In 2023, the Netherlands led European exports of acetic acid, accounting for over half of the market share at 51.47%, a significant increase of 17.8% from the previous year. Germany followed with a 26.45% share and a moderate growth of 3.87%. Italy and Bulgaria saw notable growth at 14.4% and 11.58% respectively, while Poland and Spain observed declines, with Spain's exports plummeting by 100%. Luxurious growth trends were observed in smaller markets like Croatia.
Looking forward, key trends to watch involve potential shifts in production capacities and demand fluctuations across countries. Renewable acetic acid production and the impact of global supply chain dynamics could alter market shares, favoring nations with adaptable infrastructures.
Top countries in Export of Acetic Acid Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 51.47 | 2023 | +21.03% | +17.8% | View data |
| 2 | 2 Germany | 26.45 | 2023 | +4.51% | +3.87% | View data |
| 3 | 3 Poland | 6.42 | 2023 | -1.15% | -7.78% | View data |
| 4 | 4 Sweden | 5.02 | 2023 | +4.07% | +5.73% | View data |
| 5 | 5 Italy | 3.2 | 2023 | +6.22% | +14.4% | View data |
| 6 | 6 Belgium | 2.19 | 2023 | -8.04% | -3.47% | View data |
| 7 | 7 Spain | 1.77 | 2023 | View data | ||
| 8 | 8 Bulgaria | 1.17 | 2023 | +5.56% | +11.58% | View data |
| 9 | 9 Portugal | 1.08 | 2023 | +19.54% | -3.55% | View data |
| 10 | 10 Austria | 0.69 | 2023 | +98.5% | View data |