Belgium - Acetic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Anhydride Price in Belgium - 2023
Contents:
- Acetic Anhydride Price in Belgium (CIF) - 2023
- Acetic Anhydride Price in Belgium (FOB) - 2023
- Acetic Anhydride Imports in Belgium
- Acetic Anhydride Exports in Belgium
Acetic Anhydride Price in Belgium (CIF) - 2023
In June 2023, the average acetic anhydride import price amounted to $1,061 per ton, approximately equating the previous month. Overall, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in October 2022 an increase of 26% m-o-m. The import price peaked at $1,501 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,482 per ton), while the price for the UK ($822 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Anhydride Price in Belgium (FOB) - 2023
The average acetic anhydride export price stood at $1,435 per ton in June 2023, surging by 2.2% against the previous month. Overall, the export price, however, showed a mild decline. The growth pace was the most rapid in September 2022 when the average export price increased by 9.7% month-to-month. The export price peaked at $1,718 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Denmark ($1,650 per ton) and the Netherlands ($1,522 per ton), while the average price for exports to Italy ($1,297 per ton) and Germany ($1,341 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.
Acetic Anhydride Imports in Belgium
In 2022, supplies from abroad of acetic anhydride decreased by -1.8% to 140K tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 123%. As a result, imports attained the peak of 150K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, acetic anhydride imports stood at $121M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 41%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Acetic Anhydride in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 34.3 | 44.0 | 53.6 | 49.3 | 12.9% |
India | 11.0 | 23.7 | 42.8 | 41.0 | 55.0% |
United Kingdom | 8.3 | 11.8 | N/A | 23.3 | 41.1% |
Germany | 1.6 | 1.7 | 2.6 | 3.0 | 23.3% |
Others | 3.8 | 2.0 | 7.0 | 4.6 | 6.6% |
Total | 58.9 | 83.3 | 106 | 121 | 27.1% |
Top Suppliers of Acetic Anhydride to Belgium in 2022:
- Mexico (72.0K tons)
- United Kingdom (30.5K tons)
- India (29.9K tons)
- Germany (3.1K tons)
Acetic Anhydride Exports in Belgium
Acetic anhydride exports from Belgium soared to 93K tons in 2022, picking up by 65% on the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 555%. As a result, the exports reached the peak of 129K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, acetic anhydride exports skyrocketed to $153M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 472% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Acetic Anhydride in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.6 | 41.0 | 23.4 | 51.9 | 82.1% |
Netherlands | 3.6 | 12.9 | 10.9 | 26.2 | 93.8% |
Switzerland | 0.8 | 4.0 | 9.1 | 18.4 | 184.4% |
France | 4.0 | 10.4 | 4.6 | 14.9 | 55.0% |
Denmark | 0.1 | 19.4 | 15.2 | 12.6 | 401.3% |
Spain | 0.3 | 18.1 | 8.2 | 9.3 | 214.1% |
Italy | 0.6 | 4.9 | 3.9 | 8.2 | 139.1% |
Others | 2.9 | 9.1 | 7.3 | 11.6 | 58.7% |
Total | 21.0 | 120 | 82.7 | 153 | 93.9% |
Top Export Markets for Acetic Anhydride from Belgium in 2022:
- Germany (32.3K tons)
- Netherlands (15.8K tons)
- Switzerland (10.9K tons)
- France (9.0K tons)
- Denmark (7.8K tons)
- Spain (6.0K tons)
- Italy (4.5K tons)
This report provides an in-depth analysis of the acetic anhydride market in Belgium. 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 20143277 - Acetic anhydride
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
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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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