Report Update: Nov 1, 2024

World - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights

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Acrylonitrile market

Acrylonitrile market: get access to newly released information secured by an Ai-driven BI platform. Statistics include companies, consumption, market prices, imports, trade, exports, market size, and production. Here is a breakdown by country, including the U.K., the U.S., Africa, the Middle East, Latin America, Russia, China, and EU. Market dynamics and outlook to 2030 are also provided in the snapshots.

Acrylonitrile - World's Largest Markets

Rating	Country
1	United States
2	United Kingdom
3	Turkey
4	China
5	Netherlands

In value terms, the United States, the UK and Turkey were the countries with the highest levels of market value in 2020, together comprising 36% of the global market. China, the Netherlands, Japan, Malaysia, India, the United Arab Emirates, France, Taiwan (Chinese), Belgium and Mexico lagged somewhat behind, together comprising a further 51%.

In terms of the main consuming countries, the Netherlands (+158.1% per year) recorded the highest growth rate of market size, over the period under review, while acrylonitrile market for the other global leaders experienced more modest paces of growth.

Acrylonitrile Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	1410	1571	734	-27.8%
Japan	1846	1493	1012	-26.0%
United States	1891	1519	1052	-25.4%
China	1910	1785	1075	-25.0%
Brazil	1795	1516	1086	-22.2%
South Korea	1840	1508	1159	-20.6%
Germany	1684	1543	1389	-9.2%
Average	1763	1528	1090	-21.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($1,389 per ton), while Russia ($734 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Italy	1710	1630	1477	-7.1%
France	1760	1574	1408	-10.6%
Belgium	1593	1626	1356	-7.7%
Germany	1497	1539	1351	-5.0%
United Kingdom	1473	1468	1252	-7.8%
Malaysia	2088	1706	1240	-22.9%
India	2027	1642	1199	-23.1%
Netherlands	1492	1399	1181	-11.0%
South Korea	1955	1602	1129	-24.0%
China	1970	1567	1124	-24.5%
Portugal	1734	1547	1078	-21.2%
Mexico	1867	1525	962	-28.2%
Turkey	1564	1251	863	-25.7%
Average	1866	1555	1166	-21.0%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy ($1,477 per ton), while Turkey ($863 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the import price figures.

Acrylonitrile - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.7	0.5	0.3	-32.9%
Turkey	0.4	0.3	0.3	-16.4%
South Korea	0.3	0.3	0.2	-20.0%
Malaysia	0.3	0.2	0.2	-15.7%
India	0.4	0.3	0.2	-26.5%

In value terms, the largest acrylonitrile importing markets worldwide were China ($328M), Turkey ($261M) and South Korea ($211M), together comprising 39% of global imports. These countries were followed by Malaysia, India, Belgium, France, Mexico, Germany, the UK, the Netherlands, Italy and Portugal, which together accounted for a further 49%.

Among the main importing countries, the UK (+175.2% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Acrylonitrile - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	1	0.5	0.6	-24.0%
South Korea	0.4	0.4	0.2	-25.4%
Germany	0.2	0.2	0.2	-0.3%
Russia	0.2	0.09	0.1	-27.6%
Japan	0.07	0.08	0.1	17.5%

In value terms, the United States ($551M) remains the largest acrylonitrile supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by South Korea ($237M), with a 16% share of global exports. It was followed by Germany, with a 12% share.

In the United States, acrylonitrile exports shrank by an average annual rate of -24.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: South Korea (-25.4% per year) and Germany (-0.3% per year).

Acrylonitrile - Market Forecast

Driven by rising demand for acrylonitrile worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Acrylonitrile - Product Coverage

HS 292610 - Nitrile-function compounds; acrylonitrile

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global acrylonitrile market. 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 20144350 - Acrylonitrile

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023