Italy - Salts Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salts of Acetic Acid in Italy - 2023
Contents:
- Price for Salts of Acetic Acid in Italy (CIF) - 2022
- Price for Salts of Acetic Acid in Italy (FOB) - 2022
- Imports of Salts of Acetic Acid in Italy
- Exports of Salts of Acetic Acid in Italy
Price for Salts of Acetic Acid in Italy (CIF) - 2022
In 2022, the average salts of acetic acid import price amounted to $2,142 per ton, rising by 25% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts of acetic acid import price increased by +89.9% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 28%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,989 per ton), while the price for India ($768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Salts of Acetic Acid in Italy (FOB) - 2022
The average salts of acetic acid export price stood at $2,878 per ton in 2022, increasing by 12% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,222 per ton), while the average price for exports to Russia ($1,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salts of Acetic Acid in Italy
Salts of acetic acid imports into Italy stood at 6.9K tons in 2022, picking up by 2.6% compared with the year before. Overall, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7%.
In value terms, salts of acetic acid imports surged to $15M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Salts of Acetic Acid in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1.8 | 2.3 | 3.5 | 4.4 | 34.7% |
Slovenia | 1.0 | 1.1 | 1.4 | 1.9 | 23.9% |
Belgium | 0.9 | 1.1 | 0.9 | 1.9 | 28.3% |
United Kingdom | 1.2 | 0.8 | 1.1 | 1.5 | 7.7% |
Germany | 1.4 | 1.4 | 1.9 | 1.4 | 0.0% |
India | 0.4 | 0.3 | 0.4 | 0.8 | 26.0% |
China | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
France | 0.7 | 0.2 | 0.1 | 0.2 | -34.1% |
Others | 0.3 | 0.5 | 1.5 | 2.0 | 88.2% |
Total | 8.7 | 8.4 | 11.6 | 14.8 | 19.4% |
Top Suppliers of Salts of Acetic Acid to Italy in 2022:
- Slovenia (1823.8 tons)
- Netherlands (1447.1 tons)
- India (1057.0 tons)
- Belgium (911.8 tons)
- United Kingdom (465.6 tons)
- China (392.3 tons)
- Germany (288.6 tons)
- France (52.6 tons)
Exports of Salts of Acetic Acid in Italy
In 2022, exports of salts of acetic acid from Italy was estimated at 817 tons, surging by 14% against 2021. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +49.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, salts of acetic acid exports surged to $2.3M in 2022. Overall, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 62%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Salts of Acetic Acid in Italy (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 512 | 242 | 349 | 577 | 4.1% |
Spain | 139 | 255 | 280 | 419 | 44.5% |
France | 231 | 297 | 392 | 340 | 13.8% |
United States | 5.1 | N/A | 189 | 179 | 227.4% |
Switzerland | 49.8 | 33.4 | 69.1 | 73.4 | 13.8% |
Slovenia | 8.1 | 12.2 | 10.0 | 72.5 | 107.6% |
Sweden | 16.8 | 11.3 | 19.3 | 68.2 | 59.5% |
Portugal | 34.3 | 24.3 | 86.7 | 61.1 | 21.2% |
Peru | N/A | N/A | 44.5 | 50.0 | 12.4% |
Russia | N/A | 11.4 | 1.5 | 44.4 | 97.4% |
Egypt | 2.6 | N/A | N/A | 36.2 | 140.6% |
Poland | 72.2 | 64.3 | 16.3 | 22.3 | -32.4% |
Romania | 25.4 | 10.4 | 18.3 | 19.8 | -8.0% |
Others | 324 | 171 | 362 | 387 | 6.1% |
Total | 1,421 | 1,133 | 1,837 | 2,350 | 18.3% |
Top Export Markets for Salts of Acetic Acid from Italy in 2022:
- Spain (299.2 tons)
- France (131.1 tons)
- Germany (56.4 tons)
- Russia (43.0 tons)
- Portugal (36.6 tons)
- United States (36.6 tons)
- Peru (31.9 tons)
- Switzerland (24.7 tons)
- Sweden (21.1 tons)
- Slovenia (19.3 tons)
- Egypt (16.4 tons)
- Romania (15.5 tons)
- Poland (8.4 tons)
This report provides an in-depth analysis of the market for salts of acetic acid 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 20143278 - Salts of acetic acid
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Imports of Salts of Acetic Acid witnessed a notable decline, reaching a value of $864K in June 2023.
In December of 2022, the price of ethyl acetate was $1,338 per ton (CIF, Italy), a decrease of 3.2% from the previous month.
The price of Acetic Anhydride reached $1,479 per ton (CIF, Italy) in April 2023, similar to the previous month.
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