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

Contents:

  1. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (CIF) - 2022
  2. Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (FOB) - 2022
  3. Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand
  4. Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (CIF) - 2022

The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $8,793 per ton in 2022, picking up by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 an increase of 18% against the previous year. As a result, import price reached the peak level of $9,058 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($8,793 per ton) and Hong Kong SAR ($8,792 per ton), while the price for the United States ($8,791 per ton) and India ($8,791 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (FOB) - 2022

The average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $8,351 per ton in 2022, growing by 16% against the previous year. Overall, the export price enjoyed a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Fiji amounted to +2.9% per year.

Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand

In 2022, supplies from abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -66.7% to 30 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. As a result, imports reached the peak of 108 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s declined sharply to $265K in 2022. Overall, imports faced a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 41%. As a result, imports reached the peak of $812K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A1230%
China523764667112-40.2%
Hong Kong SARN/AN/AN/A10.40%
United States39.828.427.79.9-37.1%
India0.70.20.98.2127.1%
Others11.618.628.02.2-42.5%
Total575812724265-22.8%

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

  1. Thailand (13.9 tons)
  2. China (12.7 tons)
  3. Hong Kong SAR (1.2 tons)
  4. United States (1.1 tons)
  5. India (0.9 tons)

Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand

Exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s from New Zealand soared to 1.8 tons in 2022, picking up by 384% compared with 2021. In general, exports showed 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 skyrocketed to $15K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji0.9N/A2.715.2156.6%
OthersN/AN/AN/AN/A0%
Total0.9N/A2.715.2156.6%

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

  1. Fiji (1.8 tons)

Source: IndexBox Market Intelligence Platform

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