Report Update Nov 1, 2024

Israel - Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Acetic Acid Market 2024

Acetic Acid Market Size in Israel

After two years of decline, the Israeli acetic acid market increased by 24% to $X in 2021. In general, consumption, however, showed a deep downturn. Acetic acid consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Acetic Acid Production in Israel

In value terms, acetic acid production soared to $X in 2021 estimated in export price. In general, production, however, faced a abrupt decline. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Acetic Acid Exports

Exports from Israel

In 2021, overseas shipments of acetic acid decreased by -31.6% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a perceptible setback. The growth pace was the most rapid in 2017 with an increase of 354%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, acetic acid exports reduced slightly to $X in 2021. In general, exports recorded a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of 331%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for acetic acid exports from Israel, with a 47% share of total exports. Moreover, acetic acid exports to the Netherlands exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-13.6% per year) and Belgium (-19.9% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for acetic acid exports from Israel, comprising 52% of total exports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total exports. It was followed by Denmark, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-16.2% per year) and Denmark (-14.2% per year).

Export Prices by Country

In 2021, the average acetic acid export price amounted to $X per ton, with an increase of 44% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2018 when the average export price increased by 49% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Denmark ($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 India (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Acetic Acid Imports

Imports into Israel

In 2021, purchases abroad of acetic acid increased by 19% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports showed a moderate expansion. The growth pace was the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, acetic acid imports skyrocketed to $X in 2021. Over the period under review, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of acetic acid imports to Israel, together accounting for 66% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +34.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and Turkey ($X) appeared to be the largest acetic acid suppliers to Israel, together comprising 72% of total imports.

Turkey, with a CAGR of +35.4%, saw 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 more modest paces of growth.

Import Prices by Country

The average acetic acid import price stood at $X per ton in 2021, increasing by 62% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), 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 acid in the world?

The country with the largest volume of acetic acid consumption was India, comprising approx. 34% of total volume. Moreover, acetic acid consumption in India exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 5.4% share.

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

The countries with the highest volumes of acetic acid production in 2021 were China, the United States and Malaysia, with a combined 58% share of global production. These countries were followed by the UK, Taiwan Chinese), Russia, South Korea, Singapore, Saudi Arabia, Japan, Iran and Serbia, which together accounted for a further 31%.

What are the leading suppliers of acetic acid to Israel?

In value terms, South Korea constituted the largest supplier of acetic acid to Israel, comprising 37% of total imports. The second position in the ranking was occupied by Germany, with a 17% share of total imports. It was followed by China, with a 13% share.

What are the leading importers of acetic acid from Israel?

In value terms, Germany, Belgium and India were the largest markets for acetic acid exported from Israel worldwide, with a combined 85% share of total exports.

What is the average export price for acetic acid in Israel?

The average acetic acid export price stood at $822 per ton in 2021, jumping by 31% against the previous year.

What is the average import price for acetic acid in Israel?

In 2021, the average acetic acid import price amounted to $632 per ton, picking up by 16% against the previous year.

This report provides an in-depth analysis of the acetic acid market in Israel. 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 20143271 - Acetic acid

Country coverage:

Israel

Data coverage:

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