Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $7,738 per ton, growing by 36% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 51%. The import price peaked at $9,716 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($21,711 per ton), while the price for China ($5,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $20,564 per ton, increasing by 106% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2021 an increase of 168% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($27,425 per ton), while the average price for exports to India ($2,000 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 Pakistan (+28.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -57.9% to 91 tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 145% against the previous year. As a result, imports reached the peak of 216 tons, and then declined dramatically in the following year.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s fell remarkably to $702K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 131%. As a result, imports attained the peak of $1.2M, and then declined rapidly in the following year.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2293651,03741521.9%
India12069.31241558.9%
Taiwan (Chinese)N/AN/AN/A51.60%
Netherlands0.1N/A0.118.2466.7%
Germany12.712.28.313.82.8%
Others34.783.256.448.712.0%
Total3975301,22570220.9%

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

  1. China (70.1 tons)
  2. India (11.5 tons)
  3. Taiwan (Chinese) (2.4 tons)
  4. Netherlands (2.3 tons)
  5. Germany (1.8 tons)

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

For the third consecutive year, the United Arab Emirates recorded decline in overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by -32.9% to 881 kg in 2022. Overall, exports saw a dramatic contraction. The smallest decline of -17.6% was in 2020.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $18K in 2022. Over the period under review, exports saw a abrupt setback.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A9.40%
Pakistan13.1N/AN/A7.0-18.9%
AzerbaijanN/AN/AN/A1.80%
FranceN/A1.2N/AN/A0%
India3.58.5N/AN/A142.9%
Oman4.94.5N/AN/A-8.2%
IranN/AN/A13.1N/A0%
Bahrain1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.414.213.118.1-8.2%

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

  1. Pakistan (467.0 kg)
  2. Saudi Arabia (341.0 kg)
  3. Azerbaijan (71.0 kg)
  4. India (2.0 kg)

Source: IndexBox Market Intelligence Platform

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