Report Update Nov 1, 2024

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

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Peru: Market for Salts Of Acetic Acid 2024

Market Size for Salts Of Acetic Acid in Peru

In 2022, the Peruvian salts of acetic acid market decreased by -36% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed buoyant growth. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Exports of Salts Of Acetic Acid

Exports from Peru

In 2022, salts of acetic acid exports from Peru fell significantly to X tons, which is down by -26.3% on the previous year. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 264% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, salts of acetic acid exports declined dramatically to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 219% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for salts of acetic acid exports from Peru, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador totaled +15.5%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador amounted to +17.9%.

Export Prices by Country

In 2022, the average salts of acetic acid export price amounted to $X per ton, waning by -4.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2015 an increase of 31%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +2.1% per year.

Imports of Salts Of Acetic Acid

Imports into Peru

In 2022, overseas purchases of salts of acetic acid decreased by -31.7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 173% against the previous year. As a result, imports attained the peak of X tons, and then plummeted in the following year.

In value terms, salts of acetic acid imports shrank rapidly to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 309% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of salts of acetic acid imports to Peru, together accounting for 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +63.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of salts of acetic acid to Peru, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +63.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.1% per year) and Germany (+1.0% per year).

Import Prices by Country

The average salts of acetic acid import price stood at $X per ton in 2022, reducing by -8.9% against the previous year. Over the period under review, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.9%), 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 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?

The country with the largest volume of salts of acetic acid production was China, accounting for 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. The third position in this ranking was occupied by India, with a 7.4% share.

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

In value terms, China, the Netherlands and Germany were the largest salts of acetic acid suppliers to Peru, together accounting for 79% of total imports.

What are the leading importers of salts of acetic acid from Peru?

In value terms, Ecuador remains the key foreign market for salts of acetic acid exports from Peru.

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

In 2021, the average salts of acetic acid export price amounted to $4,586 per ton, with an increase of 3.4% against the previous year.

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

The average salts of acetic acid import price stood at $2,170 per ton in 2021, declining by -3.3% against the previous year.

This report provides an in-depth analysis of the market for salts of acetic acid in Peru. 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:

Peru

Data coverage:

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