Europe: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Europe

After two years of growth, the Europe ketone and quinone market decreased by X% to $X in 2022. Over the period under review, consumption showed a slight contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ketone And Quinone Production in Europe

In value terms, ketone and quinone production reduced modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ketone And Quinone Exports

Exports in Europe

After two years of growth, overseas shipments of ketones and quinones decreased by X% to X tons in 2022. Overall, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached 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 contracted to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Belgium (X tons) represented the major exporter of ketones and quinones, achieving X% of total exports. 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%). The following exporters - Russia (X tons) and Poland (X tons) - each resulted at a X% 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, Belgium ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France, Italy, Poland and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Italy, with a CAGR of X%, recorded the highest growth rate of 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 Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Ketone And Quinone Imports

Imports in Europe

After two years of growth, overseas purchases of ketones and quinones decreased by X% to X tons in 2022. 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 appeared the most rapid in 2020 with an increase of X%. 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 contracted to $X in 2022. Total imports indicated pronounced 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. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. Switzerland (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), the UK (X%) and France (X%).

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

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Switzerland, the UK, France and Italy lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 Europe amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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