EU: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in the EU

The EU ketone and quinone market fell to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Ketone And Quinone Production in the EU

In value terms, ketone and quinone production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a mild decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Ketone And Quinone Exports

Exports in the EU

In 2022, overseas shipments of ketones and quinones decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a slight slump. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ketone and quinone exports shrank to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium represented the main exporter of ketones and quinones in the European Union, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. The Netherlands (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), France (X%) and Italy (X%). Poland (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest ketone and quinone supplying countries in the European Union were Belgium ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports. France, Italy and Poland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked 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 France ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Ketone And Quinone Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in overseas purchases of ketones and quinones, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 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 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, ketone and quinone imports expanded slightly to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Belgium (X tons), Germany (X tons) and the Netherlands (X tons) was the key importer of ketones and quinones in the European Union, comprising X% of total import. Italy (X tons) ranks next in terms of the total imports with a X% share, followed by France (X%) and Spain (X%). The Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ketone and quinone importing markets in the European Union were Germany ($X), Belgium ($X) and the Netherlands ($X), together comprising X% of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 the European Union amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed modest growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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