Report Update Nov 1, 2024

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

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Benelux: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Benelux

The Benelux ethyl acetate market surged to $X in 2021, increasing by 165% against the previous year. Over the period under review, consumption showed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Ethyl Acetate Production in Benelux

In value terms, ethyl acetate production expanded notably to $X in 2021 estimated in export price. Overall, production showed a notable expansion. The pace of growth was the most pronounced in 2013 with an increase of 668%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Ethyl Acetate Exports

Exports in Benelux

In 2021, shipments abroad of ethyl acetate increased by 15% to X tons, rising for the second consecutive year after three years of decline. In general, exports saw a mild increase. The most prominent rate of growth was recorded in 2020 when exports increased by 204%. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, ethyl acetate exports soared to $X in 2021. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 241%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons) was the major exporter of ethyl acetate, creating 83% of total exports. It was distantly followed by the Netherlands (X tons), making up a 17% share of total exports.

Belgium was also the fastest-growing in terms of the ethyl acetate exports, with a CAGR of +1.8% from 2012 to 2021. The Netherlands experienced a relatively flat trend pattern. Belgium (+3 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -3.1% from 2012 to 2021, respectively.

In value terms, Belgium ($X) remains the largest ethyl acetate supplier in Benelux, comprising 82% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total exports.

In Belgium, ethyl acetate exports expanded at an average annual rate of +5.6% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, rising by 53% against the previous year. Export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ethyl acetate export price increased by +71.3% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.9%).

Ethyl Acetate Imports

Imports in Benelux

In 2021, overseas purchases of ethyl acetate increased by 7.4% to X tons, rising for the second year in a row after three years of decline. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 95%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, ethyl acetate imports skyrocketed to $X in 2021. Over the period under review, imports saw a notable expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium represented the key importer of ethyl acetate in Benelux, with the volume of imports resulting at X tons, which was near 82% of total imports in 2021. It was distantly followed by the Netherlands (X tons), creating a 17% share of total imports.

Belgium was also the fastest-growing in terms of the ethyl acetate imports, with a CAGR of +1.0% from 2012 to 2021. The Netherlands experienced a relatively flat trend pattern. Belgium (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -2% from 2012 to 2021, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported ethyl acetate in Benelux, comprising 80% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports.

In Belgium, ethyl acetate imports expanded at an average annual rate of +4.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, growing by 55% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%).

Source: IndexBox Platform

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

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Benelux, split by region and country
Trade (exports and imports) in Benelux
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. 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. 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
- Belgium
- Luxembourg
- Netherlands
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