Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Pakistan - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Pakistan (CIF) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Pakistan
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Pakistan (CIF) - 2022
In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $4,586 per ton, shrinking by -12% against the previous year. In general, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 an increase of 30% against the previous year. The import price peaked at $6,731 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($5,821 per ton) and Spain ($5,662 per ton), while the price for China ($4,314 per ton) and Mexico ($5,175 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.2%), 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 Pakistan
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s imported into Pakistan soared to 107 tons, picking up by 32% compared with 2021 figures. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.0% 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 decreased by -1.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 97% against the previous year. As a result, imports reached the peak of 109 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $492K in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 92% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 135 | 259 | 254 | 342 | 36.3% |
| Spain | 4.3 | 17.0 | 31.7 | 59.7 | 140.3% |
| Germany | 5.3 | 1.3 | 1.3 | 26.7 | 71.4% |
| Mexico | N/A | N/A | N/A | 8.9 | 0% |
| Singapore | 11.8 | 92.2 | 3.0 | N/A | -49.6% |
| Italy | 18.7 | 27.7 | 12.1 | N/A | -19.6% |
| Others | 50.8 | 36.2 | 123 | 54.8 | 2.6% |
| Total | 226 | 434 | 425 | 492 | 29.6% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Pakistan in 2022:
- China (79.3 tons)
- Spain (10.5 tons)
- Germany (4.6 tons)
- Mexico (1.7 tons)
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