Scandinavia: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Scandinavia

In 2022, the Scandinavia ketone and quinone market decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Ketone And Quinone Production in Scandinavia

In value terms, ketone and quinone production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ketone And Quinone Exports

Exports in Scandinavia

In 2022, after two years of growth, there was significant decline in shipments abroad of ketones and quinones, when their volume decreased by X% to X tons. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ketone and quinone exports rose to $X in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 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 failed to regain momentum.

Exports by Country

Finland was the major exporter of ketones and quinones in Scandinavia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Sweden (X tons), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ketone and quinone exports from Finland stood at X%. Sweden (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) remains the largest ketone and quinone supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Finland, ketone and quinone exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%).

Ketone And Quinone Imports

Imports in Scandinavia

In 2022, imports of ketones and quinones in Scandinavia fell slightly to X tons, waning by X% compared with 2021. Over the period under review, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, ketone and quinone imports rose significantly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Sweden was the largest importing country with an import of about X tons, which resulted at X% of total imports. Finland (X tons) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the ketones and quinones imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ketone and quinone importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Among the main importing countries, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, jumping by X% against the previous year. Import price indicated temperate growth 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 2020 indices. The pace of growth was the most pronounced in 2015 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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