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Ireland - Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Acid Price in Ireland - 2023
Contents:
- Acetic Acid Price in Ireland (CIF) - 2022
- Acetic Acid Price in Ireland (FOB) - 2022
- Acetic Acid Imports in Ireland
- Acetic Acid Exports in Ireland
Acetic Acid Price in Ireland (CIF) - 2022
In 2022, the average acetic acid import price amounted to $3,821 per ton, rising by 143% against the previous year. In general, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($44,400 per ton), while the price for Norway ($648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Acid Price in Ireland (FOB) - 2022
The average acetic acid export price stood at $1,051 per ton in 2022, falling by -34.8% against the previous year. Over the period under review, the export price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 135% against the previous year. Over the period under review, the average export prices hit record highs at $1,613 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,312 per ton), while the average price for exports to the United States ($320 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 the Netherlands (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Acetic Acid Imports in Ireland
In 2022, supplies from abroad of acetic acid decreased by -50.5% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, imports reached the peak of 2.5K tons, and then shrank remarkably in the following year.
In value terms, acetic acid imports soared to $4.7M in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Acetic Acid in Ireland (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 693 | 1,122 | 353 | 1,902 | 40.0% |
Netherlands | 43.7 | 78.1 | 155 | 936 | 177.7% |
United Kingdom | 455 | 386 | 1,011 | 818 | 21.6% |
Belgium | 208 | 158 | 1,184 | 397 | 24.0% |
Germany | 348 | 256 | 618 | 326 | -2.2% |
China | 20.8 | 18.1 | 164 | 130 | 84.2% |
India | 99.4 | 116 | 248 | 100 | 0.2% |
Norway | 30.7 | 14.5 | 27.6 | 17.7 | -16.8% |
Others | 27.1 | 63.2 | 108 | 25.6 | -1.9% |
Total | 1,926 | 2,213 | 3,869 | 4,653 | 34.2% |
Top Suppliers of Acetic Acid to Ireland in 2022:
- United Kingdom (447.8 tons)
- Belgium (245.5 tons)
- United States (181.6 tons)
- Netherlands (116.6 tons)
- China (79.5 tons)
- Germany (74.2 tons)
- India (36.5 tons)
- Norway (27.4 tons)
Acetic Acid Exports in Ireland
In 2022, approx. 176 tons of acetic acid were exported from Ireland; falling by -3.1% on 2021. Overall, exports continue to indicate a abrupt shrinkage.
In value terms, acetic acid exports fell markedly to $185K in 2022. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $292K, and then shrank notably in the following year.
Export of Acetic Acid in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 201 | 101 | 232 | 131 | -13.3% |
Italy | 0.7 | 4.5 | 0.9 | 41.8 | 290.9% |
Germany | 8.4 | 6.1 | 2.9 | 11.0 | 9.4% |
France | 10.3 | 21.6 | 21.2 | 0.3 | -69.2% |
United States | 6.7 | 38.0 | 3.2 | 0.2 | -69.0% |
Netherlands | 2.2 | 1.5 | 1.2 | N/A | -26.1% |
Others | 44.5 | 29.0 | 31.1 | 0.1 | -86.9% |
Total | 274 | 202 | 292 | 185 | -12.3% |
Top Export Markets for Acetic Acid from Ireland in 2022:
- United Kingdom (100.1 tons)
- Italy (62.8 tons)
- Germany (11.8 tons)
- United States (0.6 tons)
- France (0.3 tons)
This report provides an in-depth analysis of the acetic acid market in Ireland. 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 20143271 - Acetic acid
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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
-
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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