Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Luxembourg - 2023

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Luxembourg (CIF) - 2022
  2. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Luxembourg

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

The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $31,923 per ton in 2022, reducing by -9% against the previous year. Over the period under review, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when the average import price decreased by -7.7% against the previous year. The import price peaked at $38,000 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,000 per ton), while the price for China ($19,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third consecutive year, Luxembourg recorded growth in purchases abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 225% to 39 kg in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,100% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes surged to $1.2K in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,008% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Luxembourg (USD)
COUNTRY202020212022CAGR,
2020-2022
Belgium38.04211,039422.9%
GermanyN/AN/A1480%
ChinaN/AN/A58.00%
OthersN/AN/AN/A0%
Total38.04211,245472.4%

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

  1. Belgium (32.0 kg)
  2. Germany (4.0 kg)
  3. China (3.0 kg)

Source: IndexBox Market Intelligence Platform

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