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

Contents:

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

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

In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $21,214 per ton, with a decrease of -1.6% against the previous year. In general, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 142%. Over the period under review, average import prices hit record highs at $44,103 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 ($31,082 per ton), while the price for China ($3,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1,168.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -16.3% to 4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of 4.8 tons, and then fell markedly in the following year.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s declined remarkably to $84K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports attained the peak of $102K, and then reduced rapidly in the following year.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India73.651.990.176.21.2%
China5.112.09.14.5-4.1%
Germany1.72.11.41.5-4.1%
Others3.20.51.82.4-9.1%
Total83.566.510284.50.4%

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

  1. India (2451.0 kg)
  2. China (1303.0 kg)
  3. Germany (178.0 kg)

Source: IndexBox Market Intelligence Platform

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