Report Update Nov 1, 2024

Bangladesh - Ketones and Quinones - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Bangladesh

The Bangladeshi ketone and quinone market rose remarkably to $X in 2021, growing by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a buoyant increase. Ketone and quinone consumption peaked in 2021 and is likely to continue growth in the immediate term.

Ketone And Quinone Exports

Exports from Bangladesh

Ketone and quinone exports from Bangladesh amounted to X tons in 2021, therefore, remained relatively stable against the previous year. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, ketone and quinone exports totaled $X in 2021. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2018. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Singapore (X kg) and the United Arab Emirates (X kg) were the main destinations of ketone and quinone exports from Bangladesh.

From 2015 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +8.3%).

In value terms, the largest markets for ketone and quinone exported from Bangladesh were Singapore ($X) and the United Arab Emirates ($X).

The United Arab Emirates, with a CAGR of +7.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average ketone and quinone export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-0.6%).

Ketone And Quinone Imports

Imports into Bangladesh

For the fourth consecutive year, Bangladesh recorded growth in supplies from abroad of ketones and quinones, which increased by 26% to X tons in 2021. In general, imports showed a strong increase. The growth pace was the most rapid in 2016 when imports increased by 39%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, ketone and quinone imports rose sharply to $X in 2021. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 46%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Singapore (X tons) constituted the largest ketone and quinone supplier to Bangladesh, with a 32% share of total imports. Moreover, ketone and quinone imports from Singapore exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was held by China (X tons), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Singapore stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+27.7% per year) and China (+25.3% per year).

In value terms, Singapore ($X), China ($X) and India ($X) were the largest ketone and quinone suppliers to Bangladesh, with a combined 55% share of total imports. These countries were followed by Taiwan (Chinese), Vietnam, South Africa and South Korea, which together accounted for a further 15%.

Taiwan (Chinese), with a CAGR of +25.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ketone and quinone import price amounted to $X per ton, with a decrease of -12.2% against the previous year. In general, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ketones and quinones in the world?

The countries with the highest volumes of ketone and quinone consumption in 2020 were China, the United States and Spain, with a combined 35% share of global consumption. These countries were followed by India, Taiwan Chinese), Russia, Japan, Italy, Germany, Mexico, the UK, France and South Korea, which together accounted for a further 38%.

What are the largest producers of ketones and quinones in the world?

The countries with the highest volumes of ketone and quinone production in 2020 were the United States, Japan and Spain, together accounting for 29% of global production. These countries were followed by Taiwan Chinese), Saudi Arabia, Russia, China, South Korea, South Africa, Thailand, India and Singapore, which together accounted for a further 51%.

What are the leading suppliers of ketones and quinones to Bangladesh?

In value terms, Singapore, China and India were the largest ketone and quinone suppliers to Bangladesh, together accounting for 83% of total imports.

What is the average export price for ketones and quinones in Bangladesh?

In 2017, the average ketone and quinone export price amounted to $1,266 per ton, approximately mirroring the previous year.

What is the average import price for ketones and quinones in Bangladesh?

In 2020, the average ketone and quinone import price amounted to $1,791 per ton, reducing by -25.5% against the previous year.

This report provides an in-depth analysis of the ketone and quinone market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146211 - Acetone
Prodcom 20146213 - Butanone (methyl ethyl ketone)
Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
Prodcom 20146235 - Ionones and methylionones
Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
Prodcom 20146260 - Quinones
Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023