Price for Ketone-Phenols and Ketones with Other Oxygen Function in India - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in India (FOB) - 2023
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in India (CIF) - 2022
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in India
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in India
Price for Ketone-Phenols and Ketones with Other Oxygen Function in India (FOB) - 2023
In July 2023, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $19,901 per ton, with a decrease of -11.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 39% month-to-month. The export price peaked at $28,503 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($44,074 per ton), while the average price for exports to China ($4,570 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in India (CIF) - 2022
In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $10,856 per ton, rising by 4.2% against the previous year. Overall, the import price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2019 an increase of 45%. The import price peaked at $16,213 per ton in 2015; however, from 2016 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 Taiwan (Chinese) ($42,945 per ton), while the price for Hong Kong SAR ($6,648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.5%), while the prices for the other major suppliers experienced a decline.
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in India
In 2022, approx. 4.7K tons of ketone-phenols and ketones with other oxygen functia were exported from India; rising by 58% against the previous year's figure. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ketone-phenols and ketones with other oxygen functia surged to $118M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.5 | 27.9 | 24.1 | 73.9 | 31.5% |
| Netherlands | 0.6 | 1.1 | 6.7 | 16.1 | 199.4% |
| China | 2.7 | 2.3 | 3.9 | 5.0 | 22.8% |
| Germany | 3.7 | 11.0 | 4.8 | 3.0 | -6.8% |
| Spain | 1.0 | 1.5 | 1.4 | 1.9 | 23.9% |
| Mexico | 1.4 | 1.2 | 0.7 | 1.7 | 6.7% |
| Brazil | 1.2 | 1.5 | 1.2 | 1.6 | 10.1% |
| Indonesia | 0.9 | 1.1 | 1.2 | 0.7 | -8.0% |
| Others | 12.1 | 17.8 | 14.6 | 13.9 | 4.7% |
| Total | 56.0 | 65.6 | 58.5 | 118 | 28.2% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from India in 2022:
- United States (2281.3 tons)
- China (811.2 tons)
- Netherlands (336.9 tons)
- Mexico (251.0 tons)
- Germany (216.1 tons)
- Spain (176.1 tons)
- Brazil (132.9 tons)
- Indonesia (40.8 tons)
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in India
In 2022, approx. 1.7K tons of ketone-phenols and ketones with other oxygen functia were imported into India; growing by 9.5% on the previous year. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 94% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of ketone-phenols and ketones with other oxygen functia reached $18M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 4.6 | 9.6 | 9.2 | 30.9% |
| United States | 1.7 | 1.1 | 1.3 | 5.1 | 44.2% |
| Hong Kong SAR | 1.0 | 3.6 | 2.6 | 2.0 | 26.0% |
| Italy | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
| Germany | 0.3 | 0.6 | 0.4 | 0.4 | 10.1% |
| Others | 0.7 | 0.9 | 1.5 | 1.2 | 19.7% |
| Total | 7.9 | 10.9 | 16.1 | 18.3 | 32.3% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to India in 2022:
- China (774.9 tons)
- United States (521.0 tons)
- Hong Kong SAR (301.2 tons)
- Italy (27.9 tons)
- Germany (23.1 tons)
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