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EU - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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EU: Acetone Market Overview 2021

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Acetone Market Size in the EU

In 2019, the EU acetone market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a perceptible shrinkage. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a lower figure.

Acetone Production in the EU

In value terms, acetone production fell notably to $X in 2019 estimated in export prices. Overall, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth remained at a somewhat lower figure.

Production By Country in the EU

Spain (X tonnes) remains the largest acetone producing country in the European Union, comprising approx. X% of total volume. Moreover, acetone production in Spain exceeded the figures recorded by the second-largest producer, Belgium (X tonnes), twofold. Finland (X tonnes) ranked third in terms of total production with a X% share.

In Spain, acetone production increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Belgium (-X% per year) and Finland (+X% per year).

Acetone Exports

Exports in the EU

In 2019, shipments abroad of acetone decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Total exports indicated a pronounced expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then contracted in the following year.

In value terms, acetone exports shrank markedly to $X in 2019. Total exports indicated a slight increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, Belgium (X tonnes) and Spain (X tonnes) were the key exporters of acetone in the European Union, together constituting X% of total exports. Finland (X tonnes) took the next position in the ranking, followed by Germany (X tonnes). All these countries together occupied approx. X% share of total exports. The Netherlands (X tonnes), Italy (X tonnes) and France (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Italy, 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 ($X), Spain ($X) and Finland ($X), together accounting for X% of total exports. Germany, the Netherlands, Italy and France lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The acetone export price in the European Union stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, major exporting countries recorded the following prices: in Spain ($X per tonne) and Germany ($X per tonne), while the Netherlands ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the export price figures.

Acetone Imports

Imports in the EU

In 2019, supplies from abroad of acetone decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Total imports indicated modest growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, acetone imports fell markedly to $X in 2019. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.

Imports by Country

Belgium represented the key importer of acetone in the European Union, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Germany (X tonnes), the Netherlands (X tonnes), the UK (X tonnes), Italy (X tonnes) and France (X tonnes), together creating a X% share of total imports.

Belgium was also the fastest-growing in terms of the acetone imports, with a CAGR of +X% from 2007 to 2019. At the same time, Italy (+X%) and France (+X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the UK (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Belgium and Italy increased by +X% and +X% percentage points, while Germany (-X p.p.), the UK (-X p.p.) and the Netherlands (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported acetone in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In Belgium, acetone imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2019, the acetone import price in the European Union amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Belgium ($X per tonne) and Germany ($X per tonne), while Italy ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetone in the the EU?
+
The countries with the highest volumes of acetone consumption in 2019 were Italy (115K tonnes), the UK (107K tonnes) and Germany (89K tonnes), together comprising 50% of total consumption. The Netherlands, France, Spain and Poland lagged somewhat behind, together accounting for a further 37%.
What are the largest producers of acetone in the the EU?
+
Spain (408K tonnes) constituted the country with the largest volume of acetone production, comprising approx. 43% of total volume. Moreover, acetone production in Spain exceeded the figures recorded by the second-largest producer, Belgium (169K tonnes), twofold. The third position in this ranking was occupied by Finland (145K tonnes), with a 15% share.
What are the leading exporters of acetone in the the EU?
+
In value terms, the largest acetone supplying countries in the European Union were Belgium ($316M), Spain ($279M) and Finland ($94M), with a combined 79% share of total exports. These countries were followed by Germany, the Netherlands, Italy and France, which together accounted for a further 18%.
What are the leading importers of acetone in the the EU?
+
In value terms, Belgium ($258M) constitutes the largest market for imported acetone in the European Union, comprising 39% of total imports. The second position in the ranking was occupied by Germany ($108M), with a 16% share of total imports. It was followed by the Netherlands, with a 13% share.
What is the average export price for acetone in the the EU?
+
In 2019, the acetone export price in the European Union amounted to $674 per tonne, with a decrease of -17.3% against the previous year.
What is the average import price for acetone in the the EU?
+
The acetone import price in the European Union stood at $697 per tonne in 2019, dropping by -11.9% against the previous year.

Product coverage:
• Prodcom 20146211 - Acetone

This report provides an in-depth analysis of the acetone market in the EU. 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 2025.



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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
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 2007–2020
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

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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