The acetic acid market in Germany experienced notable fluctuations from 2013 to 2023. In 2023, the market volume was 394.56 million kilograms. The market showed a decline in recent years, with a year-on-year decrease of 2.45% in 2023. The last five years recorded a compound annual growth rate (CAGR) of -3.07%, indicating a downward trend.
Future trends to watch for include potential market recovery or further decline due to changes in demand. Key factors include industrial applications expansion, environmental regulations, and shifts in the global supply chain. Monitoring these elements will be important for understanding the market trajectory.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 394,560,000 | 2023 | +2.45% | -3.07% | |
| 2 | 2 Italy | 33,714,000 | 2023 | -2.79% | -2.14% | View data |
| 3 | 3 Denmark | 8,115,300 | 2023 | +1.34% | +1.33% | View data |
| 4 | 4 Finland | 6,792,200 | 2023 | +0.37% | +0.92% | View data |
| 5 | 5 Hungary | 1,970,200 | 2023 | -6.04% | -5.1% | View data |
