Eastern Europe: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Eastern Europe

In 2022, the East European ketone and quinone market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, showed a pronounced descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ketone And Quinone Production in Eastern Europe

In value terms, ketone and quinone production declined to $X in 2022 estimated in export price. Overall, production showed a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ketone And Quinone Exports

Exports in Eastern Europe

After three years of growth, shipments abroad of ketones and quinones decreased by X% to X tons in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, ketone and quinone exports dropped rapidly to $X in 2022. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) and Poland (X tons) prevails in exports structure, together generating X% of total exports. It was distantly followed by the Czech Republic (X tons), generating a X% share of total exports. The following exporters - Latvia (X tons) and Bulgaria (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced a decline in the export price figures.

Ketone And Quinone Imports

Imports in Eastern Europe

In 2022, approx. X tons of ketones and quinones were imported in Eastern Europe; reducing by X% compared with the previous year's figure. Overall, imports recorded a mild reduction. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ketone and quinone imports shrank slightly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The Czech Republic represented the key importing country with an import of around X tons, which amounted to X% of total imports. Poland (X tons) ranks second in terms of the total imports with a X% share, followed by Belarus (X%), Russia (X%), Hungary (X%) and Romania (X%). Lithuania (X tons) held a relatively small share of total imports.

The Czech Republic experienced a relatively flat trend pattern with regard to volume of imports of ketones and quinones. At the same time, Lithuania (X%), Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Hungary experienced a relatively flat trend pattern. By contrast, Russia (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), the Czech Republic (X p.p.) and Lithuania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Russia ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Hungary, Romania, Belarus and Lithuania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone and quinone import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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