Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Japan - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan (CIF) - 2023
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan (CIF) - 2023
In July 2023, the average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $5,067 per ton, waning by -20.1% against the previous month. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 29% against the previous month. Over the period under review, average import prices attained the maximum at $8,844 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to +2.7% per month.
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan (FOB) - 2022
The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $13,027 per ton in 2022, with an increase of 3.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 526% against the previous year. As a result, the export price attained the peak level of $50,400 per ton. From 2017 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 Ireland ($95,567 per ton), while the average price for exports to Brazil ($6,585 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 Mexico (+16.4%), 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 Japan
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s imported into Japan rose remarkably to 2.2K tons, increasing by 13% against the previous year. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $22M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +61.7% against 2020 indices. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 11.4 | 14.7 | 19.6 | 16.2% |
| Germany | N/A | 0.1 | 0.1 | 1.0 | 216.2% |
| India | 1.5 | 1.3 | 1.0 | 0.6 | -26.3% |
| Others | 1.8 | 1.0 | 0.8 | 1.2 | -12.6% |
| Total | 15.7 | 13.9 | 16.6 | 22.4 | 12.6% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Japan in 2022:
- China (1884.5 tons)
- Germany (224.1 tons)
- India (93.6 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, when their volume decreased by -24.5% to 44 tons. In general, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 58 tons, and then fell dramatically in the following year.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s shrank markedly to $567K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports attained the peak of $723K, and then dropped rapidly in the following year.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | 173 | 145 | -16.2% |
| Indonesia | 64.8 | 39.3 | 80.6 | 86.1 | 9.9% |
| South Korea | 4.0 | 43.3 | 61.3 | 81.4 | 173.0% |
| Thailand | 57.6 | 47.2 | 74.8 | 60.7 | 1.8% |
| Vietnam | 23.2 | 57.9 | 90.6 | 36.0 | 15.8% |
| China | 196 | 252 | 149 | 25.3 | -49.5% |
| Mexico | 2.2 | 15.8 | 22.8 | 24.6 | 123.6% |
| Others | 89.3 | 28.4 | 70.5 | 108 | 6.5% |
| Total | 437 | 484 | 723 | 567 | 9.1% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Japan in 2022:
- Brazil (22.0 tons)
- South Korea (7.3 tons)
- Indonesia (4.6 tons)
- Vietnam (2.9 tons)
- Thailand (2.6 tons)
- China (1.4 tons)
- Mexico (1.2 tons)
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