Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Canada - 2023

Contents:

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

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $11,513 per ton, jumping by 106% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 243% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($44,966 per ton), while the price for the UK ($6,221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $1,795 per ton in 2022, rising by 3% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 36%. As a result, the export price reached the peak level of $2,683 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($1,912 per ton) and China ($1,681 per ton), while the average price for exports to Germany ($1,671 per ton) and Mexico ($1,675 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -55.4% to 251 tons, falling for the second year in a row after two years of growth. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 152% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes declined to $2.9M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 150%.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1011,7251,8711,281133.2%
Vietnam11128546383696.0%
China5074754605915.2%
India17075.2292111-13.2%
United Kingdom98.234.929.613.6-48.3%
Others75.859.140.360.3-7.3%
Total1,0642,6553,1572,89339.6%

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

  1. United States (163.4 tons)
  2. China (46.4 tons)
  3. Vietnam (18.6 tons)
  4. India (17.7 tons)
  5. United Kingdom (2.2 tons)

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

Exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from Canada reduced slightly to 9.8 tons in 2022, stabilizing at 2021 figures. Overall, exports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes expanded slightly to $18K in 2022. Over the period under review, exports showed a abrupt decline.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.65.7N/A9.326.4%
MexicoN/AN/AN/A2.30%
GermanyN/A0.30.91.6130.9%
Japan2.27.73.01.3-16.1%
ChinaN/A1.03.40.8-10.6%
South Korea1.2N/A5.40.6-20.6%
SlovakiaN/AN/AN/A0.50%
India9.7N/AN/A0.1-78.2%
Hong Kong SAR3.73.11.6N/A-34.2%
RussiaN/AN/A1.3N/A0%
OthersN/A1.01.70.9-5.1%
Total21.318.917.217.5-6.3%

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

  1. United States (4.9 tons)
  2. Mexico (1.3 tons)
  3. Germany (1.0 tons)
  4. Japan (0.8 tons)
  5. China (0.5 tons)
  6. Slovakia (0.3 tons)
  7. South Korea (0.3 tons)
  8. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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