Saudi Arabia: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Saudi Arabia

The Saudi market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function contracted slightly to $X in 2022, declining by -2.9% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.0% against 2016 indices. Butanal butanal and acyclic aldehydes consumption peaked at $X in 2021, and then reduced modestly in the following year.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Saudi Arabia

In value terms, butanal butanal and acyclic aldehydes production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 200%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Saudi Arabia

In 2022, shipments abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function was finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, exports, however, faced a significant decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports soared to $X in 2022. In general, exports, however, continue to indicate a dramatic decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled -1.3%.

In value terms, Belgium ($X) also remains the key foreign market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled +90.3%.

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, with a decrease of -9.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +93.0% per year.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Saudi Arabia

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were imported into Saudi Arabia; declining by -2.7% compared with 2021. Overall, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2019 when imports increased by 72% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports shrank to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by 78%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Saudi Arabia, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +32.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) were the largest butanal butanal and acyclic aldehydes suppliers to Saudi Arabia, with a combined 98% share of total imports.

In terms of the main suppliers, China, with a CAGR of +24.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, dropping by -2.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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