Price for Ketone-Phenols and Ketones with Other Oxygen Function in China - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in China (FOB) - 2023
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in China (CIF) - 2022
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in China
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in China
Price for Ketone-Phenols and Ketones with Other Oxygen Function in China (FOB) - 2023
In September 2023, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $13,766 per ton, falling by -4.6% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 20% month-to-month. The export price peaked at $15,399 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($22,765 per ton), while the average price for exports to Russia ($8,399 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in China (CIF) - 2022
In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $10,993 per ton, reducing by -7.7% against the previous year. Overall, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 35%. As a result, import price reached the peak level of $26,501 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($87,540 per ton), while the price for India ($6,585 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 (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in China
In 2022, after three years of growth, there was significant decline in overseas shipments of ketone-phenols and ketones with other oxygen functia, when their volume decreased by -14.8% to 18K tons. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports attained the peak of 21K tons, and then reduced in the following year.
In value terms, exports of ketone-phenols and ketones with other oxygen functia contracted to $259M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $266M, and then declined in the following year.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.5 | 46.0 | 58.1 | 53.0 | -2.7% |
| Netherlands | 30.4 | 30.3 | 35.9 | 36.6 | 6.4% |
| Japan | 23.4 | 20.9 | 28.4 | 26.9 | 4.8% |
| South Korea | 22.4 | 19.9 | 20.4 | 18.1 | -6.9% |
| India | 11.9 | 10.3 | 14.1 | 15.0 | 8.0% |
| Spain | 3.7 | 5.3 | 9.7 | 14.9 | 59.1% |
| Belgium | 10.3 | 8.6 | 11.6 | 12.0 | 5.2% |
| Brazil | 10.0 | 10.4 | 9.4 | 11.1 | 3.5% |
| Germany | 16.2 | 13.0 | 14.9 | 10.6 | -13.2% |
| Italy | 4.5 | 6.7 | 12.1 | 7.6 | 19.1% |
| Taiwan (Chinese) | 7.7 | 7.2 | 9.1 | 6.3 | -6.5% |
| Singapore | 5.9 | 4.8 | 4.5 | 5.4 | -2.9% |
| Mexico | 2.4 | 2.6 | 3.7 | 4.9 | 26.9% |
| Others | 30.0 | 32.8 | 34.0 | 36.8 | 7.0% |
| Total | 236 | 219 | 266 | 259 | 3.1% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from China in 2022:
- United States (3.8K tons)
- Netherlands (2.9K tons)
- South Korea (1.5K tons)
- India (1.3K tons)
- Brazil (1.2K tons)
- Japan (1.1K tons)
- Germany (0.9K tons)
- Belgium (0.6K tons)
- Italy (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Singapore (0.4K tons)
- Mexico (0.4K tons)
- Spain (0.4K tons)
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in China
In 2022, the amount of ketone-phenols and ketones with other oxygen functia imported into China soared to 1.6K tons, rising by 42% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, imports of ketone-phenols and ketones with other oxygen functia skyrocketed to $17M in 2022. In general, imports continue to indicate a relatively flat trend pattern.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.5 | 4.4 | 4.0 | 6.9 | 25.4% |
| Mexico | 0.3 | 0.2 | 0.9 | 3.0 | 115.4% |
| Italy | 2.3 | 3.2 | 3.2 | 2.7 | 5.5% |
| Switzerland | 1.2 | 2.2 | 2.2 | 2.7 | 31.0% |
| United States | 0.6 | 6.4 | 0.3 | 1.0 | 18.6% |
| Germany | 2.8 | 1.3 | 1.7 | 0.3 | -52.5% |
| Japan | 3.2 | 0.3 | 0.3 | 0.2 | -60.3% |
| South Korea | 1.1 | 0.3 | 0.1 | 0.2 | -43.3% |
| Others | 2.0 | 0.5 | 0.5 | 0.4 | -41.5% |
| Total | 17.2 | 19.0 | 13.3 | 17.4 | 0.4% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to China in 2022:
- India (1046.7 tons)
- Mexico (202.1 tons)
- Italy (170.1 tons)
- United States (89.3 tons)
- Switzerland (31.2 tons)
- Germany (15.3 tons)
- South Korea (9.9 tons)
- Japan (6.8 tons)
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