Ketone-Alcohols and Ketone-Aldehydes Price in China - 2023
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in China (FOB) - 2023
- Ketone-Alcohols and Ketone-Aldehydes Price in China (CIF) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Exports in China
- Ketone-Alcohols and Ketone-Aldehydes Imports in China
Ketone-Alcohols and Ketone-Aldehydes Price in China (FOB) - 2023
In June 2023, the average ketone-alcohols and ketone-aldehydes export price amounted to $5,174 per ton, remaining constant against the previous month. In general, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in January 2023 an increase of 66% month-to-month. As a result, the export price reached the peak level of $12,402 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($11,817 per ton), while the average price for exports to Guatemala ($1,280 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.4%), while the prices for the other major destinations experienced a decline.
Ketone-Alcohols and Ketone-Aldehydes Price in China (CIF) - 2022
The average ketone-alcohols and ketone-aldehydes import price stood at $1,777 per ton in 2022, with a decrease of -2.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $2,459 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Italy ($11,369 per ton), while the price for Brazil ($706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.9%), while the prices for the other major suppliers experienced a decline.
Ketone-Alcohols and Ketone-Aldehydes Exports in China
In 2022, after three years of growth, there was significant decline in overseas shipments of ketone-alcohols and ketone-aldehydeses, when their volume decreased by -6.3% to 3.6K tons. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports attained the peak of 3.9K tons, and then declined in the following year.
In value terms, ketone-alcohols and ketone-aldehydes exports rose modestly to $37M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Ketone-Alcohols and Ketone-Aldehydes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 2.2 | 6.8 | 10.8 | 50.0% |
| India | 2.3 | 5.7 | 4.0 | 3.2 | 11.6% |
| Germany | 2.0 | 1.5 | 2.2 | 3.1 | 15.7% |
| Belgium | 0.4 | 0.2 | 1.5 | 2.5 | 84.2% |
| Netherlands | 1.8 | 1.6 | 3.9 | 1.9 | 1.8% |
| Brazil | 0.5 | 1.6 | 1.7 | 1.6 | 47.4% |
| Japan | 2.4 | 1.5 | 1.9 | 1.2 | -20.6% |
| Australia | 0.1 | 0.1 | 0.1 | 1.1 | 122.4% |
| United Kingdom | 0.5 | 0.4 | 0.5 | 1.1 | 30.1% |
| South Korea | 0.6 | 1.1 | 2.4 | 1.1 | 22.4% |
| Spain | 0.4 | 1.7 | 1.2 | 1.1 | 40.1% |
| Turkey | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Russia | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Others | 3.9 | 4.6 | 8.4 | 6.9 | 20.9% |
| Total | 18.5 | 22.5 | 35.6 | 36.9 | 25.9% |
Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from China in 2022:
- United States (817.7 tons)
- Brazil (302.1 tons)
- Belgium (293.8 tons)
- Australia (271.5 tons)
- India (191.2 tons)
- Germany (183.2 tons)
- Netherlands (182.4 tons)
- Russia (179.0 tons)
- Spain (144.4 tons)
- Turkey (124.3 tons)
- South Korea (103.2 tons)
- United Kingdom (95.4 tons)
- Japan (91.1 tons)
Ketone-Alcohols and Ketone-Aldehydes Imports in China
Ketone-alcohols and ketone-aldehydes imports into China declined to 5.3K tons in 2022, falling by -14.8% compared with 2021. Overall, imports showed a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of 6.3K tons, and then reduced in the following year.
In value terms, ketone-alcohols and ketone-aldehydes imports fell notably to $9.5M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $11M, and then dropped markedly in the following year.
| Import of Ketone-Alcohols and Ketone-Aldehydes in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,329 | 1,330 | 1,613 | 1,425 | 2.4% |
| South Korea | 30.2 | 594 | 1,260 | 960 | 216.8% |
| India | 3,361 | 1,640 | 1,603 | 600 | -43.7% |
| Italy | 380 | 534 | 669 | 338 | -3.8% |
| France | 198 | 310 | 213 | 219 | 3.4% |
| Brazil | 287 | 186 | 76.7 | 0.3 | -89.9% |
| Taiwan (Chinese) | 620 | N/A | N/A | N/A | 0% |
| Israel | 197 | 358 | N/A | N/A | 81.7% |
| Others | 252 | 2,875 | 5,976 | 5,961 | 187.1% |
| Total | 6,654 | 7,826 | 11,411 | 9,503 | 12.6% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to China in 2022:
- Japan (835.0 tons)
- India (648.5 tons)
- South Korea (239.7 tons)
- France (151.9 tons)
- Italy (29.7 tons)
- Brazil (0.5 tons)
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