Italy - Acetone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Italy - Acetone - Market Analysis, Forecast, Size, Trends And Insights

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Acetone Price in Italy - 2023

Contents:

  1. Acetone Price in Italy (CIF) - 2023
  2. Acetone Price in Italy (FOB) - 2023
  3. Acetone Imports in Italy
  4. Acetone Exports in Italy

Acetone Price in Italy (CIF) - 2023

In May 2023, the average acetone import price amounted to $1,229 per ton, shrinking by -7.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 40% month-to-month. Over the period under review, average import prices attained the peak figure at $1,330 per ton in April 2023, and then shrank in the following month.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the countries with the highest prices were Belgium ($1,367 per ton) and Poland ($1,337 per ton), while the price for Spain ($1,005 per ton) and the Netherlands ($1,252 per ton) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Acetone Price in Italy (FOB) - 2023

The average acetone export price stood at $1,040 per ton in June 2023, reducing by -10.4% against the previous month. In general, the export price showed a mild contraction. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the maximum at $1,243 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In June 2023, the countries with the highest prices were Croatia ($1,107 per ton) and France ($1,090 per ton), while the average price for exports to Germany ($956 per ton) and Slovenia ($1,010 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 Bulgaria (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Acetone Imports in Italy

Acetone imports into Italy fell to 52K tons in 2022, which is down by -6.5% against 2021 figures. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.

In value terms, acetone imports declined markedly to $58M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of $73M, and then fell dramatically in the following year.

Import of Acetone in Italy (Million USD)
COUNTRY201920202021CAGR,
2019-2021
France9.85.220.343.9%
Belgium6.813.313.339.9%
Spain5.68.313.253.5%
Germany12.410.212.71.2%
Netherlands1.12.96.1135.5%
Poland1.52.24.980.7%
Saudi Arabia6.30.4N/A-93.7%
Others0.71.02.796.4%
Total44.143.473.328.9%

Top Suppliers of Acetone to Italy in 2022:

  1. France (15.4K tons)
  2. Spain (10.4K tons)
  3. Germany (9.6K tons)
  4. Belgium (9.2K tons)
  5. Netherlands (5.0K tons)
  6. Poland (3.9K tons)

Acetone Exports in Italy

In 2022, after two years of decline, there was significant growth in overseas shipments of acetone, when their volume increased by 8.1% to 24K tons. Over the period under review, exports, however, recorded a abrupt shrinkage.

In value terms, acetone exports fell to $23M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of $26M, and then fell in the following year.

Export of Acetone in Italy (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Switzerland7.88.811.320.4%
Germany0.82.34.8144.9%
Spain1.02.62.970.3%
France12.12.72.5-54.5%
Slovenia0.20.50.787.1%
Croatia0.20.30.558.1%
Romania0.20.20.322.5%
Others1.12.72.653.7%
Total23.420.125.64.6%

Top Export Markets for Acetone from Italy in 2022:

  1. Switzerland (10.3K tons)
  2. Germany (4.2K tons)
  3. Spain (2.4K tons)
  4. France (2.0K tons)
  5. Slovenia (0.5K tons)
  6. Romania (0.4K tons)
  7. Croatia (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the acetone 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 20146211 - Acetone

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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