Camphor market
Camphor market: read newly released data enhanced by an Ai-driven market intelligence platform. Info contain trade, production, companies, imports, exports, consumption, market size, and market prices. There is a breakdown by region, including China, EU, Africa, Latin America, the U.S., the Middle East, the U.K., and Russia. Market insights and forecast to 2030 are also provided in the snapshots.
Camphor - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | United States |
| 4 | Mexico |
| 5 | Japan |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
In China, the market of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function expanded at an average annual rate of +5.8% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (+15.3% per year) and the United States (+7.8% per year).
Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Brazil | 1453 | 1433 | 1055 | -14.8% |
| Belgium | 4553 | 4785 | 3664 | -10.3% |
| United States | 8544 | 8135 | 5464 | -20.0% |
| Netherlands | 9332 | 7691 | 6693 | -15.3% |
| Italy | 6474 | 7307 | 6813 | 2.6% |
| Germany | 7077 | 7522 | 8115 | 7.1% |
| China | 9287 | 10374 | 9122 | -0.9% |
| India | 8732 | 9179 | 12487 | 19.6% |
| Average | 7632 | 7932 | 7551 | -0.5% |
Prices varied noticeably by the country of origin; the country with the highest price was India ($12,487 per ton), while Brazil ($1,055 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Switzerland | 16328 | 15378 | 15496 | -2.6% |
| Japan | 10575 | 12748 | 10780 | 1.0% |
| Italy | 6048 | 6809 | 9457 | 25.0% |
| South Korea | 8895 | 9234 | 8755 | -0.8% |
| Spain | 8442 | 9018 | 8588 | 0.9% |
| United States | 8465 | 9090 | 8382 | -0.5% |
| Brazil | 8947 | 8502 | 8008 | -5.4% |
| India | 6550 | 7015 | 7941 | 10.1% |
| Germany | 6609 | 7834 | 7679 | 7.8% |
| Netherlands | 6058 | 6422 | 7616 | 12.1% |
| France | 8996 | 10113 | 6976 | -11.9% |
| Belgium | 3014 | 4186 | 6099 | 42.3% |
| China | 3759 | 3619 | 4145 | 5.0% |
| Average | 7381 | 7747 | 7974 | 3.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($15,496 per ton), while China ($4,145 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols and Ketones With Other Oxygen Function - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 218 | 180 | 160 | -14.4% |
| Germany | 106 | 116 | 103 | -1.6% |
| India | 45 | 50 | 97 | 45.9% |
| Netherlands | 63 | 80 | 70 | 5.2% |
| Italy | 26 | 31 | 46 | 33.7% |
In value terms, the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function importing markets worldwide were the United States ($160M), Germany ($103M) and India ($97M), with a combined 38% share of global imports.
Among the main importing countries, India recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols and Ketones With Other Oxygen Function - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 415 | 375 | 343 | -9.0% |
| India | 108 | 108 | 160 | 21.6% |
| Netherlands | 57 | 47 | 70 | 11.0% |
| United States | 51 | 33 | 61 | 9.8% |
| Italy | 54 | 62 | 61 | 6.6% |
In value terms, China ($343M) remains the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by India ($160M), with a 17% share of global exports. It was followed by the Netherlands, with a 7.6% share.
In China, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function decreased by an average annual rate of -9.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+21.6% per year) and the Netherlands (+11.0% per year).
Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols and Ketones With Other Oxygen Function - Market Forecast
Driven by increasing demand for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Camphor - Product Coverage
- HS 291431 - Ketones; aromatic, (without other oxygen function), phenylacetone (phenylpropan-2-one)
- HS 291439 - Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)
- HS 291440 - Ketone-alcohols and ketone-aldehydes
- HS 291450 - Ketone-phenols and ketones with other oxygen function
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