Price for Ketone-Phenols and Ketones with Other Oxygen Function in Spain - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Spain (CIF) - 2023
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Spain (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Spain
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Spain
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Spain (CIF) - 2023
In September 2023, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $15,966 per ton, declining by -32.3% against the previous month. In general, import price indicated a mild expansion from November 2022 to September 2023: its price increased at an average monthly rate of +1.8% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for ketone-phenols and ketones with other oxygen functia decreased by -32.3% against August 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 95% against the previous month. As a result, import price reached the peak level of $26,168 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($20,703 per ton), while the price for India ($6,253 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Spain (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $26,024 per ton, which is down by -7.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 an increase of 28%. Over the period under review, the average export prices reached the maximum at $29,072 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($34,200 per ton), while the average price for exports to Colombia ($13,631 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Spain
Imports of ketone-phenols and ketones with other oxygen functia into Spain surged to 1.1K tons in 2022, with an increase of 17% against the previous year's figure. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia soared to $21M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 6.5 | 6.7 | 8.2 | 22.1% |
| Germany | 2.3 | 4.1 | 3.9 | 4.4 | 24.1% |
| Netherlands | 0.5 | 1.2 | 2.3 | 3.3 | 87.6% |
| France | 1.5 | 1.3 | 1.5 | 2.2 | 13.6% |
| India | 1.6 | 0.7 | 0.8 | 1.1 | -11.7% |
| United States | 0.1 | N/A | 0.7 | 0.9 | 108.0% |
| Italy | 1.6 | 1.1 | 1.5 | 0.6 | -27.9% |
| Belgium | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Others | 0.6 | 0.6 | 0.2 | 0.1 | -45.0% |
| Total | 13.2 | 15.8 | 18.0 | 21.0 | 16.7% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Spain in 2022:
- China (392.2 tons)
- Germany (256.0 tons)
- Netherlands (249.7 tons)
- India (103.8 tons)
- Italy (41.5 tons)
- United States (27.6 tons)
- France (22.2 tons)
- Belgium (17.1 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Spain
In 2022, overseas shipments of ketone-phenols and ketones with other oxygen functia were finally on the rise to reach 328 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a noticeable curtailment.
In value terms, exports of ketone-phenols and ketones with other oxygen functia reached $8.5M in 2022. In general, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,534 | 2,729 | 3,451 | 3,894 | 15.4% |
| Germany | 3,011 | 2,376 | 1,654 | 1,399 | -22.5% |
| United States | 2,285 | 266 | 483 | 445 | -42.0% |
| Portugal | 101 | 94.7 | 290 | 340 | 49.9% |
| Turkey | 155 | 217 | 329 | 299 | 24.5% |
| Italy | 181 | 265 | 273 | 260 | 12.8% |
| Poland | 257 | 253 | 305 | 247 | -1.3% |
| Belgium | 131 | 95.2 | 57.1 | 239 | 22.2% |
| Colombia | 18.1 | 85.5 | 115 | 162 | 107.6% |
| United Kingdom | 357 | 202 | 183 | 152 | -24.8% |
| Brazil | 48.4 | 90.6 | 72.8 | 125 | 37.2% |
| Thailand | 1,044 | 37.8 | 257 | 31.9 | -68.7% |
| Others | 414 | 655 | 950 | 948 | 31.8% |
| Total | 10,535 | 7,365 | 8,419 | 8,541 | -6.8% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Spain in 2022:
- France (134.4 tons)
- Germany (42.4 tons)
- United States (26.3 tons)
- Poland (16.3 tons)
- Turkey (12.2 tons)
- Colombia (11.9 tons)
- Belgium (11.4 tons)
- Italy (10.5 tons)
- Portugal (10.0 tons)
- Brazil (7.6 tons)
- United Kingdom (6.0 tons)
- Thailand (2.0 tons)
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