Serbia - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Serbia - 2023
Contents:
- Acetone Price in Serbia (CIF) - 2022
- Acetone Price in Serbia (FOB) - 2022
- Acetone Imports in Serbia
- Acetone Exports in Serbia
Acetone Price in Serbia (CIF) - 2022
The average acetone import price stood at $1,149 per ton in 2022, shrinking by -16.8% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 61%. The import price peaked at $1,445 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,822 per ton), while the price for Poland ($941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.1%), while the prices for the other major suppliers experienced a decline.
Acetone Price in Serbia (FOB) - 2022
The average acetone export price stood at $3,242 per ton in 2022, falling by -15.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 38% against the previous year. The export price peaked at $4,168 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($4,323 per ton), while the average price for exports to North Macedonia ($1,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Acetone Imports in Serbia
Acetone imports into Serbia shrank to 880 tons in 2022, declining by -7.7% against 2021 figures. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.7%.
In value terms, acetone imports shrank significantly to $1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 52%.
Import of Acetone in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 195 | 437 | 567 | 359 | 22.6% |
Slovenia | 53.7 | 72.9 | 44.6 | 123 | 31.8% |
Germany | 158 | 146 | 188 | 121 | -8.5% |
France | 54.2 | 76.8 | 46.4 | 117 | 29.2% |
Netherlands | 114 | 20.2 | 97.9 | 81.1 | -10.7% |
Italy | 51.4 | 77.6 | 64.2 | 64.9 | 8.1% |
Turkey | N/A | N/A | N/A | 50.1 | 0% |
Russia | 19.9 | 146 | 259 | 24.1 | 6.6% |
Others | 18.4 | 35.1 | 51.4 | 71.4 | 57.1% |
Total | 665 | 1,012 | 1,318 | 1,012 | 15.0% |
Top Suppliers of Acetone to Serbia in 2022:
- Poland (381.7 tons)
- Slovenia (114.3 tons)
- Germany (77.4 tons)
- Netherlands (73.5 tons)
- France (64.0 tons)
- Italy (58.8 tons)
- Turkey (48.0 tons)
- Russia (19.0 tons)
Acetone Exports in Serbia
In 2022, approx. 36 tons of acetone were exported from Serbia; declining by -11.5% on 2021. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year.
In value terms, acetone exports shrank markedly to $118K in 2022. Overall, exports showed a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $158K, and then dropped rapidly in the following year.
Export of Acetone in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 99.3 | 111 | 130 | 98.9 | -0.1% |
North Macedonia | 21.2 | 9.8 | 12.2 | 13.3 | -14.4% |
Montenegro | 6.6 | 4.6 | 15.8 | 5.7 | -4.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 127 | 126 | 158 | 118 | -2.4% |
Top Export Markets for Acetone from Serbia in 2022:
- Bosnia and Herzegovina (27.8 tons)
- North Macedonia (7.3 tons)
- Montenegro (1.3 tons)
This report provides an in-depth analysis of the acetone market in Serbia. 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 20146211 - Acetone
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for ketone and quinone, including the United States, China, Germany, and more. Understand the key statistics and market trends using IndexBox market intelligence platform.
In 2016, approx. X tons of ketone and quinone were imported worldwide- reducing by -X% against the previous year level. In general, ketone and quinone imports continue to indicate a slight slum...
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