Eastern Europe: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Eastern Europe

The East European ketone and quinone market stood at $X in 2023, picking up by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Ketone And Quinone Production in Eastern Europe

In value terms, ketone and quinone production rose significantly to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Ketone And Quinone Exports

Exports in Eastern Europe

After two years of decline, overseas shipments of ketones and quinones increased by X% to X tons in 2023. In general, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, ketone and quinone exports rose remarkably to $X in 2023. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Russia (X tons) was the key exporter of ketones and quinones, making up X% of total exports. It was distantly followed by Poland (X tons) and the Czech Republic (X tons), together generating a X% share of total exports. The following exporters - Latvia (X tons) and Bulgaria (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to ketone and quinone exports from Russia stood at X%. At the same time, the Czech Republic (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Latvia (X%), Poland (X%) and Bulgaria (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Bulgaria and Russia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, recorded a modest increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Ketone And Quinone Imports

Imports in Eastern Europe

In 2023, the amount of ketones and quinones imported in Eastern Europe fell to X tons, waning by X% compared with 2022 figures. In general, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, ketone and quinone imports contracted significantly to $X in 2023. Over the period under review, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, the Czech Republic (X tons) represented the key importer of ketones and quinones, creating X% of total imports. It was distantly followed by Poland (X tons), Russia (X tons), Belarus (X tons), Hungary (X tons) and Romania (X tons), together creating a X% share of total imports. The following importers - Bulgaria (X tons) and Lithuania (X tons) - together made up X% of total imports.

Imports into the Czech Republic decreased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Lithuania (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Hungary (X%), Russia (X%), Bulgaria (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Romania (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Czech Republic (X p.p.) and Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Russia ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Hungary, Romania, Belarus, Bulgaria and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. Import price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, ketone and quinone import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform