Report Update Nov 1, 2024

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

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Norway: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Norway

The Norwegian ethyl acetate market amounted to $X in 2021, approximately equating 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). Over the period under review, consumption showed a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Ethyl Acetate Exports

Exports from Norway

In 2021, approx. X tons of ethyl acetate were exported from Norway; jumping by 99% compared with the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 16,656% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, ethyl acetate exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 22,047%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt amounted to +51.6%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Egypt amounted to +54.0%.

Export Prices by Country

The average ethyl acetate export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ethyl acetate export price increased by +90.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to +1.6% per year.

Ethyl Acetate Imports

Imports into Norway

In 2021, overseas purchases of ethyl acetate were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ethyl acetate imports skyrocketed to $X in 2021. Overall, imports recorded a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of 59% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of ethyl acetate to Norway, with a 24% share of total imports. Moreover, ethyl acetate imports from the UK exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by France (X tons), with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-18.7% per year) and France (+37.2% per year).

In value terms, the UK ($X) constituted the largest supplier of ethyl acetate to Norway, comprising 17% of total imports. The second position in the ranking was held by France ($X), with a 4.6% share of total imports. It was followed by Germany, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from the UK totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+38.0% per year) and Germany (-12.6% per year).

Import Prices by Country

In 2021, the average ethyl acetate import price amounted to $X per ton, increasing by 42% against the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 54% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

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 Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+16.8%), 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 constituted the country with the largest volume of ethyl acetate consumption, comprising approx. 24% of total volume. Moreover, ethyl acetate consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.

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

China remains the largest ethyl acetate producing country worldwide, 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 Norway?

In value terms, the largest ethyl acetate suppliers to Norway were Sweden, the UK and Germany, together accounting for 78% of total imports. These countries were followed by Belgium, France and the Netherlands, which together accounted for a further 17%.

What are the leading importers of ethyl acetate from Norway?

In value terms, Sweden $150) remains the key foreign market for ethyl acetate exports from Norway, comprising 74% of total exports. The second position in the ranking was occupied by Denmark $32), with a 16% share of total exports.

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

The average ethyl acetate export price stood at $1,202 per ton in 2020, picking up by 29% against the previous year.

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

In 2020, the average ethyl acetate import price amounted to $2,457 per ton, rising by 59% against the previous year.

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

Norway

Data coverage:

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