Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Azerbaijan - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Azerbaijan (CIF) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Azerbaijan
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Azerbaijan (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $32,049 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price enjoyed resilient growth. The growth pace was the most rapid in 2020 when the average import price increased by 128%. As a result, import price reached the peak level of $37,837 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($45,540 per ton), while the price for China stood at $13,373 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+34.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Azerbaijan
In 2022, purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -71.3% to 102 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 726% against the previous year. As a result, imports attained the peak of 355 kg, and then fell significantly in the following year.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s dropped notably to $3.3K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 527% against the previous year. As a result, imports attained the peak of $10K, and then shrank dramatically in the following year.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.2 | 0.7 | 4.4 | 2.3 | 125.7% |
| China | N/A | N/A | 1.0 | 0.7 | -30.0% |
| Spain | N/A | N/A | 0.5 | N/A | 0% |
| Germany | 0.1 | 0.6 | 3.4 | N/A | 483.1% |
| Others | N/A | 0.3 | 0.9 | 0.3 | 0.0% |
| Total | 0.3 | 1.6 | 10.2 | 3.3 | 122.4% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Azerbaijan in 2022:
- China (51.0 kg)
- Turkey (50.0 kg)
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