EU: Acetone Market 2024

Acetone Market Size in the EU

In 2022, the EU acetone market increased by X% to $X, rising for the fifth year in a row after three years of decline. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Acetone Production in the EU

In value terms, acetone production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Acetone Exports

Exports in the EU

In 2022, exports of acetone in the European Union declined markedly to X tons, dropping by X% compared with the previous year's figure. In general, exports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, acetone exports dropped sharply to $X in 2022. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Belgium (X tons), Germany (X tons) and the Netherlands (X tons) was the largest exporter of acetone in the European Union, committing X% of total export. It was distantly followed by Italy (X tons) and France (X tons), together making up a X% share of total exports. Poland (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest acetone supplying countries in the European Union were Belgium ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports.

In terms of the main exporting countries, the Netherlands, 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

The export price in the European Union stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in France ($X per ton) and Belgium ($X per ton), while Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Acetone Imports

Imports in the EU

Acetone imports fell rapidly to X tons in 2022, with a decrease of X% against 2021. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, acetone imports declined sharply to $X in 2022. Over the period under review, imports saw a perceptible reduction. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons) and France (X tons) represented roughly X% of total imports in 2022. The following importers - Austria (X tons), Spain (X tons), the Czech Republic (X tons), Poland (X tons) and Hungary (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acetone importing markets in the European Union were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total imports. Italy, France, Austria, Spain, Poland, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of 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 the European Union stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and Poland ($X per ton), while the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, 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

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