Price for Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam - 2022
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $17,912 per ton in 2022, increasing by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2019 an increase of 23%. As a result, import price attained the peak level of $21,068 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($17,913 per ton) and Germany ($17,913 per ton), while the price for Taiwan (Chinese) ($17,872 per ton) and Italy ($17,911 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), 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 Vietnam (FOB) - 2022
The average export price for ketone-phenols and ketones with other oxygen functia stood at $18,204 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed modest growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $20,963 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($23,870 per ton), while the average price for exports to Singapore ($12,105 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 Lao People's Democratic Republic (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas purchases of ketone-phenols and ketones with other oxygen functia, which increased by 39% to 149 tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia surged to $2.7M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 559 | 864 | 1,072 | 1,405 | 36.0% |
| Germany | 251 | 283 | 197 | 630 | 35.9% |
| South Korea | 337 | 192 | 378 | 397 | 5.6% |
| Italy | 1.0 | 0.8 | 0.7 | 93.4 | 353.7% |
| Japan | 112 | 92.8 | 53.2 | 60.1 | -18.7% |
| India | 120 | 21.2 | 34.9 | 53.8 | -23.5% |
| Taiwan (Chinese) | 82.4 | 78.5 | 36.1 | 2.5 | -68.8% |
| Others | 77.8 | 97.0 | 118 | 31.0 | -26.4% |
| Total | 1,540 | 1,629 | 1,890 | 2,673 | 20.2% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Vietnam in 2022:
- China (78.4 tons)
- Germany (35.2 tons)
- South Korea (22.2 tons)
- Italy (5.2 tons)
- Japan (3.4 tons)
- India (3.0 tons)
- Taiwan (Chinese) (0.1 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam
In 2022, approx. 162 kg of ketone-phenols and ketones with other oxygen functia were exported from Vietnam; flattening at the previous year's figure. Overall, exports continue to indicate a dramatic decrease. The smallest decline of -57.8% was in 2020.
In value terms, exports of ketone-phenols and ketones with other oxygen functia amounted to $2.9K in 2022. Over the period under review, exports saw a dramatic decrease. The smallest decline of -52.2% was in 2020.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 7.5 | 3.9 | N/A | 2.2 | -33.6% |
| Malaysia | 3.6 | 0.8 | N/A | 0.5 | -48.2% |
| Singapore | 1.3 | 1.2 | N/A | 0.2 | -46.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.3 | 5.9 | N/A | 2.9 | -38.2% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Vietnam in 2022:
- Lao People's Democratic Republic (120.0 kg)
- Malaysia (23.0 kg)
- Singapore (19.0 kg)
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