Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Malaysia - 2024

Contents:

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

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

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $38,921 per ton, jumping by 37% against the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 381% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +42.2% per year.

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $3,460 per ton, declining by -66.9% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 68% against the previous year. The import price peaked at $14,470 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,540 per ton), while the price for China stood at $3,292 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 151 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were exported from Malaysia; rising by 361% on the year before. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 4,656% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes surged to $5.9M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 22,784%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1.20.95.9121.7%
CanadaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
TotalN/A1.20.95.9121.7%

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

  1. United States (151.4 tons)

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

Imports of aldehydes; cyclic, without other oxygen function, benzaldehydes into Malaysia reduced notably to 1.2 tons in 2022, dropping by -92% compared with the previous year. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,862% against the previous year. As a result, imports attained the peak of 15 tons, and then reduced notably in the following year.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank sharply to $4.3K in 2022. In general, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 2,037% against the previous year. As a result, imports reached the peak of $162K, and then contracted significantly in the following year.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A3.00%
China0.20.12.61.386.6%
Japan8.06.3137N/A313.8%
United Kingdom1.10.43.0N/A65.1%
India0.30.23.2N/A226.6%
DenmarkN/AN/A2.5N/A0%
Singapore0.10.23.7N/A508.3%
United States0.80.35.6N/A164.6%
Others1.30.23.7N/A68.7%
Total11.87.61624.3-28.6%

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

  1. Netherlands (840.0 kg)
  2. China (400.0 kg)

Source: IndexBox Market Intelligence Platform

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