Italy - Esters Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 15, 2024

Italy - Esters Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights

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Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy - 2023

Contents:

  1. Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (CIF) - 2022
  2. Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (FOB) - 2023
  3. Imports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy
  4. Exports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy

Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (CIF) - 2022

The average import price for esters of acetic acid (excluding ethyl acetate) stood at $2,179 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 105% against the previous year. As a result, import price reached the peak level of $2,196 per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($3,451 per ton), while the price for the UK ($1,305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (FOB) - 2023

In September 2023, the average export price for esters of acetic acid (excluding ethyl acetate) amounted to $2,746 per ton, with an increase of 12% against the previous month. Overall, the export price, however, continues to indicate a perceptible reduction. Over the period under review, the average export prices reached the peak figure at $3,587 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Japan ($5,071 per ton), while the average price for exports to Portugal ($641 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy

Imports of esters of acetic acid (excluding ethyl acetate) into Italy fell to 140K tons in 2022, waning by -8.8% against the year before. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 6%.

In value terms, imports of esters of acetic acid (excluding ethyl acetate) shrank to $305M in 2022. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 117%. As a result, imports reached the peak of $338M, and then fell in the following year.

Import of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany47.547.293.579.018.5%
Belgium38.931.981.075.024.5%
Saudi Arabia15.511.731.844.542.1%
China14.217.320.620.813.6%
United States25.813.916.818.1-11.1%
France12.411.121.917.712.6%
Netherlands7.86.117.810.39.7%
Spain5.04.69.38.217.9%
United Kingdom2.32.52.97.347.0%
Poland5.84.08.77.06.5%
Taiwan (Chinese)N/AN/AN/A6.50%
Singapore2.33.821.85.130.4%
Others0.81.211.55.893.5%
Total17815533830519.7%

Top Suppliers of Esters of Acetic Acid (Excluding Ethyl Acetate) to Italy in 2022:

  1. Germany (37.2K tons)
  2. Belgium (35.3K tons)
  3. Saudi Arabia (20.1K tons)
  4. United States (11.1K tons)
  5. China (6.9K tons)
  6. United Kingdom (5.6K tons)
  7. France (5.5K tons)
  8. Netherlands (3.9K tons)
  9. Poland (3.5K tons)
  10. Singapore (3.1K tons)
  11. Taiwan (Chinese) (2.5K tons)
  12. Spain (2.4K tons)

Exports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy

In 2022, approx. 7K tons of esters of acetic acid (excluding ethyl acetate) were exported from Italy; dropping by -12.3% compared with the previous year's figure. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.8%.

In value terms, exports of esters of acetic acid (excluding ethyl acetate) rose rapidly to $24M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Esters of Acetic Acid (Excluding Ethyl Acetate) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia0.30.41.04.6148.4%
Belgium3.01.82.33.22.2%
France0.91.11.12.540.6%
Japan1.61.41.81.72.0%
Turkey0.20.20.91.6100.0%
Bulgaria0.30.50.91.363.0%
Germany1.81.31.51.2-12.6%
Spain0.50.70.80.817.0%
Switzerland0.60.30.60.810.1%
Poland1.01.10.60.3-33.1%
SwedenN/AN/AN/A0.30%
United Kingdom0.40.50.20.3-9.1%
Austria1.21.23.50.2-45.0%
Others5.24.46.14.7-3.3%
Total16.914.721.223.511.6%

Top Export Markets for Esters of Acetic Acid (Excluding Ethyl Acetate) from Italy in 2022:

  1. Slovenia (1837.8 tons)
  2. Belgium (935.6 tons)
  3. France (586.1 tons)
  4. Turkey (491.3 tons)
  5. Japan (357.2 tons)
  6. Austria (343.2 tons)
  7. Bulgaria (312.7 tons)
  8. Spain (298.4 tons)
  9. Germany (283.1 tons)
  10. Sweden (250.7 tons)
  11. Switzerland (229.2 tons)
  12. United Kingdom (69.8 tons)
  13. Poland (54.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) 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 20143219 - Esters of acetic acid (excluding ethyl acetate)

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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Free Data: Esters Of Acetic Acid (excluding Ethyl Acetate) - Italy