Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Venezuela - 2022

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Venezuela (CIF) - 2022
  2. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Venezuela

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

In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $44,348 per ton, with a decrease of -4.3% against the previous year. Overall, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 82% against the previous year. The import price peaked at $46,350 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($398,667 per ton), while the price for Germany ($3,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+44.5%), 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 Venezuela

In 2022, after three years of growth, there was significant decline in purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, when their volume decreased by -12.6% to 187 kg. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 72%.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted dramatically to $8.3K in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 95% against the previous year.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama1,7313,4575,1713,95631.7%
United States3548761,6242,07780.4%
India5881,0951,5491,19626.7%
Colombia21337950633416.2%
Spain43.010017620066.9%
Italy188282316181-1.3%
Taiwan (Chinese)147218241137-2.3%
Germany33.050.057.033.00.0%
Others12521227917912.7%
Total3,4226,6699,9198,29334.3%

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

  1. Panama (98.0 kg)
  2. Taiwan (Chinese) (31.0 kg)
  3. United States (20.0 kg)
  4. Colombia (12.0 kg)
  5. Germany (10.0 kg)
  6. Spain (6.0 kg)
  7. Italy (4.0 kg)
  8. India (3.0 kg)

Source: IndexBox Market Intelligence Platform

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