Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Australia - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $10,874 per ton in 2022, surging by 38% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 China ($13,877 per ton), while the price for Brazil ($4,822 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (FOB) - 2022
The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $32,120 per ton in 2022, declining by -17.3% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 210% against the previous year. The export price peaked at $195,750 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -16.6% per year.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia
In 2022, after three years of growth, there was significant decline in purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, when their volume decreased by -28.5% to 209 tons. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 293 tons, and then fell remarkably in the following year.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s dropped slightly to $2.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +43.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $2.3M, and then contracted in the following year.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,176 | 780 | 1,495 | 1,578 | 10.3% |
| Brazil | 83.7 | 213 | 459 | 260 | 45.9% |
| France | N/A | 45.6 | 158 | 241 | 129.9% |
| Turkey | 218 | 91.2 | 42.5 | 54.4 | -37.0% |
| Others | 105 | 478 | 149 | 141 | 10.3% |
| Total | 1,583 | 1,608 | 2,304 | 2,276 | 12.9% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Australia in 2022:
- China (113.7 tons)
- Brazil (54.0 tons)
- France (26.2 tons)
- Turkey (8.8 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia
After two years of decline, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by 3,305% to 681 kg in 2022. Overall, exports, however, showed a significant contraction.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s skyrocketed to $22K in 2022. Over the period under review, exports, however, showed a abrupt setback.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 24.7 | 0.8 | 0.2 | 21.7 | -4.2% |
| Thailand | 2.3 | N/A | N/A | N/A | 0% |
| China | N/A | 10.7 | N/A | N/A | 0% |
| Singapore | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | 0.6 | 0.1 | -37.0% |
| Total | 27.7 | 11.4 | 0.8 | 21.9 | -7.5% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Australia in 2022:
- New Zealand (680.0 kg)
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