Northern America: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Northern America

In 2022, the North American ketone and quinone market increased by X% to $X, rising for the sixth year in a row after four years of decline. In general, consumption, however, saw a temperate increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Ketone And Quinone Production in Northern America

In value terms, ketone and quinone production rose sharply to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ketone And Quinone Exports

Exports in Northern America

In 2022, shipments abroad of ketones and quinones was finally on the rise to reach X tons after four years of decline. Overall, exports, however, showed a drastic downturn. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ketone and quinone exports rose sharply to $X in 2022. Over the period under review, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) represented roughly X% of total exports in 2022.

The United States was also the fastest-growing in terms of the ketones and quinones exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest ketone and quinone supplier in Northern America.

In the United States, ketone and quinone exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone and quinone export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

As there is only one major export destination, 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 X% per year.

Ketone And Quinone Imports

Imports in Northern America

In 2022, approx. X tons of ketones and quinones were imported in Northern America; with a decrease of X% against the previous year's figure. Total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ketone and quinone imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States represented the major importer of ketones and quinones in Northern America, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Canada (X tons), committing a X% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of ketones and quinones. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported ketones and quinones in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with an X% share of total imports.

In the United States, ketone and quinone imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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