Price for Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka - 2022

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (CIF) - 2022
  2. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (FOB) - 2022
  3. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka
  4. Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (CIF) - 2022

In 2022, the average import price for ketone-phenols and ketones with other oxygen functia amounted to $16,090 per ton, dropping by -2.5% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 28%. As a result, import price reached the peak level of $18,075 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($17,665 per ton), while the price for India amounted to $14,825 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (FOB) - 2022

The average export price for ketone-phenols and ketones with other oxygen functia stood at $18,440 per ton in 2022, shrinking by -14.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 81% against the previous year. The export price peaked at $44,750 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +1.5% per year.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka

In 2022, supplies from abroad of ketone-phenols and ketones with other oxygen functia decreased by -25.1% to 6.5 tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when imports increased by 25%. As a result, imports attained the peak of 9.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ketone-phenols and ketones with other oxygen functia fell rapidly to $105K in 2022. Over the period under review, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of $149K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India59.660.750.555.8-2.2%
China29.032.239.147.718.0%
Switzerland14.115.516.2N/A7.2%
Others14.240.637.91.4-53.8%
Total117149144105-3.5%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Sri Lanka in 2022:

  1. India (3.8 tons)
  2. China (2.7 tons)

Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka

In 2022, approx. 50 kg of ketone-phenols and ketones with other oxygen functia were exported from Sri Lanka; jumping by 43% compared with 2021 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ketone-phenols and ketones with other oxygen functia soared to $922 in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ketone-Phenols and Ketones with Other Oxygen Function in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh62168575792214.1%
OthersN/AN/AN/AN/A0%
Total62168575792214.1%

Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Sri Lanka in 2022:

  1. Bangladesh (50.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Ketone-phenols and ketones with other oxygen function - Sri Lanka