Report Eastern Europe - Acrylic Acid and Its Salts and Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 26, 2022

Eastern Europe - Acrylic Acid and Its Salts and Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Europe: Monocarboxylic Acid Market 2022

Monocarboxylic Acid Market Size in Eastern Europe

In 2021, the East European monocarboxylic acid market was finally on the rise to reach $X after two years of decline. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Monocarboxylic Acid Production in Eastern Europe

In value terms, monocarboxylic acid production rose rapidly to $X in 2021 estimated in export price. The total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Production By Country in Eastern Europe

Russia (X tons) remains the largest monocarboxylic acid producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, monocarboxylic acid production in Russia exceeded the figures recorded by the second-largest producer, Poland (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual growth rate of volume in Russia amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Poland (+X% per year) and the Czech Republic (+X% per year).

Monocarboxylic Acid Exports

Exports in Eastern Europe

In 2021, exports of acrylic acid and its salts and other monocarboxylic acid in Eastern Europe totaled X tons, approximately equating 2020. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, monocarboxylic acid exports surged to $X in 2021. Overall, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) and the Czech Republic (X tons) dominates exports structure, together creating X% of total exports. It was distantly followed by Poland (X tons), making up a X% share of total exports.

From 2012 to 2021, the biggest increases were in Russia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest monocarboxylic acid supplying countries in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Russia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a noticeable downturn. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-X%), while the other leaders experienced a decline in the export price figures.

Monocarboxylic Acid Imports

Imports in Eastern Europe

Monocarboxylic acid imports rose remarkably to X tons in 2021, surging by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, monocarboxylic acid imports skyrocketed to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Russia represented the major importer of acrylic acid and its salts and other monocarboxylic acid in Eastern Europe, with the volume of imports amounting to X tons, which was near X% of total imports in 2021. Poland (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%), Bulgaria (X%) and Ukraine (X%). The following importers - the Czech Republic (X tons) and Romania (X tons) - each reached a X% share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Hungary (+X%), Ukraine (+X%), Romania (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. The Czech Republic and Bulgaria experienced a relatively flat trend pattern. Russia (+X p.p.) and Hungary (+X p.p.) significantly strengthened its position in terms of the total imports, while Bulgaria saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest monocarboxylic acid importing markets in Eastern Europe were Russia ($X), Poland ($X) and Bulgaria ($X), with a combined X% share of total imports. Hungary, Ukraine, the Czech Republic and Romania lagged somewhat behind, together accounting for a further X terms of the main importing countries, Hungary, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by X% against the previous year. Import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, monocarboxylic acid import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bulgaria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
Russia remains the largest monocarboxylic acid consuming country in Eastern Europe, comprising approx. 63% of total volume. Moreover, monocarboxylic acid consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland, threefold. The third position in this ranking was occupied by the Czech Republic, with an 8.4% share.
What are the largest producers of acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
Russia constituted the country with the largest volume of monocarboxylic acid production, accounting for 62% of total volume. Moreover, monocarboxylic acid production in Russia exceeded the figures recorded by the second-largest producer, Poland, threefold. The third position in this ranking was occupied by the Czech Republic, with a 13% share.
What are the leading exporters of acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
In value terms, the largest monocarboxylic acid supplying countries in Eastern Europe were the Czech Republic, Russia and Poland, with a combined 93% share of total exports.
What are the leading importers of acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
In value terms, the largest monocarboxylic acid importing markets in Eastern Europe were Russia, Poland and Bulgaria, together accounting for 75% of total imports. These countries were followed by Hungary, Ukraine, the Czech Republic and Romania, which together accounted for a further 20%.
What is the average export price for acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
The export price in Eastern Europe stood at $1,759 per ton in 2021, rising by 55% against the previous year.
What is the average import price for acrylic acid and its salts and other monocarboxylic acid in Eastern Europe?
+
The import price in Eastern Europe stood at $5,248 per ton in 2021, rising by 5.8% against the previous year.

This report provides an in-depth analysis of the monocarboxylic acid market in Eastern Europe. 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 20143310 - Acrylic acid and its salts and other monocarboxylic acid
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Europe, split by region and country
• Trade (exports and imports) in Eastern Europe
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Belarus
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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