Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Hungary - 2023

Contents:

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

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

In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $9,064 per ton, reducing by -27.7% against the previous year. Overall, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. Over the period under review, average import prices reached the maximum at $18,630 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($16,356 per ton), while the price for France ($4,179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $418,006 per ton in 2022, picking up by 912% against the previous year. In general, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Norway ($426,066 per ton), while the average price for exports to Slovakia amounted to $14,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.8%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Hungary recorded growth in supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which increased by 76% to 68 tons in 2022. In general, imports posted a significant increase. As a result, imports attained the peak 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 $621K in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached 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 Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14719275.21919.1%
Germany1591321931865.4%
France34.80.50.711850.2%
China20013819596.1-21.7%
Belgium2.121.34.819.9111.6%
Others32.256.718.89.2-34.1%
Total5745404886212.7%

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

  1. France (28.3 tons)
  2. Germany (20.3 tons)
  3. Italy (11.7 tons)
  4. China (6.5 tons)
  5. Belgium (1.6 tons)

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

In 2022, approx. 155 kg of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s were exported from Hungary; growing by 91% compared with the previous year. In general, exports, however, showed a drastic downturn.

In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $65K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/AN/A64.80%
GermanyN/AN/A2.8N/A0%
Slovakia13.1N/AN/AN/A0%
NetherlandsN/AN/A0.5N/A0%
OthersN/AN/AN/AN/A0%
Total13.1N/A3.364.870.4%

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

  1. Norway (152.0 kg)
  2. Slovakia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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