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

Contents:

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

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

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $16,538 per ton in 2022, growing by 12% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by +83.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 47%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($22,730 per ton), while the price for France ($3,452 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.5%), 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 Switzerland (FOB) - 2022

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $39,034 per ton in 2022, growing by 26% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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 Spain ($117,994 per ton), while the average price for exports to Japan ($10,761 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 Spain (+24.1%), 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 Switzerland

For the fourth consecutive year, Switzerland recorded growth in supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which increased by 55% to 3.6K tons in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 129% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $60M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 210% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

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

1. India (2251.2 tons)
2. Germany (651.1 tons)
3. China (429.5 tons)
4. France (187.0 tons)
5. United Kingdom (72.5 tons)

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

In 2022, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -11.8% to 54 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of 67 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 rose significantly to $2.1M in 2022. The total export value increased at an average annual rate of +14.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. Netherlands (9.8 tons)
2. Japan (7.8 tons)
3. United Kingdom (7.1 tons)
4. France (7.0 tons)
5. Germany (3.6 tons)
6. United States (3.2 tons)
7. India (2.4 tons)
8. Brazil (2.2 tons)
9. Turkey (2.1 tons)
10. Slovenia (2.0 tons)
11. Mexico (1.1 tons)
12. Belgium (1.1 tons)
13. Spain (1.0 tons)

Source: IndexBox Market Intelligence Platform