Cyclohexanone Price Trend Analysis: Q4 2024
In Q4 2024, the Cyclohexanone market experienced a notable downturn in several regions, with significant price declines across key markets. China, Argentina, and Brazil saw sharp price drops of 9.3%, 12.6%, and 12.6%, respectively, driven by weakening demand from critical sectors such as chemicals, automotive, and manufacturing, compounded by global economic challenges. South Korea experienced a similar decline of 9.0%, reflecting reduced consumption and market uncertainty.
Taiwan saw a smaller drop of 4.9%, while Vietnam faced a 4.7% reduction, indicating that despite global headwinds, demand in certain industries remained relatively stable but still impacted by broader market conditions. The overall market in Q4 2024 was marked by cautious demand, with price declines influenced by global economic slowdowns, decreased industrial activity, and ongoing supply chain disruptions.Â
Cyclohexanone Price Trend Analysis: Q3 2024
In Q3 2024, the Cyclohexanone market experienced varying price trends across different regions, with some countries seeing strong increases while others faced declines. Argentina and Brazil saw significant price rises of 8.2% and 8.6%, respectively, driven by robust demand from the chemicals and manufacturing sectors, supported by favorable economic conditions. China also saw a 2.2% increase, reflecting stable demand in both domestic and export markets.
South Korea saw a 3.0% price increase, driven by gradual recovery in demand across key industries. Vietnam also experienced a healthy 3.5% rise, supported by sustained demand in manufacturing and automotive industries. Taiwan had a modest increase of 0.9%, suggesting slower growth compared to other regions, while still reflecting moderate demand recovery.
Overall, the market displayed a mixed trend, with some regions benefiting from strong demand, while others struggled with challenges like logistical constraints and regional market fluctuations.Â
Cyclohexanone Price Trend Analysis: Q2 2024
In Q2 2024, the Cyclohexanone market saw gradual price increases across most regions, reflecting moderate demand growth despite ongoing global economic uncertainties. Argentina and Brazil led the price rises with increases of 1.7% each, supported by stable domestic demand in their chemical and manufacturing sectors. Vietnam also saw a notable 2.2% price rise, driven by consistent demand from industries like automotive and chemicals.
Taiwan followed suit with a 1.8% increase, reflecting stable industrial activity and demand. South Korea experienced a slight 0.4% rise, suggesting a steady but slower pace of demand recovery compared to other regions. China, with a marginal increase of 0.2%, reflected more stable pricing in response to balanced domestic demand and global supply constraints.
Overall, the market showed positive but modest growth, with price increases in most regions driven by steady industrial recovery and gradual demand improvement.Â
Cyclohexanone Price Trend Analysis: Q1 2024
In Q1 2024, the Cyclohexanone market experienced varying price movements across regions due to a mix of demand recovery, supply chain factors, and economic conditions. Argentina and Brazil saw significant price increases of 12.0% and 12.2%, respectively, driven by strong domestic demand from their recovering chemical and manufacturing industries. Vietnam also saw a notable rise of 7.6%, reflecting higher demand from sectors like automotive and chemicals.
Taiwan and South Korea saw moderate price increases of 4.4% and 3.6%, respectively, driven by steady demand from industrial sectors and the strong manufacturing base in Taiwan. China experienced a modest rise of 2.8%, with stable domestic demand for Cyclohexanone, though global supply chain disruptions continued to exert pressure on prices.
Overall, the market was characterized by a mix of price increases in regions with recovering demand and moderate price movements elsewhere, influenced by both regional economic conditions and supply chain factors.Â