Serbia - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthyl Acetate Price in Serbia - 2023
Contents:
- Ethyl Acetate Price in Serbia (CIF) - 2022
- Ethyl Acetate Price in Serbia (FOB) - 2022
- Ethyl Acetate Imports in Serbia
- Ethyl Acetate Exports in Serbia
Ethyl Acetate Price in Serbia (CIF) - 2022
The average ethyl acetate import price stood at $1,620 per ton in 2022, declining by -5.8% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethyl acetate import price increased by +63.0% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 73% against the previous year. As a result, import price attained the peak level of $1,721 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($22,700 per ton), while the price for South Africa ($1,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Price in Serbia (FOB) - 2022
The average ethyl acetate export price stood at $2,028 per ton in 2022, rising by 13% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethyl acetate export price increased by +53.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs at $2,195 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,029 per ton), while the average price for exports to North Macedonia totaled $2,004 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ethyl Acetate Imports in Serbia
Ethyl acetate imports into Serbia rose remarkably to 2K tons in 2022, picking up by 7.2% on the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ethyl acetate imports stood at $3.3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Ethyl Acetate in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 32.4 | 177 | 327 | 1,046 | 218.4% |
Turkey | 26.8 | 304 | 951 | 583 | 179.2% |
Saudi Arabia | 174 | 246 | 377 | 523 | 44.3% |
United Kingdom | 159 | 267 | 279 | 366 | 32.0% |
Ukraine | 936 | 709 | 1,020 | 308 | -31.0% |
India | 405 | 136 | 226 | 177 | -24.1% |
South Africa | 14.3 | 3.8 | N/A | 103 | 93.1% |
Belgium | 80.7 | 62.0 | 0.7 | 0.2 | -86.5% |
Others | 206 | 153 | 103 | 210 | 0.6% |
Total | 2,035 | 2,057 | 3,284 | 3,316 | 17.7% |
Top Suppliers of Ethyl Acetate to Serbia in 2022:
- Belgium (undefined tons)
- China (651.0 tons)
- Turkey (335.4 tons)
- Saudi Arabia (335.3 tons)
- United Kingdom (254.7 tons)
- Ukraine (159.5 tons)
- India (118.5 tons)
- South Africa (71.9 tons)
Ethyl Acetate Exports in Serbia
Ethyl acetate exports from Serbia fell significantly to 57 tons in 2022, waning by -54.3% on 2021 figures. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports attained the peak of 125 tons, and then plummeted in the following year.
In value terms, ethyl acetate exports fell remarkably to $116K in 2022. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of $223K, and then declined notably in the following year.
Export of Ethyl Acetate in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
North Macedonia | 106 | 84.2 | 38.8 | 66.7 | -14.3% |
Bosnia and Herzegovina | 35.1 | 30.8 | 60.7 | 47.8 | 10.8% |
Croatia | N/A | N/A | 43.3 | N/A | 0% |
Turkey | N/A | N/A | 80.2 | N/A | 0% |
Others | 1.5 | 1.8 | 0.4 | 1.0 | -12.6% |
Total | 143 | 117 | 223 | 116 | -6.7% |
Top Export Markets for Ethyl Acetate from Serbia in 2022:
- North Macedonia (33.3 tons)
- Bosnia and Herzegovina (23.5 tons)
This report provides an in-depth analysis of the ethyl acetate market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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