
India - Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights
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India: Acetic Acid Market 2022
Acetic Acid Exports
Exports from India
In 2021, overseas shipments of acetic acid were finally on the rise to reach X tonnes for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, acetic acid exports soared to $X in 2021. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Spain (X tonnes), Belgium (X tonnes) and the United States (X tonnes) were the main destinations of acetic acid exports from India, with a combined X% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (+X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for acetic acid exported from India were Spain ($X), Belgium ($X) and the United States ($X), together accounting for X% of total exports.
Belgium, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average acetic acid export price stood at $X per tonne in 2021, growing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Egypt ($X per tonne), while the average price for exports to Tanzania ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Acetic Acid Imports
Imports into India
In 2021, approx. X tonnes of acetic acid were imported into India; jumping by X% against the previous year. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, acetic acid imports surged to $X in 2021. Overall, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
China (X tonnes), Malaysia (X tonnes) and Singapore (X tonnes) were the main suppliers of acetic acid imports to India, with a combined X% share of total imports.
From 2012 to 2021, the biggest increases were in China (+X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest acetic acid suppliers to India were China ($X), Malaysia ($X) and Singapore ($X), together comprising X% of total imports.
China, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average acetic acid import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2019 to 2021, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Taiwan (Chinese) ($X per tonne) and Singapore ($X per tonne), while the price for Saudi Arabia ($X per tonne) and China ($X per tonne) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the acetic acid market in India. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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