Price for Ketone-Phenols and Ketones with Other Oxygen Function in Thailand - 2024
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (CIF) - 2024
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (CIF) - 2024
In September 2023, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $14,347 per ton, shrinking by -10.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 33% against the previous month. The import price peaked at $17,684 per ton in June 2023; however, from July 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 Taiwan (Chinese) ($73,222 per ton), while the price for China ($7,642 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 Taiwan (Chinese) (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $41,752 per ton, picking up by 21% against the previous year. Over the period under review, the export price enjoyed resilient growth. The growth pace was the most rapid in 2015 an increase of 303% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($41,774 per ton), while the average price for exports to Vietnam ($21,443 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 Philippines (+12.7%), while the prices for the other major destinations experienced a decline.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand
In 2022, approx. 437 tons of ketone-phenols and ketones with other oxygen functia were imported into Thailand; surging by 14% compared with 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 156% against the previous year. As a result, imports reached the peak of 444 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ketone-phenols and ketones with other oxygen functia skyrocketed to $6.3M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 120% against the previous year. As a result, imports reached the peak of $7.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 4.6 | 3.3 | 4.5 | 25.1% |
| India | 0.4 | 1.6 | 1.1 | 0.5 | 7.7% |
| Japan | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| South Korea | 0.1 | 0.3 | 0.3 | 0.2 | 26.0% |
| Others | 0.3 | 0.5 | 0.3 | 0.6 | 26.0% |
| Total | 3.3 | 7.2 | 5.3 | 6.3 | 24.1% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Thailand in 2022:
- China (343.6 tons)
- India (41.9 tons)
- Germany (16.3 tons)
- South Korea (13.0 tons)
- Japan (8.8 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand
In 2022, shipments abroad of ketone-phenols and ketones with other oxygen functia decreased by -15.4% to 19 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 938% against the previous year. As a result, the exports attained the peak of 23 tons, and then reduced sharply in the following year.
In value terms, exports of ketone-phenols and ketones with other oxygen functia expanded modestly to $800K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,430% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | 589 | 707 | 20.0% |
| Malaysia | N/A | N/A | 42.1 | 58.9 | 39.9% |
| Vietnam | 8.9 | 16.5 | 30.0 | 13.4 | 14.6% |
| Others | 10.1 | 34.5 | 119 | 20.6 | 26.8% |
| Total | 19.0 | 51.0 | 780 | 800 | 247.9% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Thailand in 2022:
- Philippines (16.9 tons)
- Malaysia (1.6 tons)
- Vietnam (0.6 tons)
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