Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands - 2024

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands (CIF) - 2024
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands (FOB) - 2022
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands
  4. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands (CIF) - 2024

In March 2024, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $16,012 per ton, rising by 58% against the previous month. Over the period under review, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in June 2023 an increase of 104% month-to-month. Over the period under review, average import prices hit record highs in March 2024.

Prices varied noticeably by the country of origin: the country with the highest price was India ($99,238 per ton), while the price for China amounted to $7,345 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+14.1%), 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 the Netherlands (FOB) - 2022

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $8,495 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. Over the period under review, the average export prices attained the peak figure at $14,279 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($12,677 per ton), while the average price for exports to Canada ($4,774 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 Portugal (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -16.1% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 34%. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $15M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.85.65.17.53.3%
India5.35.65.66.57.0%
Italy0.30.70.70.30.0%
Others0.61.10.60.5-5.9%
Total13.013.011.914.84.4%

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

  1. China (859.8 tons)
  2. India (460.5 tons)
  3. Italy (82.3 tons)

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

In 2022, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -26.1% to 973 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 4.6% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted to $8.3M in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -3.3% was in 2020.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,5732,0621,7642,065-7.1%
United States3679611,1981,26451.0%
United Kingdom1,3121,096784847-13.6%
Italy5316426776396.4%
France1,390946953589-24.9%
Turkey54.153.287.139293.5%
Switzerland1,5971,460729333-40.7%
Belgium12442.359721920.9%
Canada78.739.785.220537.6%
Portugal6.6N/AN/A204213.8%
India1912431371981.2%
Latvia54.265.072.918751.1%
South Africa11015634118218.3%
Others2,4942,7572,157939-27.8%
Total10,88110,5239,5818,264-8.8%

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

  1. Germany (222.3 tons)
  2. United States (176.3 tons)
  3. Italy (89.3 tons)
  4. United Kingdom (82.9 tons)
  5. France (51.7 tons)
  6. Canada (43.0 tons)
  7. India (36.3 tons)
  8. Turkey (33.4 tons)
  9. Belgium (27.1 tons)
  10. Switzerland (26.2 tons)
  11. South Africa (24.4 tons)
  12. Portugal (21.7 tons)
  13. Latvia (18.5 tons)

Source: IndexBox Market Intelligence Platform

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