Norway - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Norway - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights

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Ketone and Quinone Price in Norway - 2023

Contents:

  1. Ketone and Quinone Price in Norway (CIF) - 2022
  2. Ketone and Quinone Price in Norway (FOB) - 2022
  3. Ketone and Quinone Imports in Norway
  4. Ketone and Quinone Exports in Norway

Ketone and Quinone Price in Norway (CIF) - 2022

The average ketone and quinone import price stood at $6,324 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($44,687 per ton), while the price for Finland ($2,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone and Quinone Price in Norway (FOB) - 2022

In 2022, the average ketone and quinone export price amounted to $9,682 per ton, with an increase of 22% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 123%. Over the period under review, the average export prices attained the peak figure at $10,158 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($14,006 per ton), while the average price for exports to Sweden ($7,767 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 Spain (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone and Quinone Imports in Norway

In 2022, after three years of growth, there was significant decline in overseas purchases of ketones and quinones, when their volume decreased by -13.2% to 528 tons. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 10%.

In value terms, ketone and quinone imports fell to $3.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $3.8M, and then reduced in the following year.

Import of Ketone and Quinone in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4735831,04693325.4%
Germany40975363156311.2%
United Kingdom28640547842614.2%
Sweden3242423973543.0%
Netherlands3072333583191.3%
Czech Republic11416818616613.3%
United States14897.71831633.3%
Finland36.552.813612149.1%
Denmark45.736.282.473.517.2%
Others67.529031822148.5%
Total2,2112,8603,8173,34114.8%

Top Suppliers of Ketone and Quinone to Norway in 2022:

  1. United Kingdom (147.4 tons)
  2. Netherlands (88.9 tons)
  3. Sweden (88.0 tons)
  4. Finland (52.4 tons)
  5. Germany (46.5 tons)
  6. Czech Republic (26.2 tons)
  7. United States (23.3 tons)
  8. China (20.9 tons)
  9. Denmark (20.1 tons)

Ketone and Quinone Exports in Norway

For the fourth year in a row, Norway recorded growth in shipments abroad of ketones and quinones, which increased by 76% to 11 tons in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ketone and quinone exports soared to $108K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ketone and Quinone in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden5.12.221.058.9126.0%
Russia10.02.515.744.164.0%
Germany4.40.50.44.93.7%
SpainN/A33.05.6N/A-83.0%
United States2.5N/A5.5N/A48.3%
Others7.91.22.2N/A-47.2%
Total30.039.550.510853.3%

Top Export Markets for Ketone and Quinone from Norway in 2022:

  1. Sweden (7.6 tons)
  2. Russia (3.1 tons)
  3. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ketone and quinone market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20146211 - Acetone
  • Prodcom 20146213 - Butanone (methyl ethyl ketone)
  • Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
  • Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
  • Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
  • Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
  • Prodcom 20146235 - Ionones and methylionones
  • Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
  • Prodcom 20146260 - Quinones
  • Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones

Country coverage:

  • Norway

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Norway
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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