Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Italy - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $6,320 per ton in 2022, falling by -14% against the previous year. In general, the import price showed a noticeable slump. The growth pace was the most rapid in 2019 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $10,327 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,887 per ton), while the price for Turkey ($4,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced a decline.
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $4,019 per ton, surging by 22% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($6,686 per ton), while the average price for exports to France ($2,206 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 Taiwan (Chinese) (+13.1%), 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 Italy
In 2022, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s into Italy surged to 1.8K tons, rising by 38% on the previous year's figure. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $11M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 2.0 | 3.0 | 3.7 | -0.9% |
| Belgium | 0.1 | N/A | 0.3 | 2.1 | 175.9% |
| Czech Republic | N/A | N/A | N/A | 1.6 | 0% |
| India | 1.6 | 1.6 | 1.6 | 1.3 | -6.7% |
| Netherlands | 0.8 | 0.6 | 1.1 | 0.8 | 0.0% |
| France | 1.5 | 1.5 | 2.2 | 0.8 | -18.9% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| Germany | 0.6 | 0.4 | 0.6 | 0.2 | -30.7% |
| Spain | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.2 | 0.4 | 0.4 | 0.2 | 0.0% |
| Total | 8.9 | 6.8 | 9.6 | 11.3 | 8.3% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Italy in 2022:
- China (490.9 tons)
- Belgium (457.3 tons)
- Czech Republic (339.0 tons)
- France (122.9 tons)
- Netherlands (122.8 tons)
- India (83.2 tons)
- Turkey (82.7 tons)
- Germany (20.4 tons)
- Spain (20.2 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy
In 2022, shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -18% to 2.8K tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports reached the peak of 4.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s declined modestly to $11M in 2022. In general, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 2.4 | 3.2 | 2.9 | 2.4% |
| Germany | 1.5 | 1.4 | 1.2 | 1.8 | 6.3% |
| Taiwan (Chinese) | 0.7 | 0.3 | 0.2 | 1.3 | 22.9% |
| France | 1.2 | 1.4 | 2.1 | 1.3 | 2.7% |
| Denmark | 2.3 | 6.4 | 2.6 | 1.2 | -19.5% |
| Poland | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Netherlands | 0.3 | 0.6 | 0.5 | 0.3 | 0.0% |
| United States | 1.2 | 0.1 | 0.3 | 0.3 | -37.0% |
| China | 0.8 | 0.2 | 0.1 | 0.3 | -27.9% |
| Others | 1.4 | 1.2 | 1.0 | 1.3 | -2.4% |
| Total | 12.0 | 14.1 | 11.1 | 11.1 | -2.6% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Italy in 2022:
- Germany (829.1 tons)
- France (609.5 tons)
- India (481.0 tons)
- Taiwan (Chinese) (193.9 tons)
- Denmark (175.8 tons)
- Poland (143.4 tons)
- Netherlands (82.9 tons)
- China (46.9 tons)
- United States (36.6 tons)
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