Ketone-Alcohols and Ketone-Aldehydes Price in Norway - 2023

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Norway (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in Norway (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in Norway
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in Norway

Ketone-Alcohols and Ketone-Aldehydes Price in Norway (CIF) - 2022

The average ketone-alcohols and ketone-aldehydes import price stood at $5,791 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. The import price peaked at $5,878 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($17,438 per ton), while the price for Iceland ($1,950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+44.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in Norway (FOB) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes export price amounted to $6,568 per ton, flattening at the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 164% against the previous year. As a result, the export price reached the peak level of $12,929 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +9.7% per year.

Ketone-Alcohols and Ketone-Aldehydes Imports in Norway

In 2022, purchases abroad of ketone-alcohols and ketone-aldehydeses decreased by -44.1% to 4.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports attained the peak of 7.6 tons, and then shrank rapidly in the following year.

In value terms, ketone-alcohols and ketone-aldehydes imports dropped sharply to $25K in 2022. Over the period under review, imports, however, posted a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $45K, and then shrank remarkably in the following year.

Import of Ketone-Alcohols and Ketone-Aldehydes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.87.714.020.644.7%
Germany0.30.50.51.363.0%
IcelandN/AN/AN/A0.60%
Sweden7.08.114.1N/A41.9%
Others8.29.616.22.1-36.5%
Total22.325.944.724.63.3%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Norway in 2022:

  1. Netherlands (3.9 tons)
  2. Iceland (0.3 tons)
  3. Germany (0.1 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in Norway

For the fourth year in a row, Norway recorded growth in overseas shipments of ketone-alcohols and ketone-aldehydeses, which increased by 100% to 1.1 tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 410%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, ketone-alcohols and ketone-aldehydes exports skyrocketed to $7.5K in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 802% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Ketone-Alcohols and Ketone-Aldehydes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.22.03.77.5234.7%
OthersN/AN/AN/AN/A0%
Total0.22.03.77.5234.7%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Norway in 2022:

  1. Sweden (1.1 tons)

Source: IndexBox Market Intelligence Platform

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