Price for Ketone-Phenols and Ketones with Other Oxygen Function in Canada - 2024
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Canada (CIF) - 2024
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Canada (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Canada
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Canada
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Canada (CIF) - 2024
The average import price for ketone-phenols and ketones with other oxygen functia stood at $13,929 per ton in September 2023, with a decrease of -27.7% against the previous month. Over the period under review, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in June 2023 when the average import price increased by 114% month-to-month. The import price peaked at $22,631 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($87,100 per ton), while the price for Seychelles ($6,008 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Canada (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $1,593 per ton, dropping by -64.8% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 290% against the previous year. As a result, the export price attained the peak level of $6,268 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
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 the United States ($10,762 per ton), while the average price for exports to South Korea ($859 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 the United States (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Canada
Imports of ketone-phenols and ketones with other oxygen functia into Canada shrank to 349 tons in 2022, with a decrease of -14.1% compared with the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +31.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of 406 tons, and then shrank in the following year.
In value terms, imports of ketone-phenols and ketones with other oxygen functia declined slightly to $6.2M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 36%. As a result, imports reached the peak of $6.2M, and then contracted in the following year.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,765 | 2,281 | 3,437 | 3,567 | 8.9% |
| United States | 509 | 705 | 1,056 | 931 | 22.3% |
| Italy | 811 | 781 | 1,044 | 892 | 3.2% |
| Mexico | 244 | 186 | 99.8 | 288 | 5.7% |
| India | 195 | 268 | 292 | 223 | 4.6% |
| Germany | 160 | 158 | 117 | 64.3 | -26.2% |
| South Korea | 5.4 | 31.1 | 37.9 | 29.1 | 75.3% |
| Others | 210 | 166 | 147 | 173 | -6.3% |
| Total | 4,900 | 4,576 | 6,229 | 6,167 | 8.0% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Canada in 2022:
- China (198.3 tons)
- United States (58.5 tons)
- Italy (55.4 tons)
- Mexico (13.3 tons)
- India (8.3 tons)
- South Korea (5.2 tons)
- Germany (2.8 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Canada
For the fourth year in a row, Canada recorded growth in shipments abroad of ketone-phenols and ketones with other oxygen functia, which increased by 87% to 178 tons in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 92% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of ketone-phenols and ketones with other oxygen functia dropped rapidly to $283K in 2022. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 57%. As a result, the exports attained the peak of $429K, and then dropped notably in the following year.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 185 | 180 | 381 | 141 | -8.7% |
| Brazil | N/A | 2.4 | 7.9 | 39.6 | 306.2% |
| China | 3.4 | 3.6 | 5.4 | 19.7 | 79.6% |
| France | N/A | 0.1 | 0.5 | 12.3 | 1009.1% |
| United Kingdom | N/A | 5.1 | N/A | 11.8 | 52.1% |
| Germany | 1.2 | 1.0 | 7.5 | 11.5 | 112.4% |
| South Korea | 2.7 | 16.3 | 2.9 | 10.9 | 59.2% |
| India | N/A | 0.2 | 2.4 | 6.5 | 470.1% |
| Turkey | N/A | N/A | 0.3 | 5.7 | 1800.0% |
| Switzerland | N/A | 0.2 | N/A | 4.7 | 384.8% |
| Mexico | 10.2 | 28.6 | 6.9 | 4.2 | -25.6% |
| Japan | 1.7 | 0.5 | 5.4 | 3.4 | 26.0% |
| Israel | N/A | 34.1 | N/A | N/A | 0% |
| Others | 1.7 | 1.9 | 8.9 | 12.3 | 93.4% |
| Total | 206 | 274 | 429 | 283 | 11.2% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Canada in 2022:
- Brazil (45.8 tons)
- China (22.7 tons)
- France (14.2 tons)
- United Kingdom (13.7 tons)
- Germany (13.2 tons)
- United States (13.1 tons)
- South Korea (12.7 tons)
- India (7.5 tons)
- Turkey (6.6 tons)
- Switzerland (5.4 tons)
- Mexico (4.9 tons)
- Japan (3.9 tons)
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