Ethyl Acetate Price in USA

• Unites States: 1734 USD/MT

In December of Q4 2023, ethyl acetate prices in the United States surged to 1734 USD/MT. The US market observed reduced demand from the global market, while natural gas prices remained stable within a certain range.

The latest report by IMARC Group, titled "Ethyl Acetate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethyl acetate price trend. This report delves into the price of ethyl acetate globally, presenting a detailed analysis, along with informative ethyl acetate price chart. Through comprehensive ethyl acetate 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 ethyl acetate 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 December 2023:

• Unites States: 1734 USD/MT
• Japan: 1013 USD/MT
• Belgium: 1037 USD/MT

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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- Q4 2023

The cost of feedstock and downstream demand across a range of industries impact the ethyl acetate market. The ethyl acetate market dynamics in the final quarter of 2023 were influenced by a moderate supply and notable inventory levels in main regions, such as North America, Asia-Pacific (APAC), and Europe. The market in North America was experiencing severe destocking as a result of a combination of declining demand from important downstream industries like construction and growing feedstock acetic acid prices. High borrowing rates, which were 5.5%, had a specific impact on this sector's demand by limiting the purchasing power and investment potential of ethyl acetate-dependent firms. These economic pressures put the stability of the market to the test even as factory operations continued unhindered.

Ethyl Acetate Market Analysis

The global ethyl acetate market size reached US$ 5.8 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 10.3 Billion, at a projected CAGR of 6.50% during 2023-2032. Ethyl acetate prices saw a noticeable decrease in the APAC area, falling by 8% from the previous quarter. The destocking operations, the construction industry slowdown, and the high levels of inventory that were prevalent in North America served as the foundation for this trend. Despite these challenges, the Japanese market proved resilient, keeping prices steady and averting major supply chain interruptions. This stability resulted from a lack of plant closures, which kept a consistent supply of ethyl acetate despite price pressure. Due to high inventory levels and rising production input costs, such as those for natural gas and coal gas, Europe had a similar trend of stable but declining prices overall. The 2% increase in ethyl acetate pricing in Belgium, on the other hand, was a minor outlier that can be attributed to a complicated web of regional market factors.

The ethyl acetate market was seeing price pressure in the final quarter of 2023 in various geographical areas. High levels of inventories, the price of feedstocks, and varying demand from important downstream industries like construction were the variables impacting these trends. High interest rates made the problems facing the market much worse by lowering purchasing power and decreasing demand. Some areas, like Belgium and Japan, were able to keep some level of market stability despite these challenges.

Key Points Covered in the Ethyl Acetate Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Ethyl Acetate Prices
• Ethyl Acetate Price Trend
• Ethyl Acetate Demand & Supply
• Ethyl Acetate Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Ethyl Acetate Price Analysis
• Ethyl Acetate Industry Drivers, Restraints, and Opportunities
• Ethyl Acetate News and Recent developments
• Global Event Analysis
• List of Key Players

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

Browse More Pricing Reports By IMARC Group:

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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