Russian Federation - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthyl Acetate Price in Russia - 2022
Contents:
- Ethyl Acetate Price in Russia (CIF) - 2022
- Ethyl Acetate Price in Russia (FOB) - 2022
- Ethyl Acetate Imports in Russia
- Ethyl Acetate Exports in Russia
Ethyl Acetate Price in Russia (CIF) - 2022
The average ethyl acetate import price stood at $1,743 per ton in January 2022, with a decrease of -16.1% against the previous month. Over the period under review, import price indicated a measured expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, ethyl acetate import price decreased by -16.1% against December 2021 indices. The growth pace was the most rapid in December 2021 an increase of 18% month-to-month. As a result, import price attained the peak level of $2,078 per ton, and then reduced markedly in the following month.
Average prices varied somewhat amongst the major supplying countries. In January 2022, the highest price was recorded for prices from India ($1,995 per ton) and the UK ($1,863 per ton), while the price for Uzbekistan ($1,487 per ton) and China ($1,515 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Price in Russia (FOB) - 2022
In January 2022, the average ethyl acetate export price amounted to $2,115 per ton, with an increase of 2.3% against the previous month. In general, export price indicated a moderate expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, ethyl acetate export price decreased by -7.8% against November 2021 indices. The pace of growth was the most pronounced in March 2021 when the average export price increased by 89% month-to-month. The export price peaked at $2,294 per ton in November 2021; however, from December 2021 to January 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($3,168 per ton), while the average price for exports to Belarus ($1,852 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ethyl Acetate Imports in Russia
After two years of decline, purchases abroad of ethyl acetate increased by 5.5% to 8K tons in 2022. Overall, imports, however, faced a sharp setback.
In value terms, ethyl acetate imports declined rapidly to $9.5M in 2022. In general, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year.
Import of Ethyl Acetate in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 2.1 | 1.2 | 2.3 | 3.0 | 12.6% |
China | 2.3 | 0.6 | 0.3 | 2.5 | 2.8% |
India | 9.6 | 4.9 | 6.0 | 1.8 | -42.8% |
Uzbekistan | N/A | N/A | 0.1 | 1.7 | 1600.0% |
South Africa | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
Ukraine | 0.9 | 0.2 | 0.2 | N/A | -52.9% |
Brazil | N/A | 0.3 | 1.1 | N/A | 266.7% |
Others | 0.5 | 0.4 | 0.9 | 0.4 | -7.2% |
Total | 15.7 | 7.8 | 11.2 | 9.5 | -15.4% |
Top Suppliers of Ethyl Acetate to Russia in 2022:
- China (2.5K tons)
- United Kingdom (2.4K tons)
- Uzbekistan (1.7K tons)
- India (1.3K tons)
Ethyl Acetate Exports in Russia
In 2022, shipments abroad of ethyl acetate decreased by -5.6% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 304%.
In value terms, ethyl acetate exports contracted notably to $4.4M in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 228% against the previous year.
Export of Ethyl Acetate in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 65.3 | 1,504 | 2,783 | 2,007 | 213.2% |
Poland | N/A | N/A | 230 | 1,088 | 373.0% |
Mongolia | 0.5 | 15.6 | 0.1 | 817 | 1077.8% |
Kazakhstan | 623 | 786 | 1,300 | 354 | -17.2% |
Georgia | 5.5 | 20.5 | 8.6 | 105 | 167.3% |
Ukraine | 110 | 132 | 1,193 | 36.1 | -31.0% |
Uzbekistan | 10.7 | 478 | 239 | N/A | 372.6% |
Others | 99.1 | 66.5 | 62.4 | 0.7 | -80.8% |
Total | 914 | 3,002 | 5,815 | 4,409 | 69.0% |
Top Export Markets for Ethyl Acetate from Russia in 2022:
- Belarus (1533.0 tons)
- Poland (735.5 tons)
- Mongolia (401.2 tons)
- Kazakhstan (206.9 tons)
- Georgia (46.9 tons)
- Ukraine (25.4 tons)
This report provides an in-depth analysis of the ethyl acetate market in the Russian Federation. 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 20143215 - Ethyl acetate
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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