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

Contents:

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

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

The average import price for ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s stood at $25,000 per ton in 2022, surging by 304% against the previous year. In general, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.9% per year.

Imports of Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Korea

Imports of ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s into South Korea contracted significantly to 4 kg in 2022, with a decrease of -99.4% compared with the previous year's figure. Overall, imports showed a sharp decrease. The smallest decline of -1.1% was in 2020.

In value terms, imports of ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s dropped remarkably to $100 in 2022. Over the period under review, imports recorded a dramatic decline. The smallest decline of -8.3% was in 2020.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.10%
China4.53.93.6N/A-10.6%
Others0.50.60.6N/A9.5%
Total5.04.54.20.1-72.9%

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

  1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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