Denmark - Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Acid Price in Denmark - 2023
Contents:
- Acetic Acid Price in Denmark (FOB) - 2022
- Acetic Acid Price in Denmark (CIF) - 2023
- Acetic Acid Exports in Denmark
- Acetic Acid Imports in Denmark
Acetic Acid Price in Denmark (FOB) - 2022
In 2022, the average acetic acid export price amounted to $1,349 per ton, with an increase of 19% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 102%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sweden ($1,669 per ton) and Belgium ($1,469 per ton), while the average price for exports to Norway ($1,203 per ton) and Italy ($1,231 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Acetic Acid Price in Denmark (CIF) - 2023
In June 2023, the average acetic acid import price amounted to $1,790 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the maximum at $2,012 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the Netherlands ($2,058 per ton) and Germany ($2,003 per ton), while the price for Austria ($1,518 per ton) and Belgium ($1,680 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Acid Exports in Denmark
In 2022, approx. 8.4K tons of acetic acid were exported from Denmark; approximately mirroring the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 8.5K tons, and then contracted slightly in the following year.
In value terms, acetic acid exports surged to $11M in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 153% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
Export of Acetic Acid in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.9 | 1.8 | 2.3 | 3.3 | 4.4% |
Italy | 0.6 | 0.4 | 2.2 | 2.4 | 58.7% |
Belgium | N/A | N/A | 1.3 | 1.9 | 46.2% |
Sweden | 0.7 | 0.9 | 1.8 | 1.1 | 16.3% |
Norway | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
France | N/A | N/A | 0.5 | 0.6 | 20.0% |
Netherlands | N/A | N/A | 0.1 | 0.5 | 400.0% |
Others | 0.1 | 0.2 | 0.9 | 0.8 | 100.0% |
Total | 4.7 | 3.8 | 9.7 | 11.4 | 34.4% |
Top Export Markets for Acetic Acid from Denmark in 2022:
- Germany (2.3K tons)
- Italy (1.9K tons)
- Belgium (1.3K tons)
- Sweden (0.7K tons)
- Norway (0.7K tons)
- Netherlands (0.4K tons)
- France (0.4K tons)
Acetic Acid Imports in Denmark
In 2022, approx. 9.3K tons of acetic acid were imported into Denmark; with an increase of 38% against 2021. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% 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 +43.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, acetic acid imports soared to $15M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Acetic Acid in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 3.2 | 2.8 | 5.1 | 4.5 | 12.0% |
United Kingdom | 0.1 | 0.2 | 0.4 | 2.8 | 203.7% |
Netherlands | 0.2 | 0.2 | 0.8 | 2.7 | 138.1% |
Sweden | 0.7 | 0.1 | 0.1 | 2.1 | 44.2% |
Germany | 3.0 | 2.0 | 0.9 | 2.0 | -12.6% |
Belgium | 0.3 | 0.3 | 0.6 | 0.7 | 32.6% |
Others | 0.1 | N/A | 0.5 | 0.5 | 71.0% |
Total | 7.7 | 5.8 | 8.5 | 15.3 | 25.7% |
Top Suppliers of Acetic Acid to Denmark in 2022:
- Austria (3.1K tons)
- United Kingdom (2.0K tons)
- Netherlands (1.4K tons)
- Germany (1.1K tons)
- Sweden (0.8K tons)
- Belgium (0.5K tons)
This report provides an in-depth analysis of the acetic acid market in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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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