Report Update Nov 1, 2024

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

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Belarus: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Belarus

In 2021, the Belarusian ketone and quinone market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a deep setback. Ketone and quinone consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Ketone And Quinone Exports

Exports from Belarus

In 2021, overseas shipments of ketones and quinones decreased by -47.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2016 when exports increased by 860%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, ketone and quinone exports totaled $X in 2021. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 515%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for ketone and quinone exports from Belarus, accounting for a 64% share of total exports. Moreover, ketone and quinone exports to Russia exceeded the volume sent to the second major destination, Georgia (X tons), threefold. The third position in this ranking was taken by Ukraine (X tons), with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-2.4% per year) and Ukraine (+47.7% per year).

In value terms, Russia ($X) remains the key foreign market for ketones and quinones exports from Belarus, comprising 71% of total exports. The second position in the ranking was held by Ukraine ($X), with a 22% share of total exports. It was followed by Georgia, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+46.9% per year) and Georgia (-10.3% per year).

Export Prices by Country

The average ketone and quinone export price stood at $X per ton in 2021, growing by 120% against the previous year. Overall, the export price recorded noticeable growth. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+38.1%), while the prices for the other major destinations experienced a decline.

Ketone And Quinone Imports

Imports into Belarus

In 2021, supplies from abroad of ketones and quinones decreased by -8.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, ketone and quinone imports skyrocketed to $X in 2021. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 64%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main ketone and quinone supplier to Belarus, accounting for a 94% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+10.2% per year) and China (-6.0% per year).

In value terms, Russia ($X) constituted the largest supplier of ketones and quinones to Belarus, comprising 86% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+6.1% per year) and China (-9.0% per year).

Import Prices by Country

In 2021, the average ketone and quinone import price amounted to $X per ton, picking up by 43% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.6%), while the prices for the other major suppliers experienced a decline.

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, with a combined 29% share of global production. Taiwan Chinese), Saudi Arabia, Russia, China, South Korea, South Africa, Thailand, India and Singapore lagged somewhat behind, together comprising a further 51%.

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

In value terms, Russia constituted the largest supplier of ketone and quinone to Belarus, comprising 83% of total imports. The second position in the ranking was occupied by China, with a 6.9% share of total imports.

What are the leading importers of ketones and quinones from Belarus?

In value terms, Russia remains the key foreign market for ketone and quinone exports from Belarus, comprising 94% of total exports. The second position in the ranking was occupied by Ukraine, with a 5.9% share of total exports.

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

The average ketone and quinone export price stood at $4,127 per ton in 2020, picking up by 18% against the previous year.

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

The average ketone and quinone import price stood at $714 per ton in 2020, with a decrease of -8.7% against the previous year.

This report provides an in-depth analysis of the ketone and quinone market in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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