Italy - Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Acid Price in Italy - 2023
Contents:
- Acetic Acid Price in Italy (CIF) - 2022
- Acetic Acid Price in Italy (FOB) - 2022
- Acetic Acid Imports in Italy
- Acetic Acid Exports in Italy
Acetic Acid Price in Italy (CIF) - 2022
The average acetic acid import price stood at $1,254 per ton in 2022, jumping by 30% against the previous year. In general, the import price recorded resilient growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($1,521 per ton) and Spain ($1,487 per ton), while the price for the Netherlands ($1,056 per ton) and Germany ($1,085 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 (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Acid Price in Italy (FOB) - 2022
The average acetic acid export price stood at $1,719 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 89% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,218 per ton), while the average price for exports to France ($1,294 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Acetic Acid Imports in Italy
In 2022, approx. 34K tons of acetic acid were imported into Italy; declining by -16.5% against the previous year. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 41K tons, and then dropped dramatically in the following year.
In value terms, acetic acid imports stood at $43M in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 117%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Acetic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 7.4 | 5.6 | 16.3 | 15.1 | 26.8% |
| Germany | 2.4 | 2.1 | 6.1 | 6.0 | 35.7% |
| Netherlands | 1.8 | 1.3 | 3.6 | 5.2 | 42.4% |
| Austria | 2.0 | 2.1 | 2.7 | 3.8 | 23.9% |
| Spain | 0.1 | 0.3 | 2.7 | 3.8 | 236.2% |
| France | 0.3 | 0.3 | 0.7 | 2.4 | 100.0% |
| Russia | 3.5 | 1.5 | 0.6 | 1.4 | -26.3% |
| Switzerland | 1.8 | 1.2 | 1.6 | 1.1 | -15.1% |
| Denmark | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| United Kingdom | 0.9 | 0.5 | N/A | N/A | -44.4% |
| Serbia | 2.0 | 2.3 | 1.1 | N/A | -25.8% |
| Others | 0.4 | 0.5 | 3.4 | 3.2 | 100.0% |
| Total | 23.1 | 18.1 | 39.3 | 42.6 | 22.6% |
Top Suppliers of Acetic Acid to Italy in 2022:
- United Kingdom (undefinedK tons)
- Belgium (10.5K tons)
- Germany (5.6K tons)
- Netherlands (5.0K tons)
- Austria (3.0K tons)
- Spain (2.6K tons)
- France (2.2K tons)
- Russia (1.1K tons)
- Switzerland (0.8K tons)
- Denmark (0.7K tons)
Acetic Acid Exports in Italy
Acetic acid exports from Italy declined markedly to 2.8K tons in 2022, reducing by -27.3% on the previous year. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports reached the peak of 3.9K tons, and then shrank sharply in the following year.
In value terms, acetic acid exports shrank to $4.8M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 201%. As a result, the exports reached the peak of $5.5M, and then dropped in the following year.
| Export of Acetic Acid in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 922 | 647 | 1,130 | 1,083 | 5.5% |
| Switzerland | 326 | 176 | 596 | 931 | 41.9% |
| Brazil | 33.2 | 20.1 | 331 | 530 | 151.8% |
| Germany | 105 | 33.6 | 378 | 424 | 59.2% |
| Portugal | N/A | N/A | N/A | 309 | 0% |
| Turkey | 163 | 182 | 254 | 304 | 23.1% |
| Croatia | 124 | 108 | 113 | 204 | 18.1% |
| Austria | 400 | 226 | 943 | 193 | -21.6% |
| Poland | 142 | 128 | 103 | 129 | -3.1% |
| Others | 527 | 290 | 1,613 | 722 | 11.1% |
| Total | 2,743 | 1,811 | 5,461 | 4,830 | 20.8% |
Top Export Markets for Acetic Acid from Italy in 2022:
- France (836.7 tons)
- Switzerland (566.5 tons)
- Brazil (248.7 tons)
- Portugal (215.7 tons)
- Germany (191.4 tons)
- Turkey (142.2 tons)
- Croatia (136.9 tons)
- Austria (122.3 tons)
- Poland (35.8 tons)
This report provides an in-depth analysis of the acetic acid market in Italy. 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 20143271 - Acetic acid
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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