Ethyl Acetate Price in USA
- United States: 1671 USD/MT
During the second quarter of 2024, the ethyl acetate prices in the United States reached 1671 USD/MT in June.
The latest report by IMARC Group, titled "Ethyl Acetate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition," provides a thorough examination of ethyl acetate prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive 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 Analysis:
- Japan: 979 USD/MT
- Germany: 1293 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
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- Last Quarter
The ethyl acetate market is primarily driven by its widespread use as a solvent in various industrial applications, particularly in the coatings, adhesives, and paints sectors. Its excellent solvency properties, low toxicity, and pleasant odor make it an ideal choice for these applications, contributing to its increasing demand. The growing automotive and construction industries are significant contributors to this trend, as they require high-quality coatings and adhesives that utilize ethyl acetate. The food and beverage (FB) sector also play a crucial role, as ethyl acetate is commonly used as a flavoring agent and food additive, bolstering its consumption in this area. Likewise, advancements in production technologies are enhancing the efficiency and cost-effectiveness of ethyl acetate manufacturing, making it more accessible to various end-users.
Ethyl Acetate Industry Analysis
In Q2 2024, the ethyl acetate market in North America experienced a rise in prices at the quarter's onset, fueled by market activity and supply constraints. Meanwhile, despite strong manufacturing and increased orders from Europe and Asia, the market encountered price declines due to high inventory levels, weak demand from downstream sectors, and escalating production costs driven by natural gas prices. As the quarter progressed, the market faced declining trends, particularly in the USA, where steady construction demand was unable to offset excess inventories.
Besides this, the APAC region began with rising ethyl acetate prices as traders engaged in inventory restocking. However, the market quickly shifted to a downward trend due to reduced import costs from China, high inventory levels, and lackluster demand from the construction sector. Consistent price reductions became evident as traders struggled with lower inventory turnover and heightened competition.
Japan saw the most significant price fluctuations, reflecting broader regional trends and an overall negative market sentiment, as persistent challenges led to continued price declines throughout the quarter. Besides this, the European market displayed mixed pricing dynamics, influenced by various economic and supply chain factors.
Moreover, prices initially rose due to increased production costs for feedstock and high methanol prices, compounded by geopolitical tensions affecting shipping routes. Furthermore, despite these hurdles, robust demand from the construction sector, supported by positive economic sentiment and foreign direct investment, helped maintain market activity. Germany experienced notable price increases compared to previous quarters, driven by consistent construction activity.
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.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
