Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Hong Kong SAR - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (FOB) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (CIF) - 2022
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $44,388 per ton, dropping by -55.1% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 1,125%. As a result, the export price reached the peak level of $127,145 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,001,333 per ton), while the average price for exports to China ($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 India (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $17,986 per ton in 2022, increasing by 59% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2016 an increase of 162%. As a result, import price attained the peak level of $90,179 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 the United States ($83,176 per ton), while the price for China ($6,208 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced a decline.
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s exported from Hong Kong SAR dropped to 868 kg, falling by -8.9% against the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 245%. As a result, the exports reached the peak of 953 kg, and then contracted in the following year.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s dropped remarkably to $39K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 323%. As a result, the exports attained the peak of $94K, and then shrank significantly in the following year.
Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.7 | 4.1 | 13.0 | 11.8 | -4.9% |
France | 1.9 | N/A | 7.4 | 11.6 | 82.8% |
Japan | N/A | N/A | 7.8 | 1.9 | -75.6% |
Others | 2.4 | 18.2 | 66.1 | 13.2 | 76.5% |
Total | 18.0 | 22.3 | 94.3 | 38.5 | 28.8% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Hong Kong SAR in 2022:
- China (802.0 kg)
- France (40.0 kg)
- Japan (16.0 kg)
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR
In 2022, supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -44.8% to 1.6 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,295% against the previous year. As a result, imports reached the peak of 10 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s shrank to $29K in 2022. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 460%. As a result, imports attained the peak of $118K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.2 | 3.9 | 3.7 | 13.2 | 46.5% |
Netherlands | 1.4 | N/A | 7.1 | 5.8 | 60.6% |
South Korea | N/A | N/A | N/A | 5.8 | 0% |
China | 2.4 | 114 | 15.2 | 4.4 | 22.4% |
Germany | 13.1 | N/A | 7.3 | N/A | -25.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 21.0 | 118 | 33.3 | 29.2 | 11.6% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Hong Kong SAR in 2022:
- China (702.0 kg)
- South Korea (422.0 kg)
- Netherlands (338.0 kg)
- United States (159.0 kg)
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