Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Belgium - 2023

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (FOB) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (CIF) - 2022
  3. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium
  4. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (FOB) - 2022

In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $5,754 per ton, picking up by 18% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 59%. As a result, the export price reached the peak level of $6,356 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($29,996 per ton), while the average price for exports to Finland ($3,883 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 Singapore (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (CIF) - 2022

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $10,246 per ton in 2022, falling by -15.8% against the previous year. Overall, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 44% against the previous year. The import price peaked at $12,161 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 the United States ($40,274 per ton), while the price for Slovakia ($1,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium

In 2022, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -33.7% to 568 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 420% against the previous year.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s fell notably to $3.3M in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 376% against the previous year.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany67.31641,74253099.0%
France13.3381370428218.1%
United States30.321.755.1327121.0%
Italy35.649.0239297102.8%
Canada0.4N/A0.1213710.5%
Finland84.814423018429.5%
Poland2.831.261.9144271.9%
Spain3.226.418.990.6204.8%
Slovenia0.80.115.089.5381.8%
Others1429971,44396789.5%
Total3811,8154,1753,269104.7%

Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Belgium in 2022:

  1. Germany (117.1 tons)
  2. France (109.4 tons)
  3. United States (80.2 tons)
  4. Canada (48.4 tons)
  5. Finland (47.5 tons)
  6. Italy (35.1 tons)
  7. Poland (27.3 tons)
  8. Spain (16.9 tons)
  9. Slovenia (16.5 tons)

Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium

In 2022, purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -31.2% to 273 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted sharply to $2.8M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9472,8242,7171,631-5.7%
India8.7174494479280.4%
France360433552278-8.3%
Netherlands26.314.857913371.6%
Germany322279431118-28.4%
SlovakiaN/A26.4N/A24.0-4.7%
Others77.111746.913019.0%
Total2,7423,8684,8212,7930.6%

Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Belgium in 2022:

  1. China (175.6 tons)
  2. France (27.3 tons)
  3. Slovakia (21.2 tons)
  4. India (16.8 tons)
  5. Germany (11.1 tons)
  6. Netherlands (10.3 tons)

Source: IndexBox Market Intelligence Platform

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