market for benzaldehyde and other cyclic aldehydes without other oxygen function shrank to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a slight setback. Benzaldehyde and other cyclic aldehydes consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, benzaldehyde and other cyclic aldehydes production shrank to $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Benzaldehyde and other cyclic aldehydes production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports from Indonesia

In 2022, overseas shipments of benzaldehyde and other cyclic aldehydes without other oxygen function increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, benzaldehyde and other cyclic aldehydes exports surged to $X in 2022. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for benzaldehyde and other cyclic aldehydes exports from Indonesia, accounting for a X% share of total exports. Moreover, benzaldehyde and other cyclic aldehydes exports to the United States exceeded the volume sent to the second major destination, India (X kg), sevenfold. Singapore (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Singapore (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for benzaldehyde and other cyclic aldehydes without other oxygen function exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average export price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Australia ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports into Indonesia

Benzaldehyde and other cyclic aldehydes imports into Indonesia amounted to X tons in 2022, surging by X% on the year before. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, benzaldehyde and other cyclic aldehydes imports soared to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Philippines (X tons), Germany (X tons) and China (X tons) were the main suppliers of benzaldehyde and other cyclic aldehydes imports to Indonesia, together comprising X% of total imports. India, the United States, the UK, Spain and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest benzaldehyde and other cyclic aldehydes suppliers to Indonesia were Germany ($X), China ($X) and the Philippines ($X), with a combined X% share of total imports. India, Spain, the UK, the United States and Singapore lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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