Report Update Nov 1, 2024

Argentina - Ethyl Acetate - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Argentina

The Argentinian ethyl acetate market reached $X in 2021, increasing by 13% against the previous year. Overall, consumption saw a relatively flat trend pattern. Ethyl acetate consumption peaked in 2021 and is expected to retain growth in the near future.

Ethyl Acetate Production in Argentina

In value terms, ethyl acetate production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ethyl Acetate Exports

Exports from Argentina

In 2021, shipments abroad of ethyl acetate decreased by -29.2% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2013 when exports increased by 202%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, ethyl acetate exports contracted markedly to $X in 2021. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2013 when exports increased by 155%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for ethyl acetate exports from Argentina, with a 54% share of total exports. Moreover, ethyl acetate exports to Canada exceeded the volume sent to the second major destination, Chile (X tons), threefold. The third position in this ranking was held by Bolivia (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-18.2% per year) and Bolivia (-17.6% per year).

In value terms, the largest markets for ethyl acetate exported from Argentina were Chile ($X), Venezuela ($X) and Bolivia ($X), together accounting for 77% of total exports.

Venezuela, with a CAGR of +8.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average ethyl acetate export price amounted to $X per ton, picking up by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ethyl Acetate Imports

Imports into Argentina

Ethyl acetate imports into Argentina skyrocketed to X tons in 2021, rising by 27% on the year before. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 310% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, ethyl acetate imports skyrocketed to $X in 2021. Overall, imports posted a strong increase. The growth pace was the most rapid in 2017 with an increase of 329% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), Mexico (X tons) and the UK (X tons) were the main suppliers of ethyl acetate imports to Argentina, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +46.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of ethyl acetate to Argentina, comprising 63% of total imports. The second position in the ranking was taken by Mexico ($X), with a 31% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil totaled +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+19.9% per year) and the UK (+18.6% per year).

Import Prices by Country

In 2021, the average ethyl acetate import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 11%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl acetate in the world?

China constituted the country with the largest volume of ethyl acetate consumption, comprising approx. 24% of total volume. Moreover, ethyl acetate consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, twofold. The United States ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of ethyl acetate in the world?

China remains the largest ethyl acetate producing country worldwide, comprising approx. 36% of total volume. Moreover, ethyl acetate production in China exceeded the figures recorded by the second-largest producer, Mexico, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of ethyl acetate to Argentina?

In value terms, Brazil constituted the largest supplier of ethyl acetate to Argentina, comprising 55% of total imports. The second position in the ranking was occupied by Mexico, with a 25% share of total imports. It was followed by the UK, with a 10% share.

What are the leading importers of ethyl acetate from Argentina?

In value terms, the largest markets for ethyl acetate exported from Argentina were Brazil, Chile and Bolivia, together accounting for 85% of total exports. These countries were followed by Venezuela, Colombia and Uruguay, which together accounted for a further 15%.

What is the average export price for ethyl acetate in Argentina?

In 2020, the average ethyl acetate export price amounted to $1,911 per ton, increasing by 20% against the previous year.

What is the average import price for ethyl acetate in Argentina?

The average ethyl acetate import price stood at $801 per ton in 2020, reducing by -14.1% against the previous year.

This report provides an in-depth analysis of the ethyl acetate market in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023