Report Update Nov 1, 2024

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

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Uzbekistan: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Uzbekistan

The Uzbek ethyl acetate market expanded slightly to $X in 2021, picking up by 2.1% against the previous year. Over the period under review, consumption posted a temperate increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Ethyl Acetate Production in Uzbekistan

In value terms, ethyl acetate production reached $X in 2021 estimated in export price. In general, production showed measured growth. The growth pace was the most rapid in 2017 when the production volume increased by 57%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Ethyl Acetate Exports

Exports from Uzbekistan

In 2021, ethyl acetate exports from Uzbekistan skyrocketed to X tons, rising by 3,520% on the year before. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethyl acetate exports surged to $X in 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2020 to 2021, the average annual growth rate of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for ethyl acetate exports from Uzbekistan.

From 2020 to 2021, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average ethyl acetate export price stood at $X per ton in 2021, which is down by -4.2% against the previous year. In general, the export price continues to indicate a pronounced contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then reduced modestly in the following year.

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

From 2020 to 2021, the rate of growth in terms of prices for Tajikistan amounted to 0.0% per year.

Ethyl Acetate Imports

Imports into Uzbekistan

In 2021, supplies from abroad of ethyl acetate decreased by -61.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 456%. Over the period under review, imports reached the peak figure at X tons in 2020, and then declined markedly in the following year.

In value terms, ethyl acetate imports declined sharply to $X in 2021. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 364% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then shrank significantly in the following year.

Imports by Country

Turkey (X tons), South Korea (X tons) and India (X tons) were the main suppliers of ethyl acetate imports to Uzbekistan, with a combined 83% share of total imports. These countries were followed by the UK, China, Russia and Saudi Arabia, which together accounted for a further 17%.

From 2017 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +85.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethyl acetate suppliers to Uzbekistan were Turkey ($X), South Korea ($X) and India ($X), together comprising 84% of total imports.

In terms of the main suppliers, India, with a CAGR of +109.0%, 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, rising by 31% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Russia ($X per ton) and India ($X per ton), while the price for the UK ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by India (+20.3%), 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 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?

The country with the largest volume of ethyl acetate production was China, 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 Uzbekistan?

In value terms, Russia constituted the largest supplier of ethyl acetate to Uzbekistan, comprising 44% of total imports. The second position in the ranking was occupied by India, with a 20% share of total imports. It was followed by Saudi Arabia, with an 18% share.

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

In 2020, the average ethyl acetate export price amounted to $1,520 per ton, remaining relatively unchanged against the previous year.

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

In 2020, the average ethyl acetate import price amounted to $1,232 per ton, declining by -6.2% against the previous year.

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

Uzbekistan

Data coverage:

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