Report Update Nov 1, 2024

Belarus - Acetic Anhydride - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Acetic Anhydride Market 2024

Acetic Anhydride Market Size in Belarus

The Belarusian acetic anhydride market amounted to $X in 2021, growing by 1.6% against the previous year. Over the period under review, consumption saw a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Acetic Anhydride Production in Belarus

In value terms, acetic anhydride production totaled $X in 2021 estimated in export price. In general, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Acetic Anhydride Exports

Exports from Belarus

In 2021, the amount of acetic anhydride exported from Belarus stood at X kg, approximately equating 2020 figures. Over the period under review, exports continue to indicate a sharp decrease. The smallest decline of -20.7% was in 2020. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, acetic anhydride exports soared to $X in 2021. In general, exports recorded a dramatic decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for acetic anhydride exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -39.4%.

In value terms, Russia ($X) also remains the key foreign market for acetic anhydride exports from Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -28.9%.

Export Prices by Country

The average acetic anhydride export price stood at $X per ton in 2021, with an increase of 26% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 212%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +17.4% per year.

Acetic Anhydride Imports

Imports into Belarus

In 2021, imports of acetic anhydride into Belarus soared to X kg, growing by 24% against the year before. Overall, imports continue to indicate a temperate increase. The pace of growth was the most pronounced in 2017 with an increase of 190% against the previous year. Over the period under review, imports reached the maximum at X kg in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, acetic anhydride imports surged to $X in 2021. In general, imports showed a tangible increase. The growth pace was the most rapid in 2017 when imports increased by 210% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X kg), Mexico (X kg) and the UK (X kg) were the main suppliers of acetic anhydride imports to Belarus, together accounting for 65% 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 +21.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest acetic anhydride suppliers to Belarus were Belgium ($X), Mexico ($X) and the UK ($X), together comprising 60% of total imports.

Belgium, with a CAGR of +5.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average acetic anhydride import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK ($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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acetic anhydride in the world?

The countries with the highest volumes of acetic anhydride consumption in 2021 were the United States, Mexico and Belgium, together comprising 49% of global consumption. These countries were followed by Germany, the UK, Saudi Arabia, the Netherlands, India, France, South Korea, Switzerland, China and Denmark, which together accounted for a further 42%.

What are the largest producers of acetic anhydride in the world?

The countries with the highest volumes of acetic anhydride production in 2021 were the United States, the UK and Mexico, together comprising 81% of global production. These countries were followed by Saudi Arabia, India and China, which together accounted for a further 18%.

What are the leading suppliers of acetic anhydride to Belarus?

In value terms, the largest acetic anhydride suppliers to Belarus were Belgium $749), Mexico $446) and Germany $376), with a combined 78% share of total imports.

What are the leading importers of acetic anhydride from Belarus?

In value terms, Russia $136) remains the key foreign market for acetic anhydride exports from Belarus.

What is the average export price for acetic anhydride in Belarus?

The average acetic anhydride export price stood at $5,231 per ton in 2021, with an increase of 6.4% against the previous year.

What is the average import price for acetic anhydride in Belarus?

In 2021, the average acetic anhydride import price amounted to $22,511 per ton, reducing by -4.6% against the previous year.

This report provides an in-depth analysis of the acetic anhydride market in Belarus. 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 20143277 - Acetic anhydride

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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