Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in the Philippines - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $10,261 per ton in 2022, growing by 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 121% against the previous year. As a result, import price attained the peak level of $18,570 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($24,625 per ton), while the price for China amounted to $10,129 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.2%), 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 the Philippines (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $26,000 per ton, almost unchanged from the previous year. In general, the export price posted a pronounced expansion. The growth pace was the most rapid in 2020 an increase of 108%. Over the period under review, the average export prices reached the maximum at $40,609 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($27,000 per ton), while the average price for exports to India amounted to $24,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.3%).
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines
Imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s into the Philippines skyrocketed to 60 tons in 2022, increasing by 70% against 2021 figures. In general, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 85%.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $616K in 2022. Over the period under review, imports showed a temperate increase. 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 221 | 61.1 | 170 | 597 | 39.3% |
| Indonesia | 275 | 270 | 89.5 | N/A | -43.0% |
| Italy | 5.8 | 3.1 | 5.6 | N/A | -1.7% |
| Others | 38.0 | 20.3 | 45.5 | 18.8 | -20.9% |
| Total | 540 | 354 | 311 | 616 | 4.5% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to the Philippines in 2022:
- China (58.9 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines
In 2022, shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by 0% to 3 kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 67% against the previous year. As a result, the exports attained the peak of 5 kg. 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 totaled $78 in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 247% against the previous year. As a result, the exports attained the peak of $156. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 31.0 | 2.0 | N/A | 54.0 | 20.3% |
| India | 11.0 | 1.0 | N/A | 24.0 | 29.7% |
| China | 3.0 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 153 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.0 | 156 | N/A | 78.0 | 20.1% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from the Philippines in 2022:
- Singapore (2.0 kg)
- India (1.0 kg)
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