Price for Ketone-Phenols and Ketones with Other Oxygen Function in Italy - 2023

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Italy (CIF) - 2022
  2. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Italy (FOB) - 2023
  3. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Italy
  4. Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Italy

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Italy (CIF) - 2022

In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $41,113 per ton, jumping by 31% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of 43%. The import price peaked at $44,126 per ton in 2016; however, from 2017 to 2022, 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 India ($161,298 per ton), while the price for Germany ($13,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Italy (FOB) - 2023

The average export price for ketone-phenols and ketones with other oxygen functia stood at $16,349 per ton in September 2023, growing by 2% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 45% month-to-month. As a result, the export price reached the peak level of $24,428 per ton. From January 2023 to September 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In September 2023, the countries with the highest prices were the United States ($16,500 per ton) and the UK ($16,395 per ton), while the average price for exports to Turkey ($13,867 per ton) and China ($16,389 per ton) were amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Italy

In 2022, imports of ketone-phenols and ketones with other oxygen functia into Italy contracted markedly to 609 tons, which is down by -39.1% compared with 2021. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 1K tons, and then declined significantly in the following year.

In value terms, imports of ketone-phenols and ketones with other oxygen functia dropped significantly to $25M in 2022. In general, imports faced a abrupt slump. The smallest decline of -4.5% was in 2021.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.219.915.614.1-0.2%
France11.95.77.44.0-30.5%
India2.02.83.32.913.2%
Netherlands1.41.41.61.3-2.4%
Germany1.20.91.61.20.0%
Belgium0.30.30.30.518.6%
Spain0.20.20.50.426.0%
Others3.21.51.00.7-39.7%
Total34.532.831.325.1-10.1%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Italy in 2022:

  1. China (206.5 tons)
  2. France (131.3 tons)
  3. Germany (92.6 tons)
  4. Netherlands (88.9 tons)
  5. Belgium (32.3 tons)
  6. Spain (20.5 tons)
  7. India (18.3 tons)

Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Italy

In 2022, shipments abroad of ketone-phenols and ketones with other oxygen functia decreased by -13.9% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 3.8% against the previous year. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ketone-phenols and ketones with other oxygen functia contracted to $22M in 2022. In general, exports recorded a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 3.7%. As a result, the exports reached the peak of $26M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Ketone-Phenols and Ketones with Other Oxygen Function in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.96.26.05.22.0%
Germany5.05.75.84.5-3.5%
China3.24.23.92.4-9.1%
Belgium0.40.50.52.173.8%
Netherlands1.31.00.61.811.5%
Israel0.90.71.00.8-3.9%
Turkey0.80.30.50.7-4.4%
South Korea0.50.70.60.66.3%
Spain1.81.61.20.6-30.7%
France0.60.40.40.5-5.9%
United Kingdom0.30.40.70.410.1%
Greece0.91.3N/A0.3-30.7%
Mexico0.60.1N/A0.2-30.7%
Others4.23.44.12.3-18.2%
Total25.526.525.422.4-4.2%

Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Italy in 2022:

  1. United States (374.4 tons)
  2. Germany (290.8 tons)
  3. Belgium (159.0 tons)
  4. China (133.1 tons)
  5. Netherlands (81.0 tons)
  6. Israel (57.4 tons)
  7. Turkey (52.3 tons)
  8. Spain (49.2 tons)
  9. South Korea (40.7 tons)
  10. France (29.1 tons)
  11. Mexico (27.7 tons)
  12. United Kingdom (26.9 tons)
  13. Greece (25.7 tons)

Source: IndexBox Market Intelligence Platform

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