Ireland - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Ireland - 2023
Contents:
- Acetone Price in Ireland (CIF) - 2022
- Acetone Price in Ireland (FOB) - 2022
- Acetone Imports in Ireland
- Acetone Exports in Ireland
Acetone Price in Ireland (CIF) - 2022
The average acetone import price stood at $2,206 per ton in 2021, with an increase of 43% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acetone import price increased by +81.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the UK ($2,219 per ton) and Germany ($2,086 per ton), while the price for Belgium ($1,615 per ton) and Spain ($1,960 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetone Price in Ireland (FOB) - 2022
In 2021, the average acetone export price amounted to $2,537 per ton, with an increase of 8.2% against the previous year. In general, the export price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 an increase of 111%. Over the period under review, the average export prices hit record highs at $3,602 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,764 per ton), while the average price for exports to Germany ($1,074 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.0%), while the prices for the other major destinations experienced a decline.
Acetone Imports in Ireland
In 2022, purchases abroad of acetone increased by 35% to 4.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment.
In value terms, acetone imports expanded notably to $7.8M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $8.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Acetone in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 1.1 | 2.7 | 4.4 | 100.0% | |
| United Kingdom | 2.9 | 3.0 | 1.6 | -25.7% | |
| Belgium | 0.6 | 1.6 | 0.2 | -42.3% | |
| Spain | N/A | N/A | 0.2 | 0% | |
| Finland | 0.2 | 0.3 | N/A | 50.0% | |
| Others | 2.7 | 0.8 | 0.7 | -49.1% | |
| Total | 7.5 | 8.4 | 7.1 | -2.7% | |
Top Suppliers of Acetone to Ireland in 2022:
- Germany (2114.4 tons)
- United Kingdom (719.4 tons)
- Belgium (122.0 tons)
- Spain (119.9 tons)
Acetone Exports in Ireland
In 2022, the amount of acetone exported from Ireland shrank sharply to 101 tons, with a decrease of -23.5% on 2021 figures. Over the period under review, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 88% against the previous year.
In value terms, acetone exports contracted dramatically to $250K in 2022. Overall, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 104%. As a result, the exports attained the peak of $335K, and then plummeted in the following year.
| Export of Acetone in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 143 | 108 | 230 | 26.8% | |
| Spain | N/A | N/A | 101 | 0% | |
| Germany | 125 | 34.4 | 0.1 | -97.2% | |
| Others | 0.2 | 22.1 | 3.7 | 330.1% | |
| Total | 267 | 164 | 335 | 12.0% | |
Top Export Markets for Acetone from Ireland in 2022:
- United Kingdom (83.3 tons)
- Spain (47.9 tons)
- Germany (0.1 tons)
This report provides an in-depth analysis of the acetone market in Ireland. 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 20146211 - Acetone
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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