Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in the United Kingdom - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK (CIF) - 2023
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK (CIF) - 2023
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $9,093 per ton in August 2023, increasing by 2.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 83% m-o-m. Over the period under review, average import prices attained the peak figure at $12,367 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($25,091 per ton), while the price for China totaled $8,497 per ton.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.4%), 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 the UK (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $108,740 per ton, with an increase of 109% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level 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 the United States ($493,032 per ton), while the average price for exports to Germany ($6,078 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 South Africa (+25.2%), 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 UK
In 2022, approx. 445 tons of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were imported into the UK; waning by -32.4% against the previous year's figure. Over the period under review, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted dramatically to $4.4M in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,625 | 1,372 | 2,240 | 2,472 | -2.0% |
| India | 502 | 805 | 382 | 610 | 6.7% |
| France | 903 | 576 | 880 | 576 | -13.9% |
| Italy | 167 | 219 | 394 | 415 | 35.4% |
| Turkey | 114 | N/A | N/A | 57.2 | -20.5% |
| Germany | 381 | 321 | 391 | 53.2 | -48.1% |
| Netherlands | 891 | 795 | 688 | 11.8 | -76.3% |
| Ireland | 299 | 0.2 | 165 | N/A | -25.7% |
| Others | 355 | 267 | 374 | 194 | -18.2% |
| Total | 6,238 | 4,355 | 5,515 | 4,390 | -11.1% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to the UK in 2022:
- China (235.8 tons)
- France (81.0 tons)
- Italy (52.7 tons)
- India (48.3 tons)
- Turkey (8.8 tons)
- Germany (5.3 tons)
- Netherlands (1.7 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK
For the third consecutive year, the UK recorded decline in overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by -44.6% to 35 tons in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -29.7% was in 2020.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $3.8M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,149 | 3,060 | 2,708 | 3,338 | 15.8% |
| Germany | 70.5 | 53.0 | 99.0 | 61.1 | -4.7% |
| Italy | 56.0 | 38.2 | 44.7 | 59.3 | 1.9% |
| Spain | 7.2 | 59.5 | 6.8 | 46.0 | 85.6% |
| South Africa | 7.6 | N/A | 4.5 | 36.5 | 68.7% |
| Netherlands | 76.1 | 72.8 | 59.8 | 35.1 | -22.7% |
| India | 79.4 | 3.7 | 17.4 | 34.5 | -24.3% |
| Poland | 5.8 | 4.2 | N/A | 32.3 | 77.3% |
| Ireland | 422 | 279 | 18.4 | 16.6 | -66.0% |
| France | 70.4 | 23.4 | 27.4 | 4.7 | -59.4% |
| Peru | 34.4 | N/A | 17.5 | N/A | -28.7% |
| Austria | 339 | 298 | 126 | N/A | -39.0% |
| Sweden | 42.0 | 6.4 | N/A | N/A | -84.8% |
| Others | 223 | 215 | 152 | 137 | -15.0% |
| Total | 3,582 | 4,113 | 3,282 | 3,801 | 2.0% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from the UK in 2022:
- Germany (10.0 tons)
- United States (6.8 tons)
- Italy (4.9 tons)
- Spain (4.0 tons)
- India (2.5 tons)
- Ireland (1.4 tons)
- Poland (1.3 tons)
- South Africa (0.7 tons)
- Netherlands (0.3 tons)
- France (0.2 tons)
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