Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Indonesia - 2022

Contents:

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

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

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $8,687 per ton in March 2022, declining by -51.6% against the previous month. In general, the import price saw a perceptible decline. The growth pace was the most rapid in January 2022 when the average import price increased by 104% month-to-month. The import price peaked at $18,061 per ton in August 2021; however, from September 2021 to March 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was India ($38,105 per ton), while the price for Taiwan (Chinese) ($1,780 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $14,333 per ton in 2022, reducing by -90.8% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 342% against the previous year. Over the period under review, the average export prices attained the peak figure at $329,620 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($18,000 per ton), while the average price for exports to China stood at $7,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s into Indonesia surged to 236 tons, growing by 22% on the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $2.2M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (131.7 tons)
2. Taiwan (Chinese) (79.7 tons)
3. Japan (8.9 tons)
4. France (5.2 tons)
5. India (4.2 tons)

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

In 2022, shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -99.7% to 3 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp downturn. The pace of growth was the most pronounced in 2020 when exports increased by 560% against the previous year. As a result, the exports reached the peak of 9.2 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s contracted remarkably to $43 in 2022. Overall, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. As a result, the exports attained the peak of $969K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Japan (2.0 kg)
2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform