Which Country Imports the Most Ketones and Quinones in the World?

Basic Chemicals May 28, 2018
Author: Anna Sergeeva
Market Analyst

Which Country Imports the Most Ketones and Quinones in the World?

IndexBox has just published a new report "World: Jewelry ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global jewelry imports stood at 48K tonnes in 2016, rising by 3% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when import increased by 8% against the previous year level. Global jewelry import peaked in 2016, and are expected to retain its growth in the immediate term.

In value terms, jewelry imports stood at $67B in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +0.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, jewelry imports decreased by ;9.3% against its level of 2014. Global jewelry import peaked of $74B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Jewelry Importing Countries in the World

1. USA (9.1 billion USD)

2. United Kingdom (3.6 billion USD)

3. Italy (1.6 billion USD)

4. China (0.8 billion USD)

5. Thailand (0.5 billion USD)

6. Spain (0.4 billion USD)

7. India (0.4 billion USD)

8. Dominican Republic (0.2 billion USD)

9. Ireland (0.1 billion USD)

10. Nepal (0.0 billion USD)

Jewelry Imports By Country

Thailand (18K tonnes) was the major importer of jewelry in the world, reaching 18K tonnes, which was approx. 38% of total imports in 2016. The U.S. (6.1K tonnes) took the second position in the ranking, followed by the UK (3.9K tonnes), Spain (3.9K tonnes), and the Dominican Republic (2.9K tonnes). All these countries together held approx. 35% share of total imports. Italy (1.4K tonnes), India (1.3K tonnes), Nepal (984 tonnes), China (984 tonnes), and Ireland (785 tonnes) occupied the minor share of total imports.

Thailand experienced a relatively flat trend pattern. At the same time, the U.S. (+10.7%), Ireland (+3.7%), Spain (+2.3%), Italy (+1.2%), India (+1.2%), the Dominican Republic (+1.0%), and Nepal (+1.0%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest growing importer/exporter in the world, with a CAGR of +10.7% from 2007;2016. China, and the UK experienced a relatively flat trend pattern. Spain (;1.5%), and the U.S. (;7.6%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($9.1B) constitutes the largest market for imported jewelry worldwide, making up 13% of global imports. The second position in the ranking was occupied by the UK ($3.6B), with the share of 5% of global imports. It was followed by Italy, with the share of 2%.

From 2007 to 2016, the average annual growth rate of value of jewelry imports in the U.S. decreased by ;0.0%. The remaining importing countries recorded the following average annual rates: the UK (;2.7% per year) and Italy (+5.9% per year).

Jewelry Import Prices By Country

The average jewelry import price stood at $1.4K per kg in 2016, falling by ;3.2% against the previous year. Overall, it indicated a strong growth from 2007 to 2016: the import price value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, jewelry import price decreased by ;18.4% against its level of 2014. The most prominent rate of growth was recorded in 2010, when import increased by 31% year;to;year. Global jewelry import peaked of $1.7K per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($1.5K per kg), while Thailand ($29 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of jewelry import prices was attained by Nepal (+73.0% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global jewelry market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • jewelry market share
  • jewelry prices
  • jewelry industry
  • jewelry sales
  • jewelry import
  • jewelry export
  • jewelry market forecast
  • jewelry price forecast
  • key jewelry producers

All data provided in this article covers the following product: HS Code 7113 ; Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal.

Source: World: Jewelry ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Ketones And Quinones - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 2.9M tonnes of ketone and quinone were imported worldwide- reducing by -9.7% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2010, when imports increased by 13% year-to-year. In that year, global ketone and quinone imports reached its maximum volume of 3.6M tonnes. From 2011 to 2016, growth of global ketone and quinone imports failed to regain its strength.

In value terms, ketone and quinone imports amounted to $5.2B in 2016. In general, ketone and quinone imports continue to indicate a mild contraction. Over the period under review, global ketone and quinone imports attained its maximum level of $7.5B in 2011- however, from 2012 to 2016, it failed to regain its strength.

Top Ketone And Quinone Importing Countries in the World

1. Germany (494.5 million USD)

2. China (462.2 million USD)

3. Belgium (334.6 million USD)

4. United Kingdom (230.5 million USD)

5. Netherlands (195.6 million USD)

6. Japan (177.3 million USD)

7. South Korea (168.4 million USD)

8. Spain (157.2 million USD)

9. Mexico (137.1 million USD)

10. Thailand (116.4 million USD)

11. Italy (112.6 million USD)

12. Indonesia (75.2 million USD)

Ketone And Quinone Imports By Country

The imports of the three major importers of ketone and quinone, namely China, Germany, and Belgium, represented more than third of total import. The UK (242K tonnes) took a 8% share (based on tonnes) of global ketone and quinone imports, which put it in second place, following the Netherlands (6%), and South Korea (5%). Thailand (117K tonnes), Mexico (112K tonnes), Spain (75K tonnes), Italy (74K tonnes), Japan (70K tonnes), and Indonesia (61K tonnes) took the minor share of total imports.

From 2007 to 2016, the most notable growth rate of ketone and quinone imports, among the main importing countries, was attained by Belgium (+7.9% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest ketone and quinone markets worldwide were Germany ($495M), China ($462M) and Belgium ($335M), with a combined 25% share of global imports.

Belgium (+3.1% per year) recorded the highest rates of growth with regard to the ketone and quinone imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Ketone And Quinone Import Prices By Country

In 2016, the average import price for ketone and quinone amounted to $1,791 per tonne, approximately reflecting the previous year level. In general, ketone and quinone import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when import price increased by 23% y-o-y. Over the period under review, average ketone and quinone import price reached its maximum level of $2,252 per tonne in 2014- however, from 2015 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Japan ($2,541 per tonne), while China ($835 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of ketone and quinone import prices was attained by Japan (+1.2% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global ketone and quinone market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • ketone and quinone market share
  • ketone and quinone prices
  • ketone and quinone industry
  • ketone and quinone sales
  • ketone and quinone import
  • ketone and quinone export
  • ketone and quinone market forecast
  • ketone and quinone price forecast
  • key ketone and quinone producers

All data provided in this article covers the following product: HS Code 2914 - Ketones and quinones- whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrostated derivatives.

Source: World: Ketones And Quinones - Market Report. Analysis and Forecast to 2025