Ketone-Alcohols and Ketone-Aldehydes Price in the United States - 2023
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in the United States (CIF) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Price in the United States (FOB) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Imports in the United States
- Ketone-Alcohols and Ketone-Aldehydes Exports in the United States
Ketone-Alcohols and Ketone-Aldehydes Price in the United States (CIF) - 2022
The average ketone-alcohols and ketone-aldehydes import price stood at $5,332 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. Over the period under review, average import prices attained the peak figure at $7,754 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 France ($16,231 per ton), while the price for Brazil ($1,473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Price in the United States (FOB) - 2022
The average ketone-alcohols and ketone-aldehydes export price stood at $4,250 per ton in 2022, with an increase of 13% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone-alcohols and ketone-aldehydes export price increased by +70.5% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 57%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($22,802 per ton), while the average price for exports to Belgium ($1,717 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 the Netherlands (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Imports in the United States
Ketone-alcohols and ketone-aldehydes imports into the United States surged to 14K tons in 2022, jumping by 33% compared with the year before. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ketone-alcohols and ketone-aldehydes imports skyrocketed to $73M in 2022. Over the period under review, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ketone-Alcohols and Ketone-Aldehydes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.9 | 12.1 | 12.1 | 21.7 | 22.2% |
| China | 12.9 | 10.0 | 15.7 | 19.1 | 14.0% |
| Belgium | 30.8 | 19.5 | N/A | 11.0 | -29.1% |
| Italy | 3.8 | 3.4 | 7.5 | 6.1 | 17.1% |
| Brazil | 2.2 | 1.5 | 2.7 | 3.7 | 18.9% |
| South Korea | 2.1 | 1.7 | 2.5 | 3.3 | 16.3% |
| India | 0.3 | 0.1 | 0.5 | 0.9 | 44.2% |
| Israel | 0.6 | 0.4 | 0.3 | N/A | -29.3% |
| Others | 3.1 | 3.4 | 5.9 | 7.5 | 34.2% |
| Total | 67.7 | 52.2 | 47.4 | 73.4 | 2.7% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to the United States in 2022:
- Germany (5.8K tons)
- Brazil (2.5K tons)
- Belgium (1.8K tons)
- China (1.5K tons)
- Italy (0.6K tons)
- South Korea (0.6K tons)
- India (0.4K tons)
Ketone-Alcohols and Ketone-Aldehydes Exports in the United States
In 2022, ketone-alcohols and ketone-aldehydes exports from the United States shrank slightly to 2.4K tons, with a decrease of -3% on the previous year's figure. Over the period under review, exports recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 36%.
In value terms, ketone-alcohols and ketone-aldehydes exports expanded remarkably to $10M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Ketone-Alcohols and Ketone-Aldehydes in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,393 | 784 | 1,494 | 2,200 | 16.5% |
| Canada | 1,216 | 1,101 | 1,236 | 1,636 | 10.4% |
| Belgium | 1,311 | 896 | 1,924 | 1,273 | -1.0% |
| Netherlands | 456 | 510 | 544 | 859 | 23.5% |
| Ireland | 5.4 | 3.3 | 1,234 | 704 | 407.1% |
| Germany | 232 | 544 | 590 | 478 | 27.2% |
| Turkey | 188 | 175 | 224 | 450 | 33.8% |
| Brazil | 451 | 570 | 333 | 318 | -11.0% |
| United Kingdom | 385 | 498 | 248 | 301 | -7.9% |
| India | 192 | 227 | 330 | 278 | 13.1% |
| Colombia | 47.2 | 33.8 | 48.8 | 256 | 75.7% |
| Australia | 72.1 | 145 | 172 | 199 | 40.3% |
| China | 311 | 997 | 167 | 120 | -27.2% |
| Others | 768 | 1,379 | 931 | 1,314 | 19.6% |
| Total | 7,027 | 7,863 | 9,475 | 10,385 | 13.9% |
Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from the United States in 2022:
- Belgium (741.5 tons)
- Mexico (578.8 tons)
- Canada (343.7 tons)
- Ireland (101.3 tons)
- Brazil (89.6 tons)
- Australia (79.0 tons)
- Germany (61.2 tons)
- Turkey (60.0 tons)
- United Kingdom (53.7 tons)
- India (52.8 tons)
- Colombia (43.7 tons)
- Netherlands (37.7 tons)
- China (21.1 tons)
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