The Acetic Acid Esters market in Germany displayed variability over the past decade with volume peaking at 513.86 million kilograms in 2018, followed by a downturn, particularly in 2020 with 425.9 million kilograms. By 2023, the market size reached 479.41 million kilograms. Year-on-year analysis shows a recovery trend post-2020 with a 1.58% increase in 2023. However, the five-year CAGR from 2018 to 2023 at -1.38% indicates a decline over this period.
Future trends to watch include potential recovery in industrial demand, potential shifts towards bio-based esters, and evolving regulations potentially impacting production and consumption patterns.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 479,410,000 | 2023 | +1.58% | -1.38% | |
| 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% | View data |