Ethyl Acetate Price in USA
- Unites States: 1734 USD/MT
In December of Q4 2023, ethyl acetate prices in the United States surged to 1734 USD/MT. The US market observed reduced demand from the global market, while natural gas prices remained stable within a certain range.
The latest report by IMARC Group, titled "Ethyl Acetate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethyl acetate price trend. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive ethyl acetate price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Ethyl Acetate Prices December 2023:
- Unites States: 1734 USD/MT
- Japan: 1013 USD/MT
- Belgium: 1037 USD/MT
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The study delves into the factors affecting ethyl acetate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethyl-acetate-pricing-report/requestsample
Ethyl Acetate Price Trend- Q4 2023
The ethyl acetate market in North America during the first quarter of 2024 experienced notable fluctuations driven by a mix of supply-demand dynamics, feedstock costs, and the performance of downstream industries. In the USA, despite robust demand from sectors such as construction, ethyl acetate prices exhibited a slight decline. An initial price increase in the first half of the quarter was observed compared to the previous period, but prices eventually trended downwards. Year-on-year comparisons indicate substantial price growth, though the specific percentage is unspecified, pointing to significant price escalation over the past year. Overall, the pricing environment in North America was influenced by robust demand, escalating feedstock costs, and seasonal patterns.
Ethyl Acetate Market Analysis
The global ethyl acetate market size reached US$ 5.8 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 10.3 Billion, at a projected CAGR of 6.50% during 2023-2032. In the APAC region, particularly in Japan, the first quarter of 2024 saw a marked decrease in ethyl acetate prices due to factors such as weak demand from the construction industry, high inventories, and low import costs from China. The overall trend was negative, with a significant decrease compared to the same quarter last year and a further decline within the quarter. The price movements in Japan reflect a bearish market sentiment driven by weak demand, high inventories, and low import costs. Seasonality and correlation in price changes also played a role in shaping the market.
In Europe, the first quarter of 2024 witnessed increasing prices for ethyl acetate, driven by heightened demand from the construction sector, dwindling inventories, and elevated import prices from China. Despite challenges such as reduced demand and bankruptcies in various sectors, the construction industry in Belgium showed resilience. However, a decline in manufacturing activity mirrored domestic supply trends for ethyl acetate. The overall pricing environment in Europe was characterized by strong demand, limited supply, and rising import costs, reflecting a favorable trend for the region. These regional trends highlight the complex interplay of factors influencing the ethyl acetate market, including sector-specific demands, inventory levels, and the global supply chain. Stakeholders in the ethyl acetate market must navigate these fluctuations effectively to optimize their strategies amidst changing market conditions. The favorable trend in Europe was marked by strong demand, limited supply, and rising import costs.
Key Points Covered in the Ethyl Acetate Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Ethyl Acetate Prices
- Ethyl Acetate Price Trend
- Ethyl Acetate Demand & Supply
- Ethyl Acetate Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Ethyl Acetate Price Analysis
- Ethyl Acetate Industry Drivers, Restraints, and Opportunities
- Ethyl Acetate News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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