Acetone Market

Acetone market: discover newly released datasets provided by an Ai-driven business intelligence platform. Information contain market prices, market size, exports, consumption, companies, trade, imports, and production. Here is a breakdown by region, including Latin America, China, the U.K., the U.S., Russia, EU, Africa, and the Middle East. Market insights and forecast to 2030 are also featured in the reports.


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Acetone - World's Largest Markets

RatingCountry
1China
2United States
3Spain
4Italy
5United Kingdom

In value terms, China, the United States and Spain constituted the countries with the highest levels of market value in 2021, together accounting for 45% of the global market. These countries were followed by Italy, the UK, the Netherlands, Germany, India, Japan, Brazil, Mexico, Switzerland and South Korea, which together accounted for a further 45%.

Among the main consuming countries, the Netherlands saw the highest rates of growth with regard to market size, over the period under review, while acetone market for the other global leaders experienced more modest paces of growth.

Acetone Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Mexico841845157-56.8%
Taiwan (Chinese)39969854316.7%
South Korea40271355617.6%
Saudi Arabia4786725658.7%
Singapore46568257110.8%
Finland651n/a6510.0%
Russia56441470011.4%
Spain739n/a7390.0%
Thailand52375791232.1%
Belgium631652105129.1%
Netherlands591795126946.5%
Germany702801128135.1%
China50413974797208.5%
Average55670389126.6%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($4,797 per ton), while Mexico ($157 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by China (+208.5% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Italy607892159662.2%
Brazil622845154857.8%
Turkey407556124074.5%
Thailand592788114539.1%
Germany701680105222.5%
Switzerland757768101515.8%
Netherlands68777598920.0%
Belgium74163494012.6%
United Kingdom68467787513.1%
Mexico57757770610.6%
India49967469417.9%
China42975558416.7%
Average57173489124.9%

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($1,596 per ton), while China ($584 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+74.5% per year), while the other global leaders experienced more modest paces of growth.

Acetone - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
China0.30.50.414.0%
Belgium0.080.20.394.9%
Germany0.10.090.242.8%
Netherlands0.090.10.250.8%
United Kingdom0.080.080.136.1%

In value terms, the largest acetone importing markets worldwide were China ($434M), Belgium ($296M) and Germany ($221M), together accounting for 43% of global imports. These countries were followed by the Netherlands, the UK, Brazil, India, Italy, Switzerland, Mexico, Thailand and Turkey, which together accounted for a further 41%.

Among the main importing countries, Brazil (+226.2% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Acetone - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Belgium0.20.30.696.3%
China0.0010795780.0003455920.31479.5%
Thailand0.080.20.255.6%
Taiwan (Chinese)0.10.20.114.8%
South Korea0.090.20.116.7%

In value terms, Belgium ($619M) remains the largest acetone supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by China ($269M), with a 12% share of global exports. It was followed by Thailand, with a 9.1% share.

From 2019 to 2021, the average annual growth rate of value in Belgium stood at +96.3%. In the other countries, the average annual rates were as follows: China (+1,479.5% per year) and Thailand (+55.6% per year).

Acetone - Market Forecast

Depressed by shrinking demand for acetone worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Acetone - Product Coverage

  • HS 291411 - Ketones; acyclic, without other oxygen function, acetone
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World - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global acetone market.

Middle East - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in the Middle East.

Latin America and the Caribbean - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Latin America and the Caribbean.

Africa - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Africa.

Australia and Oceania - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Australia and Oceania.

South-Eastern Asia - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in South-Eastern Asia.

Central Asia - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Central Asia.

Southern Asia - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Southern Asia.

Eastern Asia - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Eastern Asia.

Northern America - Acetone - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the acetone market in Northern America.

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