Report Update Nov 1, 2024

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

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CIS: Acetic Anhydride Market 2024

Acetic Anhydride Market Size in CIS

In 2021, the CIS acetic anhydride market decreased by -55.4% to $X for the first time since 2015, thus ending a five-year rising trend. Overall, consumption, however, recorded resilient growth. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Acetic Anhydride Production in CIS

In value terms, acetic anhydride production reached $X in 2021 estimated in export price. In general, production posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 197%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Acetic Anhydride Exports

Exports in CIS

In 2021, overseas shipments of acetic anhydride decreased by 0% to X kg, falling for the sixth year in a row after two years of growth. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 85%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, acetic anhydride exports surged to $X in 2021. In general, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2014 when exports increased by 32% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of acetic anhydride, namely Belarus, represented more than two-thirds of total export.

Belarus was also the fastest-growing in terms of the acetic anhydride exports, with a CAGR of -39.4% from 2012 to 2021. Belarus (+84 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) also remains the largest acetic anhydride supplier in the CIS.

In Belarus, acetic anhydride exports decreased by an average annual rate of -28.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with an increase of 26% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth appeared the most rapid in 2020 when the export price increased by 358% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in years to come.

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

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

Acetic Anhydride Imports

Imports in CIS

After two years of growth, overseas purchases of acetic anhydride decreased by -75.9% to X tons in 2021. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2019 when imports increased by 128%. The volume of import peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, acetic anhydride imports contracted remarkably to $X in 2021. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 542% against the previous year. As a result, imports attained the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of acetic anhydride, mixing up 78% of total imports. It was distantly followed by Uzbekistan (X tons), achieving a 21% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to acetic anhydride imports into Russia stood at -7.6%. Uzbekistan experienced a relatively flat trend pattern. While the share of Uzbekistan (+21 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-21.6 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported acetic anhydride in the CIS, comprising 83% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 9% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +14.4%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, surging by 59% against the previous year. Overall, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2020 when the import price increased by 213%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+23.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Uzbekistan constituted the country with the largest volume of acetic anhydride consumption, comprising approx. 65% of total volume. Moreover, acetic anhydride consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Armenia, threefold. Russia ranked third in terms of total consumption with an 8.6% share.

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

The countries with the highest volumes of acetic anhydride production in 2021 were Armenia and Russia.

What are the leading exporters of acetic anhydride in the CIS?

In value terms, Russia $964) emerged as the largest acetic anhydride supplier in the CIS, comprising 88% of total exports. The second position in the ranking was occupied by Belarus $136), with a 12% share of total exports.

What are the leading importers of acetic anhydride in the CIS?

In value terms, Russia constitutes the largest market for imported acetic anhydride in the CIS, comprising 90% of total imports. The second position in the ranking was occupied by Uzbekistan, with a 5.4% share of total imports.

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

The acetic anhydride export price in the CIS stood at $1,170 per ton in 2021, which is down by -76.2% against the previous year.

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

The acetic anhydride import price in the CIS stood at $19,891 per ton in 2021, declining by -84.2% against the previous year.

This report provides an in-depth analysis of the acetic anhydride market in CIS. 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:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
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