Price for Ketone-Phenols and Ketones with Other Oxygen Function in Turkey - 2024
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (CIF) - 2024
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Turkey
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Turkey
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (CIF) - 2024
In July 2023, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $18,647 per ton, rising by 3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 65% month-to-month. As a result, import price attained the peak level of $22,324 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($53,144 per ton), while the price for Italy ($8,000 per ton) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $6,860 per ton, increasing by 20% against the previous year. In general, the export price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 183% against the previous year. The export price peaked at $28,581 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($22,151 per ton), while the average price for exports to Austria ($5,107 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 Russia (+31.1%), 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 Turkey
In 2022, after two years of decline, there was significant growth in supplies from abroad of ketone-phenols and ketones with other oxygen functia, when their volume increased by 9.9% to 174 tons. Overall, imports, however, recorded a abrupt descent.
In value terms, imports of ketone-phenols and ketones with other oxygen functia rose slightly to $3.6M in 2022. In general, imports, however, continue to indicate a perceptible reduction.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,880 | 3,132 | 2,891 | 2,952 | 0.8% |
| Mexico | 134 | 115 | 172 | 202 | 14.7% |
| India | 80.5 | 73.9 | 64.4 | 185 | 32.0% |
| Italy | 660 | 103 | 196 | 109 | -45.1% |
| Germany | 71.6 | 58.6 | 63.4 | 52.4 | -9.9% |
| Others | 73.9 | 40.2 | 43.4 | 65.2 | -4.1% |
| Total | 3,901 | 3,522 | 3,431 | 3,566 | -2.9% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Turkey in 2022:
- China (146.4 tons)
- India (11.4 tons)
- Italy (8.1 tons)
- Mexico (4.1 tons)
- Germany (2.7 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Turkey
After three years of growth, overseas shipments of ketone-phenols and ketones with other oxygen functia decreased by -14.1% to 128 tons in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,178% against the previous year.
In value terms, exports of ketone-phenols and ketones with other oxygen functia rose slightly to $879K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 502%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 4.7 | 328 | 646 | 506 | 375.7% |
| Russia | N/A | 3.5 | N/A | 181 | 619.1% |
| Iran | 57.9 | 93.0 | 71.6 | 79.0 | 10.9% |
| United States | 5.9 | N/A | 71.1 | 60.2 | 116.9% |
| Germany | N/A | N/A | 41.3 | 31.8 | -23.0% |
| Others | 9.1 | 41.6 | 23.1 | 21.8 | 33.8% |
| Total | 77.5 | 466 | 853 | 879 | 124.7% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Turkey in 2022:
- Austria (99.0 tons)
- United States (10.0 tons)
- Russia (8.2 tons)
- Germany (5.4 tons)
- Iran (4.0 tons)
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