Ketone-Alcohols and Ketone-Aldehydes Price in Turkey - 2023
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in Turkey (CIF) - 2023
- Ketone-Alcohols and Ketone-Aldehydes Price in Turkey (FOB) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Imports in Turkey
- Ketone-Alcohols and Ketone-Aldehydes Exports in Turkey
Ketone-Alcohols and Ketone-Aldehydes Price in Turkey (CIF) - 2023
In July 2023, the average ketone-alcohols and ketone-aldehydes import price amounted to $1,762 per ton, declining by -27.5% against the previous month. Over the period under review, the import price faced a abrupt slump. The growth pace was the most rapid in May 2023 an increase of 51% m-o-m. The import price peaked at $6,287 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($10,333 per ton), while the price for India ($1,482 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Price in Turkey (FOB) - 2022
In 2022, the average ketone-alcohols and ketone-aldehydes export price amounted to $3,410 per ton, jumping by 44% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $4,836 per ton in 2016; however, from 2017 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 Pakistan ($4,400 per ton), while the average price for exports to Italy ($368 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 United States (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ketone-Alcohols and Ketone-Aldehydes Imports in Turkey
In 2022, after three years of growth, there was decline in purchases abroad of ketone-alcohols and ketone-aldehydeses, when their volume decreased by -1.7% to 1.3K tons. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 15%.
In value terms, ketone-alcohols and ketone-aldehydes imports amounted to $5.1M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Ketone-Alcohols and Ketone-Aldehydes in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 651 | 618 | 1,025 | 1,274 | 25.1% |
| Brazil | 364 | 542 | 935 | 1,094 | 44.3% |
| Italy | 743 | 689 | 888 | 744 | 0.0% |
| South Korea | 955 | 1,020 | 1,069 | 640 | -12.5% |
| United States | 159 | 244 | 257 | 510 | 47.5% |
| France | 175 | 201 | 258 | 492 | 41.1% |
| India | 152 | 54.5 | 182 | 206 | 10.7% |
| Austria | 332 | 163 | 175 | 32.6 | -53.9% |
| Others | 221 | 64.6 | 80.4 | 96.3 | -24.2% |
| Total | 3,751 | 3,596 | 4,868 | 5,089 | 10.7% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Turkey in 2022:
- Brazil (534.4 tons)
- France (198.7 tons)
- China (168.5 tons)
- South Korea (139.2 tons)
- India (96.3 tons)
- Italy (89.8 tons)
- United States (26.6 tons)
- Austria (8.0 tons)
Ketone-Alcohols and Ketone-Aldehydes Exports in Turkey
In 2022, ketone-alcohols and ketone-aldehydes exports from Turkey reached 105 tons, rising by 1.9% on 2021. In general, exports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.4%.
In value terms, ketone-alcohols and ketone-aldehydes exports surged to $358K in 2022. Overall, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ketone-Alcohols and Ketone-Aldehydes in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 71.0 | 94.4 | 94.3 | 298 | 61.3% |
| Germany | 62.6 | 14.0 | 25.4 | 12.0 | -42.3% |
| United States | N/A | 5.3 | 44.1 | 8.7 | 28.1% |
| Italy | 5.8 | 11.7 | 9.2 | 1.2 | -40.9% |
| Czech Republic | 144 | 40.5 | 9.7 | N/A | -74.0% |
| Pakistan | N/A | 72.5 | 24.6 | N/A | -66.1% |
| Others | 35.6 | 28.2 | 36.1 | 38.4 | 2.6% |
| Total | 319 | 267 | 243 | 358 | 3.9% |
Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Turkey in 2022:
- Pakistan (undefined tons)
- Russia (74.0 tons)
- Germany (19.8 tons)
- Italy (3.3 tons)
- United States (2.3 tons)
117
This report provides an in-depth analysis of the market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function in Turkey.
475
This report provides an in-depth analysis of the ketone and quinone market in Turkey.
350
This report provides an in-depth analysis of the methyl isobutyl ketone market in Turkey.
1193
This report provides an in-depth analysis of the acetone market in Turkey.
783
This report provides an in-depth analysis of the butanone market in Turkey.
372
This report provides an in-depth analysis of the cyclohexanone and methylcyclohexanones market in Turkey.
338
This report provides an in-depth analysis of the ionones and methylionones market in Turkey.
294
This report provides an in-depth analysis of the quinones market in Turkey.
71
This report provides an in-depth analysis of the market for acyclic ketones without other oxygen function in Turkey.
165
This report provides an in-depth analysis of the global market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function.
347
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1568
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1269
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
257
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
347
Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
1568
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
1269
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
257
Global demand for acetone is projected to increase over the next seven years, leading to a rise in market consumption and value. The article analyzes trends in consumption, production, imports, and exports of acetone worldwide from 2013 to 2023.
