Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Germany - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Germany (FOB) - 2022
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Germany
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Germany (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $6,396 per ton, with an increase of 26% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by +90.3% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($26,700 per ton), while the average price for exports to Israel ($3,950 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 China (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Germany
In 2022, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were finally on the rise to reach 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $20M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.9 | 2.1 | 1.9 | 3.7 | 8.5% |
| Switzerland | 1.1 | 1.1 | 1.8 | 3.1 | 41.3% |
| France | 1.4 | 1.7 | 2.5 | 2.2 | 16.3% |
| United States | 2.2 | 1.5 | 1.4 | 1.8 | -6.5% |
| Singapore | 1.9 | 1.1 | 1.3 | 1.6 | -5.6% |
| Poland | 0.3 | 0.3 | 0.6 | 1.4 | 67.1% |
| Japan | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
| Mexico | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Israel | 0.5 | 0.3 | 1.1 | 0.4 | -7.2% |
| India | 2.0 | 2.1 | 0.8 | 0.3 | -46.9% |
| Turkey | 0.3 | 0.3 | 0.9 | 0.2 | -12.6% |
| China | 0.4 | 0.2 | 0.5 | 0.1 | -37.0% |
| Others | 2.1 | 1.7 | 2.1 | 2.2 | 1.6% |
| Total | 15.4 | 12.7 | 15.6 | 19.7 | 8.6% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Germany in 2022:
- Switzerland (686.8 tons)
- Spain (549.2 tons)
- United States (384.9 tons)
- France (350.0 tons)
- Japan (240.4 tons)
- Netherlands (155.1 tons)
- Singapore (124.9 tons)
- Israel (112.1 tons)
- India (83.6 tons)
- Mexico (53.2 tons)
- Poland (51.8 tons)
- Turkey (36.6 tons)
- China (4.8 tons)
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