Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Singapore - 2022
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $12,200 per ton in 2022, picking up by 19% against the previous year. In general, the import price, however, recorded a mild decline. Over the period under review, average import prices attained the maximum at $14,653 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($15,178 per ton), while the price for Taiwan (Chinese) ($5,720 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.6%), 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 Singapore (FOB) - 2022
In September 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $42,401 per ton, shrinking by -35.9% against the previous month. Over the period under review, the export price, however, saw slight growth. The pace of growth appeared the most rapid in November 2021 when the average export price increased by 362% against the previous month. The export price peaked at $86,511 per ton in March 2022; however, from April 2022 to September 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In September 2022, the country with the highest price was Indonesia ($38,465 per ton), while the average price for exports to South Korea totaled $35,385 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s imported into Singapore reduced dramatically to 733 tons, dropping by -15.7% on the year before. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 870 tons, and then declined sharply in the following year.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $8.9M in 2022. Overall, imports saw a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16%.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 4.4 | 6.3 | 5.4 | -3.5% |
| India | 1.0 | 1.2 | 0.9 | 1.4 | 11.9% |
| Germany | 1.6 | 1.6 | 1.3 | 1.2 | -9.1% |
| Netherlands | 0.3 | N/A | N/A | 0.3 | 0.0% |
| Italy | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Malaysia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Cameroon | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 9.4 | 7.7 | 8.9 | 8.9 | -1.8% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Singapore in 2022:
- China (448.2 tons)
- India (110.3 tons)
- Germany (80.6 tons)
- Netherlands (29.3 tons)
- Italy (16.0 tons)
- Cameroon (14.4 tons)
- Malaysia (13.1 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore
In 2022, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s from Singapore expanded rapidly to 91 tons, increasing by 5.3% on the year before. Over the period under review, exports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. As a result, the exports reached the peak of 179 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s skyrocketed to $2.5M in 2022. In general, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 100%. As a result, the exports reached the peak of $4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 647 | 2,140 | 857 | 1,350 | 27.8% |
| South Korea | 688 | 592 | 347 | 649 | -1.9% |
| China | 195 | 30.2 | 234 | 74.1 | -27.6% |
| Algeria | N/A | 1.4 | N/A | 59.1 | 549.7% |
| India | 16.7 | 53.6 | 31.3 | 54.8 | 48.6% |
| Thailand | 101 | 146 | 81.0 | 52.5 | -19.6% |
| Brazil | 7.3 | 76.3 | N/A | 38.0 | 73.3% |
| Malaysia | 95.6 | 2.0 | 30.1 | 26.6 | -34.7% |
| Australia | 5.1 | 760 | 95.7 | 24.8 | 69.4% |
| Vietnam | 29.6 | 13.5 | 25.4 | 7.0 | -38.2% |
| Sri Lanka | 33.2 | 15.8 | 4.4 | N/A | -63.6% |
| Others | 187 | 176 | 194 | 149 | -7.3% |
| Total | 2,006 | 4,006 | 1,901 | 2,485 | 7.4% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Singapore in 2022:
- Indonesia (55.4 tons)
- South Korea (14.8 tons)
- China (7.7 tons)
- Brazil (2.0 tons)
- Australia (1.7 tons)
- Algeria (1.5 tons)
- India (1.4 tons)
- Malaysia (1.4 tons)
- Thailand (1.4 tons)
- Vietnam (0.3 tons)
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