Price for Ketone-Phenols and Ketones with Other Oxygen Function in the UK - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the UK (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in the UK (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in the UK
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the UK
Price for Ketone-Phenols and Ketones with Other Oxygen Function in the UK (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $23,082 per ton in 2022, growing by 14% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. As a result, import price reached the peak level of $28,755 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($28,714 per ton), while the price for Hong Kong SAR ($10,219 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), 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 the UK (FOB) - 2022
The average export price for ketone-phenols and ketones with other oxygen functia stood at $32,374 per ton in 2022, increasing by 61% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ketone-phenols and ketones with other oxygen functia increased by +99.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($176,862 per ton), while the average price for exports to the United Arab Emirates ($7,310 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 Germany (+4.1%), while the prices for the other major destinations experienced a decline.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in the UK
In 2022, supplies from abroad of ketone-phenols and ketones with other oxygen functia was finally on the rise to reach 633 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia surged to $15M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 4.5 | 4.6 | 8.2 | 7.5% |
| India | 1.7 | 2.2 | 0.7 | 3.6 | 28.4% |
| Italy | 0.1 | 0.1 | 0.5 | 1.1 | 122.4% |
| Germany | 0.9 | 1.4 | 1.0 | 0.6 | -12.6% |
| Hong Kong SAR | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| United States | 0.5 | 0.2 | 0.4 | 0.2 | -26.3% |
| Netherlands | 0.8 | 0.8 | 1.2 | 0.1 | -50.0% |
| Belgium | 1.2 | 0.6 | 0.5 | N/A | -35.5% |
| Others | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
| Total | 12.4 | 10.3 | 9.8 | 14.6 | 5.6% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to the UK in 2022:
- China (361.0 tons)
- India (124.9 tons)
- Italy (59.3 tons)
- Hong Kong SAR (33.6 tons)
- Germany (23.3 tons)
- United States (9.4 tons)
- Netherlands (6.4 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in the UK
In 2022, overseas shipments of ketone-phenols and ketones with other oxygen functia decreased by -24.5% to 134 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of 180 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ketone-phenols and ketones with other oxygen functia soared to $4.3M in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 213 | 539 | 969 | 1,697 | 99.7% |
| Ireland | 41.3 | 31.0 | 45.0 | 1,009 | 190.2% |
| France | 295 | 282 | 1,253 | 784 | 38.5% |
| Germany | 722 | 410 | 132 | 124 | -44.4% |
| China | 133 | 349 | 220 | 93.9 | -11.0% |
| Spain | 132 | 53.8 | 21.0 | 88.0 | -12.6% |
| Nigeria | 52.5 | 52.3 | 133 | 66.8 | 8.4% |
| Italy | 340 | 39.2 | 26.7 | 15.5 | -64.3% |
| United Arab Emirates | 233 | 555 | 385 | 15.0 | -59.9% |
| Others | 1,167 | 618 | 382 | 443 | -27.6% |
| Total | 3,329 | 2,929 | 3,567 | 4,338 | 9.2% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from the UK in 2022:
- France (57.5 tons)
- Ireland (25.9 tons)
- China (10.2 tons)
- United States (9.6 tons)
- Spain (7.8 tons)
- Nigeria (7.7 tons)
- Germany (2.4 tons)
- United Arab Emirates (2.0 tons)
- Italy (0.8 tons)
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