Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $9,864 per ton in 2022, picking up by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. Over the period under review, average import prices hit record highs 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 Mexico ($24,138 per ton), while the price for the United States ($5,661 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.6%), 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 Argentina (FOB) - 2022
In 2022, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $13,021 per ton, dropping by -31.4% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 51%. As a result, the export price attained the peak level of $56,664 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.2% per year.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina
In 2022, purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -11.6% to 414 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, imports attained the peak of 580 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes reduced to $4.1M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 42%. As a result, imports reached the peak of $5.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 668 | 974 | 1,128 | 868 | 9.1% |
| United Kingdom | 678 | 746 | 744 | 854 | 8.0% |
| Mexico | 133 | 348 | 524 | 598 | 65.1% |
| Germany | 707 | 792 | 491 | 464 | -13.1% |
| Spain | 386 | 720 | 519 | 453 | 5.5% |
| United States | 592 | 498 | 387 | 370 | -14.5% |
| India | 100 | 333 | 468 | 221 | 30.3% |
| Philippines | N/A | 232 | N/A | N/A | 0% |
| Others | 377 | 526 | 277 | 255 | -12.2% |
| Total | 3,642 | 5,169 | 4,539 | 4,083 | 3.9% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Argentina in 2022:
- United Kingdom (133.1 tons)
- Germany (67.6 tons)
- United States (65.3 tons)
- China (57.2 tons)
- India (33.2 tons)
- Mexico (24.8 tons)
- Spain (22.4 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina
In 2022, the amount of aldehydes; cyclic, without other oxygen function, other than benzaldehydes exported from Argentina soared to 4.3 tons, increasing by 5,781% on 2021 figures. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes surged to $56K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.7 | 3.6 | 0.2 | 55.9 | 330.6% |
| Spain | 3.5 | 24.9 | 0.9 | N/A | -49.3% |
| Others | 1.1 | 9.4 | 0.3 | N/A | -47.8% |
| Total | 5.3 | 38.0 | 1.4 | 55.9 | 119.3% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Argentina in 2022:
- Brazil (4.3 tons)
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