Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $7,778 per ton in 2022, approximately equating the previous year. In general, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 4.1%. The export price peaked at $8,922 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,480 per ton), while the average price for exports to South Korea ($5,087 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 Spain (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $10,279 per ton in 2022, declining by -2.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. As a result, import price attained the peak level of $10,542 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($22,159 per ton), while the price for the Philippines ($5,682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), 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 Japan
For the fourth consecutive year, Japan recorded growth in shipments abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 12% to 11K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained 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 rose sharply to $83M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; 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 15% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.0 | 34.1 | 24.0 | 35.4 | 3.4% |
| Mexico | 10.4 | 13.5 | 18.6 | 17.6 | 19.2% |
| China | 10.0 | 10.1 | 11.3 | 14.6 | 13.4% |
| India | 5.9 | 9.3 | 11.1 | 9.9 | 18.8% |
| Germany | N/A | N/A | 2.4 | 1.3 | -45.8% |
| Others | 4.2 | 5.0 | 5.9 | 4.5 | 2.3% |
| Total | 62.6 | 72.0 | 73.3 | 83.2 | 9.9% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Japan in 2022:
- United States (4.1K tons)
- China (2.3K tons)
- Mexico (2.2K tons)
- India (1.5K tons)
- Germany (0.2K tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan
In 2022, approx. 1.1K tons of aldehydes; cyclic, without other oxygen function, other than benzaldehydes were imported into Japan; surging by 7.7% on the year before. In general, imports, however, saw a noticeable decline.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes rose sharply to $11M in 2022. Overall, imports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 3.0 | 3.0 | 4.1 | 21.3% |
| Philippines | 2.1 | 1.9 | 2.3 | 2.7 | 8.7% |
| Spain | 1.3 | 0.7 | 0.7 | 0.8 | -14.9% |
| United Kingdom | 1.8 | 1.1 | 0.5 | 0.7 | -27.0% |
| Germany | 1.3 | 0.5 | 1.0 | 0.7 | -18.6% |
| Austria | 1.6 | 0.5 | 1.6 | 0.5 | -32.1% |
| India | 0.4 | 0.3 | 0.6 | 0.4 | 0.0% |
| United States | 0.5 | 0.4 | 0.2 | 0.3 | -15.7% |
| Others | 0.6 | 0.4 | 0.5 | 0.9 | 14.5% |
| Total | 11.8 | 8.8 | 10.5 | 11.0 | -2.3% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Japan in 2022:
- Philippines (483.4 tons)
- China (184.0 tons)
- United Kingdom (92.5 tons)
- Germany (88.9 tons)
- Spain (57.7 tons)
- Austria (36.4 tons)
- India (35.3 tons)
- United States (34.7 tons)
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