Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Libya: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Libya

In 2021, the Libyan ethyl acetate market increased by 112% to $X, rising for the third consecutive year after four years of decline. In general, consumption enjoyed a resilient increase. Ethyl acetate consumption peaked in 2021 and is likely to see steady growth in the near future.

Ethyl Acetate Exports

Exports from Libya

In 2017, ethyl acetate exports from Libya stood at X tons, therefore, remained relatively stable against 2016 figures. Overall, exports enjoyed prominent growth. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are likely to see steady growth in years to come.

In value terms, ethyl acetate exports stood at $X in 2017. Over the period under review, exports showed a sharp decrease. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2017, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for ethyl acetate exports from Libya, accounting for a approx. 100% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to Egypt amounted to +16.1%.

From 2015 to 2017, the average annual growth rate of value to Egypt totaled -62.5%.

Export Prices by Country

In 2017, the average ethyl acetate export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price faced a dramatic descent. The growth pace was the most rapid in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2017, the export prices stood at a somewhat lower figure.

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

From 2015 to 2017, the rate of growth in terms of prices for Egypt amounted to -67.7% per year.

Ethyl Acetate Imports

Imports into Libya

In 2021, supplies from abroad of ethyl acetate increased by 73% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 143% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, ethyl acetate imports surged to $X in 2021. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of ethyl acetate to Libya, with a 45% share of total imports. Moreover, ethyl acetate imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.5% per year) and Belgium (+4.5% per year).

In value terms, India ($X), Turkey ($X) and Belgium ($X) appeared to be the largest ethyl acetate suppliers to Libya, together comprising 75% of total imports.

Among the main suppliers, India, with a CAGR of +20.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ethyl acetate import price amounted to $X per ton, increasing by 33% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 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 Tunisia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+9.4%), 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 ethyl acetate in the world?

China remains the largest ethyl acetate consuming country worldwide, accounting for 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?

The country with the largest volume of ethyl acetate production was China, accounting for 36% of total volume. Moreover, ethyl acetate production in China exceeded the figures recorded by the second-largest producer, Mexico, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of ethyl acetate to Libya?

In value terms, Belgium, India and Turkey constituted the largest ethyl acetate suppliers to Libya, together comprising 100% of total imports.

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

The average ethyl acetate export price stood at $339 per ton in 2017, almost unchanged from the previous year.

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

The average ethyl acetate import price stood at $1,196 per ton in 2020, reducing by -13.2% against the previous year.

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

Libya

Data coverage:

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