Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in the United States - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $8,556 per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($12,670 per ton), while the price for Brazil ($2,375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), 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 United States (FOB) - 2022
The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $13,117 per ton in 2022, increasing by 28% against the previous year. In general, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($102,814 per ton), while the average price for exports to Germany ($2,495 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 Belgium (+38.5%), 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 United States
For the fourth consecutive year, the United States recorded growth in supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which increased by 22% to 5.5K tons in 2022. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s skyrocketed to $47M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2019 indices. 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 United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.1 | 25.2 | 23.4 | 31.8 | 12.9% |
| India | 5.9 | 4.0 | 5.3 | 5.7 | -1.1% |
| France | 0.6 | 1.6 | 2.1 | 2.4 | 58.7% |
| Germany | 1.7 | 1.3 | 1.0 | 2.1 | 7.3% |
| United Kingdom | N/A | 0.3 | 0.2 | 1.9 | 151.7% |
| Brazil | 0.2 | 0.1 | 0.3 | 1.2 | 81.7% |
| Italy | 1.5 | 0.2 | 0.8 | 0.4 | -35.6% |
| Others | 0.6 | 1.4 | 1.1 | 1.8 | 44.2% |
| Total | 32.6 | 34.0 | 34.3 | 47.3 | 13.2% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to the United States in 2022:
- China (2891.8 tons)
- United Kingdom (597.9 tons)
- Brazil (509.3 tons)
- India (452.5 tons)
- Germany (420.7 tons)
- France (381.1 tons)
- Italy (118.9 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the United States
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s exported from the United States contracted slightly to 205 tons, waning by -1.7% compared with 2021 figures. Over the period under review, exports recorded a abrupt decrease.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s skyrocketed to $2.7M in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 119 | 78.1 | 75.5 | 691 | 79.7% |
| Canada | 320 | 138 | 398 | 249 | -8.0% |
| Netherlands | 206 | 321 | 391 | 222 | 2.5% |
| Mexico | 352 | 634 | 260 | 221 | -14.4% |
| Germany | 122 | 174 | 80.0 | 127 | 1.3% |
| Colombia | 121 | 9.0 | 7.6 | 126 | 1.4% |
| Chile | 52.1 | 189 | 7.2 | 117 | 31.0% |
| Singapore | 47.5 | 40.7 | 40.1 | 114 | 33.9% |
| United Kingdom | 71.5 | 56.8 | 83.2 | 94.9 | 9.9% |
| Argentina | 131 | 77.9 | 34.2 | 66.4 | -20.3% |
| China | 133 | 59.6 | 64.3 | 49.2 | -28.2% |
| Czech Republic | N/A | N/A | N/A | 35.2 | 0% |
| Others | 931 | 413 | 696 | 573 | -14.9% |
| Total | 2,606 | 2,190 | 2,137 | 2,687 | 1.0% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from the United States in 2022:
- Germany (51.0 tons)
- Mexico (29.9 tons)
- Brazil (22.8 tons)
- Canada (21.4 tons)
- Netherlands (15.2 tons)
- Chile (11.7 tons)
- Singapore (10.6 tons)
- Colombia (8.8 tons)
- United Kingdom (8.1 tons)
- Czech Republic (4.3 tons)
- Argentina (4.0 tons)
- China (3.9 tons)
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