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

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark (CIF) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark (FOB) - 2023
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark
  4. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark

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

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $11,038 per ton in 2022, increasing by 44% against the previous year. Overall, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Czech Republic ($199,148 per ton), while the price for Taiwan (Chinese) ($4,360 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark (FOB) - 2023

In June 2023, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $49,968 per ton, increasing by 926% against the previous month. In general, the export price, however, recorded a deep reduction. The export price peaked at $140K per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From November 2022 to June 2023, the rate of growth in terms of prices for France amounted to 0.0% per month.

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

In 2022, purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -78.2% to 117 tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 181%. As a result, imports attained the peak of 614 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted dramatically to $1.3M in 2022. Over the period under review, imports saw a noticeable slump. The pace of growth was the most pronounced in 2020 when imports increased by 163%.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1697631,48167058.3%
Taiwan (Chinese)N/AN/A83.4352322.1%
Italy1,0632,8932,431166-46.1%
Germany13241.675.052.4-26.5%
Others51.015.726.450.8-0.1%
Total1,4153,7144,0971,291-3.0%

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

  1. Taiwan (Chinese) (80.8 tons)
  2. Italy (24.0 tons)
  3. Germany (5.4 tons)
  4. Czech Republic (3.4 tons)

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

For the third year in a row, Denmark recorded decline in shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by 0% to 14 kg in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -26.5% was in 2020.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $1.4K in 2022. Over the period under review, exports posted a slight increase. The smallest decline of -40.8% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.3N/AN/A1.42.5%
SwedenN/A0.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.30.8N/A1.42.5%

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

  1. United Kingdom (14.0 kg)

Source: IndexBox Market Intelligence Platform

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