Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in South Africa - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $10,005 per ton in 2022, increasing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,381 per ton), while the price for Taiwan (Chinese) ($6,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.1%), 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 South Africa (FOB) - 2022
The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $1,361 per ton in 2022, declining by -71.2% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by 725%. As a result, the export price attained the peak level of $23,623 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($9,773 per ton), while the average price for exports to Mozambique ($607 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 Zambia (+23.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s imported into South Africa dropped rapidly to 90 tons, waning by -34.1% on the year before. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports reached the peak of 137 tons, and then reduced markedly in the following year.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s fell significantly to $905K in 2022. Over the period under review, imports saw a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $1.1M, and then fell remarkably in the following year.
Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 692 | 622 | 901 | 761 | 3.2% |
India | 10.4 | 7.6 | 1.2 | 55.9 | 75.2% |
Germany | 9.6 | 84.7 | 69.9 | 48.5 | 71.6% |
Turkey | 30.8 | 6.0 | N/A | 18.4 | -15.8% |
Austria | N/A | N/A | 8.5 | 12.9 | 51.8% |
United Kingdom | 54.1 | 0.4 | 1.4 | 1.3 | -71.1% |
Taiwan (Chinese) | 96.9 | N/A | N/A | 0.3 | -85.4% |
Netherlands | 104 | 150 | 49.8 | N/A | -30.8% |
Others | 4.2 | 11.8 | 98.6 | 6.5 | 15.7% |
Total | 1,003 | 883 | 1,131 | 905 | -3.4% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to South Africa in 2022:
- China (76.3 tons)
- Germany (5.2 tons)
- India (4.9 tons)
- Turkey (2.2 tons)
- Austria (1.5 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa
After two years of decline, shipments abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s increased by 230% to 4.4 tons in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s dropped modestly to $6K in 2022. Over the period under review, exports, however, recorded a abrupt descent.
Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritius | N/A | N/A | N/A | 3.7 | 0% |
Mozambique | N/A | N/A | N/A | 1.2 | 0% |
Zimbabwe | 8.4 | 5.0 | N/A | 0.6 | -58.5% |
Democratic Republic of the Congo | N/A | N/A | 0.2 | N/A | 0% |
Others | N/A | 2.0 | 6.1 | 0.5 | -50.0% |
Total | 8.4 | 7.1 | 6.3 | 6.0 | -10.6% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from South Africa in 2022:
- Mauritius (2.1 tons)
- Mozambique (2.0 tons)
- Zimbabwe (0.2 tons)
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