Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Sri Lanka - 2022
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Sri Lanka (CIF) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Sri Lanka
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Sri Lanka (CIF) - 2022
In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $8,419 per ton, with an increase of 36% against the previous year. In general, the import price, however, showed a perceptible setback. Over the period under review, average import prices hit record highs at $11,921 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 South Korea ($67,809 per ton), while the price for China ($4,425 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Sri Lanka
In 2022, approx. 16 tons of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were imported into Sri Lanka; picking up by 46% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +57.8% against 2020 indices. As a result, imports reached the peak 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 skyrocketed to $135K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.0 | 41.9 | 37.4 | 65.7 | 27.1% |
| South Korea | 6.3 | 7.7 | 12.0 | 61.0 | 113.1% |
| India | 10.9 | 4.0 | 4.8 | 8.4 | -8.3% |
| Singapore | 17.7 | 9.2 | 8.0 | N/A | -32.8% |
| Others | 10.5 | 6.2 | 6.0 | 0.4 | -66.4% |
| Total | 77.4 | 69.0 | 68.2 | 135 | 20.4% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Sri Lanka in 2022:
- China (14.8 tons)
- South Korea (0.9 tons)
- India (0.3 tons)
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