Sri Lanka - Ethyl Acetate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthyl Acetate Price in Sri Lanka - 2021
Contents:
- Ethyl Acetate Price in Sri Lanka (CIF) - 2022
- Ethyl Acetate Price in Sri Lanka (FOB) - 2022
- Ethyl Acetate Imports in Sri Lanka
- Ethyl Acetate Exports in Sri Lanka
Ethyl Acetate Price in Sri Lanka (CIF) - 2022
The average ethyl acetate import price stood at $1,634 per ton in 2022, declining by -2.1% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +70.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 74% against the previous year. As a result, import price reached the peak level of $1,668 per ton, and then shrank slightly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($1,954 per ton) and China ($1,710 per ton), while the price for the United Arab Emirates ($1,333 per ton) and India ($1,509 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethyl Acetate Price in Sri Lanka (FOB) - 2022
The average ethyl acetate export price stood at $1,158 per ton in 2022, dropping by -66% against the previous year. Overall, the export price continues to indicate a sharp contraction. The export price peaked at $3,406 per ton in 2021, and then dropped significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From 2019 to 2022, the rate of growth in terms of prices for Bangladesh amounted to 0.0% per year.
Ethyl Acetate Imports in Sri Lanka
In 2022, approx. 3K tons of ethyl acetate were imported into Sri Lanka; increasing by 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, ethyl acetate imports expanded sharply to $4.9M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Ethyl Acetate in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 865 | 1,056 | 1,392 | 2,325 | 39.0% |
China | 327 | 396 | 324 | 1,466 | 64.9% |
Singapore | 659 | 476 | 984 | 688 | 1.4% |
Saudi Arabia | 356 | 324 | 241 | 309 | -4.6% |
United Arab Emirates | 348 | 412 | 294 | 28.8 | -56.4% |
Others | 91.6 | 177 | 1,240 | 56.2 | -15.0% |
Total | 2,646 | 2,842 | 4,475 | 4,874 | 22.6% |
Top Suppliers of Ethyl Acetate to Sri Lanka in 2022:
- India (1540.3 tons)
- China (857.5 tons)
- Singapore (352.1 tons)
- Saudi Arabia (182.4 tons)
- United Arab Emirates (21.6 tons)
Ethyl Acetate Exports in Sri Lanka
Ethyl acetate exports from Sri Lanka soared to 22 tons in 2022, rising by 6,300% on the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ethyl acetate exports soared to $25K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Ethyl Acetate in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | N/A | N/A | N/A | 25.2 | 0% |
India | N/A | N/A | 1.2 | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 0.1 | N/A | 1.2 | 25.2 | 531.6% |
Top Export Markets for Ethyl Acetate from Sri Lanka in 2022:
- Bangladesh (21.8 tons)
This report provides an in-depth analysis of the ethyl acetate market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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