Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in South Africa - 2023

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (CIF) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa (FOB) - 2022
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in South Africa
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China6926229017613.2%
India10.47.61.255.975.2%
Germany9.684.769.948.571.6%
Turkey30.86.0N/A18.4-15.8%
AustriaN/AN/A8.512.951.8%
United Kingdom54.10.41.41.3-71.1%
Taiwan (Chinese)96.9N/AN/A0.3-85.4%
Netherlands10415049.8N/A-30.8%
Others4.211.898.66.515.7%
Total1,0038831,131905-3.4%

Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to South Africa in 2022:

  1. China (76.3 tons)
  2. Germany (5.2 tons)
  3. India (4.9 tons)
  4. Turkey (2.2 tons)
  5. 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)
COUNTRY2019202020212022CAGR,
2019-2022
MauritiusN/AN/AN/A3.70%
MozambiqueN/AN/AN/A1.20%
Zimbabwe8.45.0N/A0.6-58.5%
Democratic Republic of the CongoN/AN/A0.2N/A0%
OthersN/A2.06.10.5-50.0%
Total8.47.16.36.0-10.6%

Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from South Africa in 2022:

  1. Mauritius (2.1 tons)
  2. Mozambique (2.0 tons)
  3. Zimbabwe (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) - South Africa