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World - Acetic Anhydride - Market Analysis, Forecast, Size, Trends and Insights

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Global Acetic Anhydride Market 2024

Acetic Anhydride Market Size

In 2021, the global acetic anhydride market increased by 2.8% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Global consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Acetic Anhydride Production

In value terms, acetic anhydride production expanded slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 14%. Global production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Acetic Anhydride Exports

Exports

Global acetic anhydride exports rose significantly to X tons in 2021, increasing by 5.4% against 2020 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 27% against the previous year. The global exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, acetic anhydride exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 23%. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) and Mexico (X tons) were the major exporters of acetic anhydride in 2021, resulting at near 24% and 21% of total exports, respectively. The United States (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (12%), Saudi Arabia (8.2%), the Netherlands (6.2%) and India (4.9%). Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +22.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest acetic anhydride supplying countries worldwide were Mexico ($X), Belgium ($X) and the United States ($X), together comprising 54% of global exports. The UK, the Netherlands, Saudi Arabia, India and Switzerland lagged somewhat behind, together comprising a further 37%.

Among the main exporting countries, India, with a CAGR of +27.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average acetic anhydride export price amounted to $X per ton, surging by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2018 an increase of 20%. The global export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the other global leaders experienced more modest paces of growth.

Acetic Anhydride Imports

Imports

Global acetic anhydride imports reduced to X tons in 2021, which is down by -3.9% compared with the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Global imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, acetic anhydride imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 28% against the previous year. Global imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Belgium represented the largest importing country with an import of about X tons, which finished at 33% of total imports. Germany (X tons) took the second position in the ranking, followed by the Netherlands (X tons), the United States (X tons), India (X tons) and Switzerland (X tons). All these countries together took near 44% share of total imports. South Korea (X tons), France (X tons), Italy (X tons), Spain (X tons), Norway (X tons) and Singapore (X tons) followed a long way behind the leaders.

Imports into Belgium increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, India (+33.9%), Switzerland (+5.2%), Spain (+4.9%), Norway (+4.0%), South Korea (+3.1%), the Netherlands (+2.5%) and the United States (+1.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +33.9% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, Italy (-1.6%), Singapore (-2.8%) and France (-5.0%) illustrated a downward trend over the same period. While the share of India (+5.4 p.p.), Belgium (+4 p.p.), the Netherlands (+2.2 p.p.) and Switzerland (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of France (-1.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 51% of global imports. The United States, India, Switzerland, South Korea, France, Italy, Spain, Norway and Singapore lagged somewhat behind, together accounting for a further 37%.

India, with a CAGR of +37.4%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average acetic anhydride import price amounted to $X per ton, increasing by 32% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of acetic anhydride consumption in 2021 were the United States, Mexico and Belgium, together accounting for 49% of global consumption. These countries were followed by Germany, the UK, Saudi Arabia, the Netherlands, India, France, South Korea, Switzerland, China and Denmark, which together accounted for a further 42%.
The countries with the highest volumes of acetic anhydride production in 2021 were the United States, the UK and Mexico, together accounting for 81% of global production. Saudi Arabia, India and China lagged somewhat behind, together accounting for a further 18%.
In value terms, the largest acetic anhydride supplying countries worldwide were Belgium, the United States and the UK, with a combined 55% share of global exports. The Netherlands, Mexico, India and Saudi Arabia lagged somewhat behind, together comprising a further 32%.
In value terms, Belgium, Germany and the Netherlands constituted the countries with the highest levels of imports in 2021, together accounting for 55% of global imports. These countries were followed by the United States, Switzerland, France, South Korea, Italy, Spain, India, Singapore and Norway, which together accounted for a further 32%.
The average acetic anhydride export price stood at $1,079 per ton in 2021, growing by 21% against the previous year.
In 2021, the average acetic anhydride import price amounted to $1,000 per ton, growing by 23% against the previous year.

This report provides an in-depth analysis of the global acetic anhydride market. 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 20143277 - Acetic anhydride

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL 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. 9. GLOBAL 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. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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
  13. 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

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