Price for Ketone-Phenols and Ketones with Other Oxygen Function in the United States - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the United States (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the United States (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in the United States
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the United States
Price for Ketone-Phenols and Ketones with Other Oxygen Function in the United States (CIF) - 2022
In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $15,468 per ton, picking up by 2.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 9.8%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 India ($36,195 per ton), while the price for South Korea ($4,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), 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 the United States (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $10,808 per ton, picking up by 4.7% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ketone-phenols and ketones with other oxygen functia increased by +4.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 87%. As a result, the export price attained the peak level of $16,467 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
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 Belgium ($21,921 per ton), while the average price for exports to Germany ($6,438 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 Japan (+7.0%), 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 the United States
In 2022, imports of ketone-phenols and ketones with other oxygen functia into the United States rose to 5.6K tons, surging by 3.4% compared with the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia stood at $86M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.3 | 41.5 | 52.1 | 49.3 | -5.4% |
| India | 10.4 | 8.7 | 11.6 | 15.9 | 15.2% |
| Mexico | 3.7 | 4.2 | 5.3 | 8.8 | 33.5% |
| Italy | 4.4 | 5.3 | 4.5 | 6.1 | 11.5% |
| Germany | 3.4 | 3.6 | 4.7 | 3.4 | 0.0% |
| South Korea | 0.8 | 0.6 | 0.7 | 1.0 | 7.7% |
| Others | 3.2 | 1.8 | 2.8 | 1.8 | -17.5% |
| Total | 84.3 | 65.7 | 81.7 | 86.2 | 0.7% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to the United States in 2022:
- China (3589.4 tons)
- Italy (459.0 tons)
- Mexico (449.6 tons)
- India (438.1 tons)
- Germany (332.2 tons)
- South Korea (221.2 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the United States
In 2022, exports of ketone-phenols and ketones with other oxygen functia from the United States expanded markedly to 4K tons, growing by 15% on the previous year's figure. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of ketone-phenols and ketones with other oxygen functia surged to $44M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $51M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.2 | 3.9 | 7.4 | 8.1 | 54.4% |
| Germany | 7.4 | 7.6 | 2.5 | 6.5 | -4.2% |
| India | 5.6 | 7.6 | 9.9 | 6.3 | 4.0% |
| Canada | 4.1 | 4.2 | 5.5 | 5.9 | 12.9% |
| Netherlands | 1.3 | 1.1 | 0.9 | 2.9 | 30.7% |
| China | 0.5 | 1.7 | 0.8 | 1.4 | 40.9% |
| Spain | 0.9 | 1.4 | 1.0 | 1.0 | 3.6% |
| Others | 10.0 | 24.0 | 8.3 | 11.6 | 5.1% |
| Total | 32.0 | 51.4 | 36.2 | 43.5 | 10.8% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from the United States in 2022:
- Mexico (1031.3 tons)
- Germany (1004.9 tons)
- India (860.1 tons)
- Canada (317.3 tons)
- Netherlands (207.5 tons)
- China (147.3 tons)
- Spain (76.4 tons)
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