The acetic acid esters market in Sweden experienced a declining trend from 2012 to 2022, decreasing from 33.899 million kilograms in 2012 to 27.498 million kilograms in 2022. A notable year-on-year drop can be seen in 2019 and 2020 with declines of 5.65% and 6.03% respectively. The compound annual growth rate (CAGR) over the past five years indicates an average decrease of around 3.95% per year. By 2023, the market continued to face downward pressure, driven by various economic and market dynamics.
Future trends to watch for include:
- Potential market stabilization or recovery efforts aimed at reversing current trends.
- Emerging applications in sectors that could boost demand for acetic acid esters.
- Policy changes or technological advancements that impact production or consumption levels.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 479,410,000 | 2023 | +1.58% | -1.38% | View data |
| 2 | 2 Italy | 145,940,000 | 2023 | -0.14% | -0.67% | View data |
| 3 | 3 Spain | 130,210,000 | 2023 | +4.06% | -0.51% | View data |
| 4 | 4 Netherlands | 80,142,000 | 2023 | +2.5% | -0.66% | View data |
| 5 | 5 Sweden | 28,085,000 | 2023 | -2.43% | -2.43% | |
| 6 | 6 Romania | 3,561,100 | 2023 | -0.22% | -0.15% | View data |
| 7 | 7 Hungary | 2,246,900 | 2023 | -0.053% | -0.23% | View data |