Report Update Nov 1, 2024

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

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Luxembourg: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Luxembourg

In 2021, the Luxembourg ketone and quinone market decreased by -34.9% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, recorded a perceptible increase. Over the period under review, the market hit record highs at $X in 2020, and then shrank remarkably in the following year.

Ketone And Quinone Exports

Exports from Luxembourg

In 2021, ketone and quinone exports from Luxembourg skyrocketed to X tons, rising by 70% on the year before. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,514%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, ketone and quinone exports soared to $X in 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,705%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), the Czech Republic (X tons) and Italy (X kg) were the main destinations of ketone and quinone exports from Luxembourg, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +130.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for ketones and quinones exports from Luxembourg, comprising 47% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by Brazil, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+130.9% per year) and Brazil (0.0% per year).

Export Prices by Country

The average ketone and quinone export price stood at $X per ton in 2021, rising by 111% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 219%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to France ($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 the Netherlands (+350.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ketone And Quinone Imports

Imports into Luxembourg

In 2021, after two years of growth, there was significant decline in purchases abroad of ketones and quinones, when their volume decreased by -5.2% to X tons. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 7.9%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, ketone and quinone imports shrank sharply to $X in 2021. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 92%. Over the period under review, imports reached the maximum at $X in 2020, and then fell remarkably in the following year.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and China (X tons) were the main suppliers of ketone and quinone imports to Luxembourg, together comprising 80% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +115.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Belgium ($X) appeared to be the largest ketone and quinone suppliers to Luxembourg, with a combined 72% share of total imports.

Among the main suppliers, China, with a CAGR of +122.2%, recorded the highest growth rate of the value of imports, 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, declining by -42.8% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 102% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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, together accounting for 35% 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. 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 Luxembourg?

In value terms, the United States constituted the largest supplier of ketone and quinone to Luxembourg, comprising 78% of total imports. The second position in the ranking was occupied by Belgium, with a 10% share of total imports. It was followed by China, with a 4.2% share.

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

In value terms, the Netherlands emerged as the key foreign market for ketone and quinone exports from Luxembourg, comprising 49% of total exports. The second position in the ranking was occupied by Belgium, with a 20% share of total exports.

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

In 2020, the average ketone and quinone export price amounted to $2,480 per ton, shrinking by -86.5% against the previous year.

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

The average ketone and quinone import price stood at $8,151 per ton in 2020, jumping by 26% against the previous year.

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

Luxembourg

Data coverage:

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