Finland: 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 Finland

After three years of decline, the Finnish market for benzaldehyde and other cyclic aldehydes without other oxygen function decreased by X% to less than $X in 2022. In general, consumption, however, recorded a resilient expansion. The growth pace was the most rapid in 2019 when the market value decreased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, benzaldehyde and other cyclic aldehydes production dropped significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Exports from Finland

For the fifth consecutive year, Finland recorded growth in overseas shipments of benzaldehyde and other cyclic aldehydes without other oxygen function, which increased by X% to X tons in 2019. Overall, exports, however, continue to indicate a perceptible setback. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

In value terms, benzaldehyde and other cyclic aldehydes exports skyrocketed to $X in 2019. Over the period under review, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for benzaldehyde and other cyclic aldehydes exports from Finland, accounting for a X% share of total exports. Moreover, benzaldehyde and other cyclic aldehydes exports to the Netherlands exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2013 to 2019, the average annual growth rate of volume to the Netherlands totaled X.6%.

In value terms, the largest markets for benzaldehyde and other cyclic aldehydes exported from Finland were China ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of X.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $X per ton in 2019, falling by X% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018, and then shrank sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2019, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Imports of Benzaldehyde and other Cyclic Aldehydes Without Other Oxygen Function

Imports into Finland

In 2022, supplies from abroad of benzaldehyde and other cyclic aldehydes without other oxygen function decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports showed a significant decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, benzaldehyde and other cyclic aldehydes imports surged to $X in 2022. In general, imports continue to indicate a sharp setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of benzaldehyde and other cyclic aldehydes to Finland, accounting for a X% share of total imports. Moreover, benzaldehyde and other cyclic aldehydes imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X kg), sixfold. The third position in this ranking was held by China (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and China (X% per year).

In value terms, Austria ($X) constituted the largest supplier of benzaldehyde and other cyclic aldehydes without other oxygen function to Finland, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for benzaldehyde and other cyclic aldehydes without other oxygen function stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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