Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia - 2022
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (FOB) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (CIF) - 2022
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (FOB) - 2022
In 2021, the average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $14,210 per ton, shrinking by -4.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 21%. As a result, the export price reached the peak level of $15,352 per ton. From 2017 to 2021, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($642 per ton), while the average price for exports to Belgium ($615 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+8.0%).
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $4,162 per ton in 2021, picking up by 42% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 614% against the previous year. As a result, import price attained the peak level of $20,948 per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($68,932 per ton), while the price for the Netherlands ($3,742 per ton) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+82.8%), 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 Saudi Arabia
In 2022, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from Saudi Arabia dropped rapidly to 29 tons, with a decrease of -95.7% compared with 2021 figures. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes contracted remarkably to $397K in 2022. Over the period under review, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.
Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 6.9 | 5.7 | 7.6 | 4.9% | |
Belgium | N/A | N/A | 1.6 | 0% | |
United States | N/A | N/A | 0.3 | 0% | |
Thailand | N/A | 0.6 | N/A | 0% | |
Singapore | 3.4 | 1.9 | N/A | -44.1% | |
Others | N/A | N/A | N/A | 0% | |
Total | 10.3 | 8.2 | 9.5 | -4.0% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Saudi Arabia in 2022:
- China (11.8K tons)
- Belgium (2.5K tons)
- United States (0.5K tons)
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia
After two years of growth, overseas purchases of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -93.3% to 5.4 tons in 2021. Over the period under review, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 129% against the previous year. As a result, imports reached the peak of 80 tons, and then shrank markedly in the following year.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes shrank to $230K in 2021. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports reached the peak of $234K, and then contracted modestly in the following year.
Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Netherlands | N/A | 37.0 | 198 | 435.1% | |
China | 67.3 | 79.8 | 11.3 | -59.0% | |
United Arab Emirates | 34.9 | 110 | N/A | 215.2% | |
Others | 19.2 | 7.1 | 20.6 | 3.6% | |
Total | 121 | 234 | 230 | 37.9% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Saudi Arabia in 2022:
- Netherlands (52.9 tons)
- China (2.0 tons)
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