Report Update Nov 1, 2024

Southern Asia - Ethyl Acetate - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Southern Asia

After two years of decline, the South Asian ethyl acetate market increased by 14% to $X in 2021. The market value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Ethyl Acetate Production in Southern Asia

In value terms, ethyl acetate production stood at $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 28%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Ethyl Acetate Exports

Exports in Southern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of ethyl acetate, when their volume increased by 6.5% to X tons. Over the period under review, exports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 when exports increased by 45%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ethyl acetate exports surged to $X in 2021. In general, exports recorded modest growth. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of ethyl acetate, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the ethyl acetate exports, with a CAGR of -3.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest ethyl acetate supplier in Southern Asia.

In India, ethyl acetate exports increased at an average annual rate of +1.1% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, growing by 74% against the previous year. Export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +4.4% per year.

Ethyl Acetate Imports

Imports in Southern Asia

In 2021, approx. X tons of ethyl acetate were imported in Southern Asia; growing by 75% on the previous year. In general, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethyl acetate imports soared to $X in 2021. Overall, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh dominates imports structure, amounting to X tons, which was approx. 83% of total imports in 2021. India (X tons) held the second position in the ranking, followed by Nepal (X tons) and Sri Lanka (X tons). All these countries together held near 17% share of total imports.

Bangladesh was also the fastest-growing in terms of the ethyl acetate imports, with a CAGR of +21.3% from 2012 to 2021. At the same time, Nepal (+11.6%) displayed positive paces of growth. Sri Lanka experienced a relatively flat trend pattern. By contrast, India (-1.2%) illustrated a downward trend over the same period. Bangladesh (+37 p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka and India saw its share reduced by -11.5% and -17.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported ethyl acetate in Southern Asia, comprising 79% of total imports. The second position in the ranking was taken by India ($X), with a 9.4% share of total imports. It was followed by Sri Lanka, with a 6.3% share.

In Bangladesh, ethyl acetate imports increased at an average annual rate of +21.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+4.9% per year) and Sri Lanka (+2.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, with an increase of 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in India ($X per ton) and Sri Lanka ($X per ton), while Bangladesh ($X per ton) and Nepal ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl acetate in Southern Asia?

The country with the largest volume of ethyl acetate consumption was India, accounting for 90% of total volume. Moreover, ethyl acetate consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, more than tenfold.

What are the largest producers of ethyl acetate in Southern Asia?

The country with the largest volume of ethyl acetate production was India, accounting for 100% of total volume.

What are the leading suppliers of ethyl acetate in Southern Asia?

In value terms, India remains the largest ethyl acetate supplier in Southern Asia.

What are the leading importers of ethyl acetate in Southern Asia?

In value terms, Bangladesh constitutes the largest market for imported ethyl acetate in Southern Asia, comprising 69% of total imports. The second position in the ranking was occupied by India, with a 13% share of total imports. It was followed by Sri Lanka, with a 9% share.

What is the average export price for ethyl acetate in Southern Asia?

The ethyl acetate export price in Southern Asia stood at $806 per ton in 2020, with a decrease of -4.1% against the previous year.

What is the average import price for ethyl acetate in Southern Asia?

In 2020, the ethyl acetate import price in Southern Asia amounted to $1,029 per ton, surging by 5.4% against the previous year.

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

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023