Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Vietnam - 2022

Contents:

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

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

The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $8,118 per ton in 2022, which is down by -8.7% against the previous year. Over the period under review, the export price recorded a perceptible setback. The growth pace was the most rapid in 2019 an increase of 80% against the previous year. As a result, the export price reached the peak level of $17,383 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($8,118 per ton) and Spain ($8,118 per ton), while the average price for exports to Germany ($8,117 per ton) and the United States ($8,117 per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+68.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $8,741 per ton, stabilizing at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $8,820 per ton in 2019; however, from 2020 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 China ($8,742 per ton), while the price for India amounted to $8,716 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 379 tons of aldehydes; cyclic, without other oxygen function, other than benzaldehydes were exported from Vietnam; growing by 14% against 2021 figures. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 309%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes expanded modestly to $3.1M in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 166%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9025451,7311,87027.5%
Canada95.915036050473.9%
BelgiumN/AN/AN/A2900%
United Kingdom66.872.714323752.5%
Germany58.640.960.112629.1%
Spain33.848.451.139.55.3%
France94.155.252.611.4-50.5%
Others4442015711.9-83.8%
Total1,6951,1142,9693,07822.0%

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

  1. United States (230.3 tons)
  2. Canada (62.1 tons)
  3. Belgium (35.7 tons)
  4. United Kingdom (29.2 tons)
  5. Germany (15.5 tons)
  6. Spain (4.9 tons)
  7. France (1.4 tons)

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

Imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes into Vietnam reduced to 59 tons in 2022, declining by -3.5% against 2021 figures. Over the period under review, imports showed a precipitous curtailment.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes dropped modestly to $519K in 2022. In general, imports saw a dramatic shrinkage.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,521686522504-30.8%
IndiaN/A5.46.212.854.0%
Others9.814.02.72.1-40.2%
Total1,531705531519-30.3%

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

  1. China (57.7 tons)
  2. India (1.5 tons)

Source: IndexBox Market Intelligence Platform

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