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

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $4,344 per ton, declining by -35.5% against the previous year. Overall, the import price saw a mild downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 68%. As a result, import price reached the peak level of $6,736 per ton, and then plummeted 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 Belgium ($23,186 per ton), while the price for India ($2,550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes amounted to $2,909 per ton, which is down by -4.1% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 642%. As a result, the export price attained the peak level of $24,811 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Namibia ($11,109 per ton), while the average price for exports to Zambia ($2,494 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 Namibia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of aldehydes; cyclic, without other oxygen function, benzaldehydes into South Africa surged to 8.7 tons in 2022, picking up by 99% compared with the previous year. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 190%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes soared to $38K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.410.74.912.7108.6%
United States6.211.314.99.615.7%
India0.11.72.16.2295.8%
Belgium3.96.34.74.11.7%
Netherlands2.91.01.83.67.5%
Others1.42.11.21.76.7%
Total15.833.029.637.933.9%

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

  1. China (3.9 tons)
  2. India (2.4 tons)
  3. United States (1.8 tons)
  4. Netherlands (0.3 tons)
  5. Belgium (0.2 tons)

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

In 2022, overseas shipments of aldehydes; cyclic, without other oxygen function, benzaldehydes were finally on the rise to reach 3.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant decrease.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes skyrocketed to $9.9K in 2022. Over the period under review, exports, however, faced a sharp decrease.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia6.9N/AN/A7.52.8%
Zimbabwe0.10.10.21.1122.4%
MozambiqueN/AN/AN/A0.60%
Namibia0.4N/A0.90.614.5%
BotswanaN/A1.80.5N/A-72.2%
Democratic Republic of the CongoN/A32.30.8N/A-97.5%
France225N/AN/AN/A0%
Others0.20.20.4N/A41.4%
Total23234.32.89.9-65.1%

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

  1. Zambia (3000.0 kg)
  2. Mozambique (200.0 kg)
  3. Zimbabwe (135.0 kg)
  4. Namibia (55.0 kg)

Source: IndexBox Market Intelligence Platform

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