Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Thailand - 2024
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand (CIF) - 2022
In 2022, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $10,291 per ton, increasing by 42% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by +78.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 India ($18,666 per ton), while the price for Italy ($4,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), 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 Thailand (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $5,265 per ton, flattening at the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2013 an increase of 33% against the previous year. The export price peaked at $66,531 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
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 Vietnam ($14,760 per ton), while the average price for exports to Taiwan (Chinese) stood at $5,071 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.4%), 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 Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which increased by 11% to 239 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.3% 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 +78.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s surged to $2.5M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.9 | 5.6 | 1.9 | 1,204 | 575.9% |
| China | 888 | 827 | 1,337 | 1,069 | 6.4% |
| India | 81.9 | 89.1 | 97.1 | 101 | 7.2% |
| Taiwan (Chinese) | 37.9 | 3.9 | 21.7 | 38.8 | 0.8% |
| Italy | N/A | N/A | 20.8 | 16.9 | -18.8% |
| Others | 22.0 | 12.7 | 72.2 | 24.3 | 3.4% |
| Total | 1,034 | 938 | 1,550 | 2,455 | 33.4% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Thailand in 2022:
- China (146.1 tons)
- France (73.1 tons)
- Taiwan (Chinese) (9.1 tons)
- India (5.4 tons)
- Italy (4.2 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand
For the third consecutive year, Thailand recorded decline in overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, which decreased by 0% to 5.1 tons in 2022. Overall, exports showed a abrupt slump. The smallest decline of -95.5% was in 2020.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $27K in 2022. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -94.3% was in 2020.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 25.4 | 0% |
| Vietnam | N/A | 0.7 | N/A | 1.5 | 46.4% |
| China | 60.6 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | 2.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 60.6 | 3.5 | N/A | 26.9 | -23.7% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Thailand in 2022:
- Taiwan (Chinese) (5.0 tons)
- Vietnam (0.1 tons)
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