Ketone-Alcohols and Ketone-Aldehydes Price in Russia - 2022

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Russia (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in Russia (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in Russia
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in Russia

Ketone-Alcohols and Ketone-Aldehydes Price in Russia (CIF) - 2022

The average ketone-alcohols and ketone-aldehydes import price stood at $1,641 per ton in 2022, declining by -57.4% against the previous year. Overall, the import price recorded a pronounced slump. The growth pace was the most rapid in 2014 when the average import price increased by 52%. Over the period under review, average import prices reached the peak figure at $3,852 per ton in 2021, and then dropped dramatically in the following year.

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 South Korea ($5,456 per ton), while the price for Israel totaled $1,354 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in Russia (FOB) - 2022

The average ketone-alcohols and ketone-aldehydes export price stood at $1,892 per ton in 2022, shrinking by -16.2% against the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 26%. The export price peaked at $5,023 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($5,019 per ton), while the average price for exports to Belarus ($1,783 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 Kazakhstan (+6.4%), while the prices for the other major destinations experienced a decline.

Ketone-Alcohols and Ketone-Aldehydes Imports in Russia

Ketone-alcohols and ketone-aldehydes imports into Russia skyrocketed to 1K tons in 2022, picking up by 99% on the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ketone-alcohols and ketone-aldehydes imports shrank notably to $1.7M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $2M, and then contracted remarkably in the following year.

Import of Ketone-Alcohols and Ketone-Aldehydes in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel22411562.21,31280.3%
South Korea302367454171-17.3%
China194301695N/A89.3%
Italy249260273N/A4.7%
Brazil106127267N/A58.7%
Others11120020818117.7%
Total1,1861,3701,9591,66512.0%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Russia in 2022:

  1. Israel (969.2 tons)
  2. South Korea (31.4 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in Russia

In 2022, exports of ketone-alcohols and ketone-aldehydeses from Russia totaled 100 tons, picking up by 1.6% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 257% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, ketone-alcohols and ketone-aldehydes exports fell to $189K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year.

Export of Ketone-Alcohols and Ketone-Aldehydes in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus27.551.484.315276.8%
Estonia14.29.819.236.637.1%
FinlandN/A20.1N/AN/A0%
Turkey32.359.882.4N/A59.7%
Others0.715.436.41.322.9%
Total74.815722218936.2%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Russia in 2022:

  1. Belarus (85.0 tons)
  2. Estonia (14.9 tons)

Source: IndexBox Market Intelligence Platform

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