Price for Ketone-Phenols and Ketones with Other Oxygen Function in Australia - 2024
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Australia (CIF) - 2024
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Australia (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Australia
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Australia
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Australia (CIF) - 2024
In September 2023, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $12,211 per ton, approximately mirroring the previous month. Overall, the import price, however, showed a perceptible descent. The pace of growth was the most pronounced in April 2023 an increase of 12% m-o-m. Over the period under review, average import prices reached the peak figure at $17,442 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($26,630 per ton), while the price for China stood at $10,550 per ton.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+322.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Australia (FOB) - 2022
The average export price for ketone-phenols and ketones with other oxygen functia stood at $133,384 per ton in 2022, rising by 79% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 399% against the previous year. The export price peaked at $158,211 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +12.2% per year.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Australia
Imports of ketone-phenols and ketones with other oxygen functia into Australia dropped to 244 tons in 2022, waning by -9.6% against 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 86%. As a result, imports reached the peak of 270 tons, and then reduced in the following year.
In value terms, imports of ketone-phenols and ketones with other oxygen functia amounted to $3.3M in 2022. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 1.6 | 2.8 | 2.8 | -1.2% |
| Germany | 0.3 | 0.6 | 0.3 | 0.4 | 10.1% |
| Others | 0.5 | 0.2 | 0.2 | 0.1 | -41.5% |
| Total | 3.6 | 2.4 | 3.3 | 3.3 | -2.9% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Australia in 2022:
- China (222.5 tons)
- Germany (16.7 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Australia
In 2022, shipments abroad of ketone-phenols and ketones with other oxygen functia increased by 2,249% to 1.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ketone-phenols and ketones with other oxygen functia soared to $197K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.5 | 3.3 | 4.7 | 197 | 252.4% |
| China | N/A | 6.5 | N/A | N/A | 0% |
| United Kingdom | N/A | 2.7 | N/A | N/A | 0% |
| Papua New Guinea | 1.4 | N/A | N/A | N/A | 0% |
| Netherlands | 4.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.4 | 12.6 | 4.7 | 197 | 166.6% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Australia in 2022:
- New Zealand (1.5 tons)
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