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

Contents:

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

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

In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $19,280 per ton, increasing by 17% against the previous year. Overall, the import price continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2019 an increase of 51% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,707 per ton), while the price for China stood at $12,778 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+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 Panama (FOB) - 2022

In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $18,857 per ton, shrinking by -4.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 70%. Over the period under review, the average export prices hit record highs at $19,773 per ton in 2021, and then contracted modestly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($19,400 per ton), while the average price for exports to Colombia ($18,813 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 Guatemala (+3.4%), 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 Panama

After two years of decline, overseas purchases of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by 8.7% to 50 kg in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $964 in 2022. In general, imports, however, faced a sharp shrinkage.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.14.30.50.8-36.3%
China3.21.10.10.1-68.5%
India0.20.30.1N/A-29.3%
Others0.1N/AN/AN/A0%
Total6.65.70.81.0-46.7%

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

  1. United States (41.0 kg)
  2. China (9.0 kg)

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

Exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s from Panama dropped to 175 kg in 2022, approximately equating 2021 figures. Over the period under review, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 0.6%.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s shrank to $3.3K in 2022. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 12%.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela3.92.22.42.2-17.4%
Colombia1.20.70.90.9-9.1%
GuatemalaN/A0.20.20.20.0%
OthersN/AN/AN/AN/A0%
Total5.23.13.53.3-14.1%

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

  1. Venezuela (117.0 kg)
  2. Colombia (48.0 kg)
  3. Guatemala (10.0 kg)

Source: IndexBox Market Intelligence Platform

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