Price for Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa - 2022
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa (FOB) - 2022
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa
Price for Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s amounted to $12,535 per ton, waning by -33.9% against the previous year. In general, the export price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 110%. As a result, the export price reached the peak level of $67,750 per ton. From 2020 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 Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Botswana amounted to +22.0% per year.
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa
In 2022, shipments abroad of ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s decreased by -24.6% to 43 kg, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 61 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)s fell sharply to $539 in 2022. In general, exports showed a dramatic descent. The smallest decline of -29.4% was in 2020.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 195 | 279 | 191 | 539 | 40.3% |
| Botswana | 634 | 996 | 749 | N/A | 8.7% |
| Zimbabwe | 224 | 256 | 141 | N/A | -20.7% |
| Others | 1,115 | N/A | N/A | N/A | 0% |
| Total | 2,168 | 1,531 | 1,081 | 539 | -37.1% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Phenylacetone (Phenylpropan-2-One) from South Africa in 2022:
- Namibia (43.0 kg)
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