World - Cyclohexanone And Methylcyclohexanones - Market Analysis, Forecast, Size, Trends And Insights
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The article provides a comprehensive analysis of the global market for cyclohexanone and methylcyclohexanones, forecasting an upward consumption trend over the next eight years. It highlights key data such as consumption volumes, market values, production levels, import and export trends, and top consumer and producer countries. The analysis indicates that the market is poised for growth, with forecasts showing increases in both consumption and value. Insights on price trends, growth rates, and notable shifts in the market over the past decade are also provided, offering valuable information for industry stakeholders.
Market Forecast
Driven by rising demand for cyclohexanone and methylcyclohexanones worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market volume to 531K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.5% for the period from 2022 to 2030, which is projected to bring the market value to $1.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Cyclohexanone And Methylcyclohexanones
In 2022, consumption of cyclohexanone and methylcyclohexanones was finally on the rise to reach 457K tons for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 6.1% against the previous year. Global consumption peaked at 508K tons in 2015; however, from 2016 to 2022, consumption failed to regain momentum.
The global cyclohexanone and methylcyclohexanones market revenue rose markedly to $760M in 2022, increasing by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a mild slump. Global consumption peaked at $893M in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the Netherlands (78K tons), Taiwan (Chinese) (70K tons) and the UK (40K tons), together accounting for 41% of global consumption. India, Belgium, the Czech Republic, Japan, Spain and Vietnam lagged somewhat behind, together comprising a further 39%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Vietnam (with a CAGR of +15.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, Taiwan (Chinese) ($102M), the Netherlands ($102M) and the UK ($66M) appeared to be the countries with the highest levels of market value in 2022, together accounting for 36% of the global market. India, Belgium, Japan, the Czech Republic, Vietnam and Spain lagged somewhat behind, together comprising a further 40%.
Vietnam, with a CAGR of +15.0%, saw the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of cyclohexanone and methylcyclohexanones per capita consumption in 2022 were the Netherlands (4.5 kg per person), Belgium (3 kg per person) and the Czech Republic (2.9 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Vietnam (with a CAGR of +14.4%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Cyclohexanone And Methylcyclohexanones
In 2022, approx. 319K tons of cyclohexanone and methylcyclohexanones were produced worldwide; remaining relatively unchanged against the previous year. Over the period under review, production, however, recorded a mild decline. The growth pace was the most rapid in 2014 with an increase of 9.9% against the previous year. Global production peaked at 378K tons in 2015; however, from 2016 to 2022, production failed to regain momentum.
In value terms, cyclohexanone and methylcyclohexanones production shrank slightly to $455M in 2022 estimated in export price. Overall, production, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.7%. Over the period under review, global production attained the peak level at $667M in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were Taiwan (Chinese) (112K tons), the Netherlands (89K tons) and China (59K tons), with a combined 81% share of global production. Japan, Poland and the United States lagged somewhat behind, together accounting for a further 17%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by the United States (with a CAGR of +0.5%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Cyclohexanone And Methylcyclohexanones
In 2022, approx. 311K tons of cyclohexanone and methylcyclohexanones were imported worldwide; falling by -7.3% compared with the previous year. Over the period under review, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Global imports peaked at 412K tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, cyclohexanone and methylcyclohexanones imports rose notably to $583M in 2022. Overall, imports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. Over the period under review, global imports hit record highs at $723M in 2014; however, from 2015 to 2022, imports failed to regain momentum.
Imports By Country
Belgium (43K tons), India (42K tons), the UK (41K tons), the Czech Republic (32K tons), Spain (23K tons), Vietnam (22K tons), Thailand (16K tons), Germany (13K tons), Japan (10K tons), the Netherlands (10K tons), Israel (8.8K tons) and South Korea (7.7K tons) represented roughly 87% of total imports in 2022.
From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +39.9%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the largest cyclohexanone and methylcyclohexanones importing markets worldwide were India ($74M), the UK ($72M) and Belgium ($72M), with a combined 37% share of global imports. The Czech Republic, Vietnam, Spain, Thailand, Germany, Japan, the Netherlands, Israel and South Korea lagged somewhat behind, together accounting for a further 44%.
Among the main importing countries, Israel, with a CAGR of +39.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average cyclohexanone and methylcyclohexanones import price amounted to $1,877 per ton, surging by 16% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, average import prices hit record highs at $1,957 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Japan ($2,027 per ton) and Vietnam ($1,976 per ton), while Spain ($1,606 per ton) and Belgium ($1,685 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the other global leaders experienced mixed trends in the import price figures.
Exports
World Exports of Cyclohexanone And Methylcyclohexanones
Global cyclohexanone and methylcyclohexanones exports contracted rapidly to 173K tons in 2022, waning by -21.6% on the previous year. Over the period under review, exports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 36%. The global exports peaked at 276K tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
In value terms, cyclohexanone and methylcyclohexanones exports shrank to $346M in 2022. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by 71%. Over the period under review, the global exports attained the maximum at $491M in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports By Country
In 2022, China (57K tons) and Taiwan (Chinese) (43K tons) represented the largest exporters of cyclohexanone and methylcyclohexanonesin the world, together reaching approx. 58% of total exports. The Netherlands (21K tons) took the next position in the ranking, followed by Japan (12K tons), Germany (12K tons) and Belgium (8.1K tons). All these countries together took near 31% share of total exports. The United States (7.8K tons) and India (3.6K tons) held a minor share of total exports.
From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +15.3%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, China ($94M), Taiwan (Chinese) ($70M) and the United States ($43M) constituted the countries with the highest levels of exports in 2022, together comprising 60% of global exports. The Netherlands, Germany, Japan, India and Belgium lagged somewhat behind, together comprising a further 34%.
Japan, with a CAGR of +13.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average cyclohexanone and methylcyclohexanones export price stood at $2,000 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 26%. Over the period under review, the average export prices attained the maximum at $2,113 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,513 per ton), while Taiwan (Chinese) ($1,631 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 (+6.6%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global cyclohexanone and methylcyclohexanones market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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