Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Colombia - 2022

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (CIF) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (FOB) - 2022
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia
  4. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (CIF) - 2022

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $17,887 per ton in 2022, surging by 23% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($44,059 per ton), while the price for Israel ($4,318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (FOB) - 2022

In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $27,905 per ton, which is down by -6.8% against the previous year. In general, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 97% against the previous year. The export price peaked at $29,950 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($74,333 per ton), while the average price for exports to Venezuela ($14,737 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 Argentina (+76.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia

In 2022, approx. 93 tons of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were imported into Colombia; increasing by 45% compared with 2021. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $1.7M in 2022. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4843435351,14433.2%
Taiwan (Chinese)17277.0152160-2.4%
India220127176146-12.8%
Switzerland1.367.31.4146382.5%
IsraelN/AN/AN/A10.40%
Others10672.468.563.2-15.8%
Total9846879341,66919.3%

Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Colombia in 2022:

  1. China (63.3 tons)
  2. India (13.1 tons)
  3. Taiwan (Chinese) (9.0 tons)
  4. Switzerland (3.3 tons)
  5. Israel (2.4 tons)

Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia

In 2022, overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were finally on the rise to reach 844 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous slump.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s skyrocketed to $24K in 2022. Overall, exports, however, saw a abrupt shrinkage.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador40.46.417.316.2-26.3%
MexicoN/A3.5N/A3.72.8%
Venezuela3.4N/AN/A3.0-4.1%
ArgentinaN/A10.5N/A0.7-74.2%
Others0.3N/AN/AN/A0%
Total44.120.417.323.6-18.8%

Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Colombia in 2022:

  1. Ecuador (568.0 kg)
  2. Venezuela (205.0 kg)
  3. Mexico (62.0 kg)
  4. Argentina (9.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) - Colombia