Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Argentina - 2023

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (CIF) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (FOB) - 2022
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina
  4. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (CIF) - 2022

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $11,766 per ton in 2022, surging by 23% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by +74.8% against 2017 indices. As a result, import price attained the peak level and is likely to continue 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 France ($15,945 per ton), while the price for Taiwan (Chinese) ($7,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (FOB) - 2022

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $19,040 per ton in 2022, surging by 9.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 169%. As a result, the export price reached the peak level of $54,500 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +1.3% per year.

Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina

For the third consecutive year, Argentina recorded decline in supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by -28.5% to 151 tons in 2022. In general, imports continue to indicate a abrupt contraction. The smallest decline of -0.3% was in 2021.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted to $1.8M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 11%.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0991,2911,4521,2143.4%
India3323713583360.4%
FranceN/A0.355.81081797.4%
United States31.317.012.938.97.5%
Taiwan (Chinese)78.857.954.814.3-43.4%
Others12210588.967.6-17.9%
Total1,6641,8422,0221,7802.3%

Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Argentina in 2022:

  1. China (114.2 tons)
  2. India (22.7 tons)
  3. France (6.8 tons)
  4. United States (2.9 tons)
  5. Taiwan (Chinese) (1.9 tons)

Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina

For the third consecutive year, Argentina recorded decline in shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by -51% to 50 kg in 2022. In general, exports faced a sharp shrinkage. The smallest decline of -16.4% was in 2021.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s reduced sharply to $952 in 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 8.4% against the previous year.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A1.00%
Chile1.5N/AN/AN/A0%
ColombiaN/AN/A1.6N/A0%
Netherlands2.61.4N/AN/A-46.2%
Others1.10.20.2N/A-57.4%
Total5.21.61.81.0-42.3%

Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Argentina in 2022:

  1. Singapore (50.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) - Argentina