EU - Acetone - Market Analysis, Forecast, Size, Trends And Insights
EU Acetone Market: Prices Hit Record $1,103 Per Ton, Surging 52% in 2021
IndexBox has just published a new report: 'EU - Acetone - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
The acetone import price in the EU stood at $1,103 per ton in 2021, rising by 52% against the previous year. Despite this, the volume of acetone imported in the EU peaked at 910K tons, reaching the highest level ever.
Acetone Import Prices in the EU
The average acetone import price in the EU stood at $1,103 per ton in 2021, rising by 52% against the previous year. There were significant differences in the average prices amongst the major importing countries. The country with the highest price was Italy ($1,596 per ton), while Belgium ($940 per ton) was amongst the lowest. In 2021, the most notable rate of growth was attained by Italy, where acetone import prices more than doubled in 2021. The other leaders experienced more modest paces of growth.
EU Acetone Imports
In 2021, the amount of acetone imported in the EU soared to 910K tons, increasing 16% compared with 2020 figures. In value terms, supplies skyrocketed to $1B.
The purchases of the three major importers of acetone, namely Belgium, Germany and the Netherlands, represented more than two-thirds of the total volume. It was distantly followed by Italy (59K tons), comprising a 6.5% share of total imports. France (36K tons) and Spain (17K tons) followed a long way behind the leaders.
In value terms, Belgium ($296M), Germany ($221M) and the Netherlands ($201M) constituted the countries with the highest levels of imports in 2021, with a combined 72% share of total supplies. Italy, France and Spain lagged somewhat behind, accounting for a further 17%.
Top Largest Acetone Exporters in the EU
Belgium dominates the acetone export structure, resulting in 589K tons, nearly 59% of total supplies in 2021. Spain (96K tons) took a 9.6% share (based on tons) of total volume, which put it in second place, followed by Germany (9.3%), the Netherlands (6.4%) and Finland (6.3%). France (36K tons) and Poland (25K tons) took a relatively small share of total exports.
In value terms, Belgium ($619M) remains the largest acetone supplier in the EU, comprising 58% of total exports. The second position in the ranking was occupied by Germany ($119M), with an 11% share of the total value. It was followed by the Netherlands, with a 7.6% share.
This report provides an in-depth analysis of the acetone market in the EU. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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