Report Update Nov 1, 2024

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

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Kazakhstan: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Kazakhstan

The Kazakh ethyl acetate market soared to $X in 2021, picking up by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +51.8% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ethyl Acetate Exports

Exports from Kazakhstan

In 2021, ethyl acetate exports from Kazakhstan soared to X tons, with an increase of 16% on the year before. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 297% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, ethyl acetate exports surged to $X in 2021. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 281%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Kyrgyzstan (X tons) was the main destination for ethyl acetate exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan amounted to +71.5%.

In value terms, Kyrgyzstan ($X) also remains the key foreign market for ethyl acetate exports from Kazakhstan.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan stood at +76.0%.

Export Prices by Country

In 2021, the average ethyl acetate export price amounted to $X per ton, rising by 47% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 50%. The export price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +37.9% per year.

Ethyl Acetate Imports

Imports into Kazakhstan

In 2021, approx. X tons of ethyl acetate were imported into Kazakhstan; shrinking by -1.8% against the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 21% against the previous year. Imports peaked at X tons in 2020, and then shrank modestly in the following year.

In value terms, ethyl acetate imports surged to $X in 2021. Over the period under review, imports, however, posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main supplier of ethyl acetate to Kazakhstan, with a 96% share of total imports. It was followed by China (X tons), with a 2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +1.4%.

In value terms, Russia ($X) constituted the largest supplier of ethyl acetate to Kazakhstan, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 1.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +6.1%.

Import Prices by Country

In 2021, the average ethyl acetate import price amounted to $X per ton, growing by 69% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl acetate in the world?

The country with the largest volume of ethyl acetate consumption was China, comprising approx. 24% of total volume. Moreover, ethyl acetate consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, twofold. The United States ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of ethyl acetate in the world?

China constituted the country with the largest volume of ethyl acetate production, comprising approx. 36% of total volume. Moreover, ethyl acetate production in China exceeded the figures recorded by the second-largest producer, Mexico, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of ethyl acetate to Kazakhstan?

In value terms, Russia constituted the largest supplier of ethyl acetate to Kazakhstan.

What is the average export price for ethyl acetate in Kazakhstan?

The average ethyl acetate export price stood at $1,541 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for ethyl acetate in Kazakhstan?

In 2020, the average ethyl acetate import price amounted to $1,164 per ton, shrinking by -12.8% against the previous year.

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

Kazakhstan

Data coverage:

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