Report Update Nov 1, 2024

Iran - Salts of Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Market for Salts Of Acetic Acid 2024

Market Size for Salts Of Acetic Acid in Iran

The Iranian salts of acetic acid market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Salts Of Acetic Acid

Exports from Iran

In 2022, salts of acetic acid exports from Iran fell dramatically to X tons, waning by -39.4% compared with 2021. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 22% against the previous year. The exports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, salts of acetic acid exports contracted rapidly to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The smallest decline of -13% was in 2015. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

Spain (X tons) was the main destination for salts of acetic acid exports from Iran, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled -39.4%.

In value terms, Spain ($X) also remains the key foreign market for salts of acetic acid exports from Iran.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to -41.0%.

Export Prices by Country

In 2022, the average salts of acetic acid export price amounted to $X per ton, dropping by -6.4% against the previous year. In general, the export price showed a pronounced decrease. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to +6.4% per year.

Imports of Salts Of Acetic Acid

Imports into Iran

After two years of decline, overseas purchases of salts of acetic acid increased by 47% to X tons in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 160%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, salts of acetic acid imports surged to $X in 2022. In general, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of 323%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of salts of acetic acid imports to Iran, together accounting for 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +29.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest salts of acetic acid suppliers to Iran were Taiwan (Chinese) ($X), India ($X) and China ($X), together accounting for 90% of total imports.

India, with a CAGR of +27.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average salts of acetic acid import price stood at $X per ton in 2022, with an increase of 17% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts of acetic acid import price decreased by -31.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for salts of acetic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global consumption. These countries were followed by Japan, Russia, Brazil, Germany, Mexico, Democratic Republic of the Congo, Thailand and France, which together accounted for a further 26%.

What are the largest producers of salts of acetic acid in the world?

China constituted the country with the largest volume of salts of acetic acid production, comprising approx. 33% of total volume. Moreover, salts of acetic acid production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of salts of acetic acid to Iran?

In value terms, the largest salts of acetic acid suppliers to Iran were Taiwan Chinese), China and Germany, with a combined 77% share of total imports. These countries were followed by Turkey, India and the United Arab Emirates, which together accounted for a further 10%.

What is the average export price for salts of acetic acid in Iran?

In 2021, the average salts of acetic acid export price amounted to $1,224 per ton, remaining relatively unchanged against the previous year.

What is the average import price for salts of acetic acid in Iran?

In 2021, the average salts of acetic acid import price amounted to $2,144 per ton, with an increase of 8.2% against the previous year.

This report provides an in-depth analysis of the market for salts of acetic acid in Iran. 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 20143278 - Salts of acetic acid

Country coverage:

Iran

Data coverage:

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