China: Methyl Isobutyl Ketone Market 2025

Methyl Isobutyl Ketone Market Size in China

In 2022, the Chinese methyl isobutyl ketone market decreased by -2.4% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption saw a mild descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Methyl Isobutyl Ketone Production in China

In value terms, methyl isobutyl ketone production reached $X in 2022 estimated in export price. In general, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 11%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Methyl Isobutyl Ketone Exports

Exports from China

In 2022, methyl isobutyl ketone exports from China amounted to X tons, picking up by 6.5% compared with 2021 figures. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 10,507% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, methyl isobutyl ketone exports declined notably to $X in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 3,373% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Costa Rica (X tons) was the main destination for methyl isobutyl ketone exports from China, with a 16% share of total exports. Moreover, methyl isobutyl ketone exports to Costa Rica exceeded the volume sent to the second major destination, Russia (X tons), threefold. Australia (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to Costa Rica amounted to +47.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+42.8% per year) and Australia (+40.4% per year).

In value terms, Costa Rica ($X) emerged as the key foreign market for X-methylpentan-2-one (methyl isobutyl ketone) exports from China, comprising 16% of total exports. The second position in the ranking was held by Russia ($X), with a 6.9% share of total exports. It was followed by Australia, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Costa Rica stood at +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+48.3% per year) and Australia (+72.1% per year).

Export Prices by Country

In 2022, the average methyl isobutyl ketone export price amounted to $X per ton, declining by -23.8% against the previous year. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of 146%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per ton) and Australia ($X per ton), while the average price for exports to Pakistan ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+59.4%), while the prices for the other major destinations experienced more modest paces of growth.

Methyl Isobutyl Ketone Imports

Imports into China

In 2022, the amount of X-methylpentan-2-one (methyl isobutyl ketone) imported into China declined markedly to X tons, shrinking by -19% compared with 2021 figures. Over the period under review, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 93% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, methyl isobutyl ketone imports shrank markedly to $X in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 95% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X tons), South Africa (X tons) and Japan (X tons) were the main suppliers of methyl isobutyl ketone imports to China, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +36.2%), while purchases for the other leaders experienced a decline.

In value terms, the largest methyl isobutyl ketone suppliers to China were South Korea ($X), South Africa ($X) and Japan ($X), together accounting for 99% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +25.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average methyl isobutyl ketone import price stood at $X per ton in 2022, which is down by -23.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Japan ($X per ton), while the price for South Africa ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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