Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Malaysia - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia (CIF) - 2022
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia (CIF) - 2022
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $10,498 per ton in 2022, remaining relatively unchanged against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s decreased by -23.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. The import price peaked at $13,766 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($38,252 per ton), while the price for India ($4,422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $2,487 per ton, jumping by 26% against the previous year. In general, the export price saw a pronounced increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 108%. Over the period under review, the average export prices hit record highs at $3,997 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +2.0% per year.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia
In 2022, after three years of growth, there was significant decline in purchases abroad of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, when their volume decreased by -29.4% to 104 tons. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 3.2%.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s fell remarkably to $1.1M in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 2.7% against the previous year. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.5 | 63.3 | 340 | 524 | 87.5% |
| Japan | 313 | 291 | 464 | 300 | -1.4% |
| Singapore | 1,009 | 1,245 | 359 | 88.0 | -55.7% |
| Taiwan (Chinese) | 227 | 167 | 201 | 68.4 | -33.0% |
| Spain | 50.2 | 29.9 | 100 | 59.3 | 5.7% |
| India | 17.9 | 24.9 | 78.9 | 34.5 | 24.4% |
| Others | 79.4 | 2.9 | 20.7 | 13.8 | -44.2% |
| Total | 1,776 | 1,824 | 1,563 | 1,088 | -15.1% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Malaysia in 2022:
- China (70.0 tons)
- Singapore (9.1 tons)
- Japan (7.9 tons)
- India (7.8 tons)
- Spain (5.0 tons)
- Taiwan (Chinese) (2.9 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia
Exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s from Malaysia skyrocketed to 105 tons in 2022, jumping by 73% compared with 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 361% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $260K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 577%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 30.0 | 142 | 109 | 260 | 105.4% |
| United States | N/A | 62.2 | N/A | N/A | 0% |
| Others | 1.6 | 9.4 | 10.0 | N/A | 150.0% |
| Total | 31.5 | 213 | 119 | 260 | 102.1% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Malaysia in 2022:
- Singapore (104.6 tons)
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