![Nigeria - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/nigeria-ethyl-acetate-market-analysis-forecast-size-trends-and-insights.webp)
Nigeria - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingEthyl Acetate Price in Nigeria - 2022
Contents:
Ethyl Acetate Price in Nigeria (CIF) - 2022
The average ethyl acetate import price stood at $1,904 per ton in June 2022, approximately reflecting the previous month. Overall, import price indicated a noticeable expansion from June 2021 to June 2022: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, ethyl acetate import price increased by +9.5% against February 2022 indices. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 30% m-o-m. The import price peaked at $2,280 per ton in January 2022; however, from February 2022 to June 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2022, the country with the highest price was India ($2,112 per ton), while the price for South Africa ($1,573 per ton) was amongst the lowest.
From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Imports in Nigeria
In 2022, approx. 30K tons of ethyl acetate were imported into Nigeria; rising by 23% compared with the year before. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 117%. As a result, imports attained the peak of 39K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ethyl acetate imports soared to $75M in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 135% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
Import of Ethyl Acetate in Nigeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 7.4 | 23.2 | 20.6 | 33.7 | 65.8% |
South Africa | 5.7 | 10.4 | 11.8 | 23.9 | 61.3% |
United Arab Emirates | 0.9 | 2.6 | 3.5 | 10.3 | 125.4% |
Saudi Arabia | 0.2 | 0.8 | 1.3 | 3.8 | 166.8% |
China | 0.9 | 0.8 | 0.5 | 1.3 | 13.0% |
United Kingdom | 0.9 | 0.7 | 0.6 | 0.9 | 0.0% |
Others | 0.5 | 0.3 | 0.2 | 1.1 | 30.1% |
Total | 16.5 | 38.8 | 38.4 | 75.0 | 65.7% |
Top Suppliers of Ethyl Acetate to Nigeria in 2022:
- India (14.1K tons)
- South Africa (9.9K tons)
- United Arab Emirates (3.7K tons)
- Saudi Arabia (1.0K tons)
- United Kingdom (0.6K tons)
- China (0.4K tons)
This report provides an in-depth analysis of the ethyl acetate market in Nigeria. 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 20143215 - Ethyl acetate
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the ethyl acetate market in Nigeria.
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Nigeria.
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Nigeria.
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Nigeria.
This report provides an in-depth analysis of the market for salts of acetic acid in Nigeria.
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Nigeria.
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Nigeria.
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Nigeria.
This report provides an in-depth analysis of the acetic anhydride market in Nigeria.
This report provides an in-depth analysis of the acetic acid market in Nigeria.
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...