North America Acetic Acid Prices Movement Last Quarter:
Acetic Acid Prices in the United States:
Product | Category | Price |
Acetic Acid | Petrochemicals | 736 USD/MT |
In Q2 2024, acetic acid prices in the U.S. rose to 736 USD/MT in June, largely due to the increased cost of feedstock methanol and higher production expenses caused by rising natural gas prices. Despite these challenges, the market demonstrated resilience as strategic responses to shifting economic conditions ensured a stable supply to meet both domestic and international demand. As reflected in the Acetic Acid Prices Graph, these price fluctuations mirrored the broader impact of volatile energy costs on the chemical industry, influencing price trends throughout the quarter.
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Note: The analysis can be tailored to align with the customer's specific needs.
APAC Acetic Acid Prices Movement Last Quarter:
Acetic Acid Prices in Japan:
Product | Category | Price |
Acetic Acid | Petrochemicals | 435 USD/MT |
In Q2 2024, acetic acid prices in Japan declined, reaching 435 USD/MT in June, reflecting a broader negative market sentiment. This price drop was influenced by seasonality, as the second half of the quarter saw falling prices compared to the first. Additionally, minimal demand from the construction sector contributed to the weaker market conditions. The Acetic Acid Price Index clearly illustrates this downward trend, highlighting how these factors combined to push prices lower throughout the quarter, showing a subdued outlook for the industry during this period.
Regional Analysis: The price analysis can be extended to provide detailed Acetic Acid price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Acetic Acid Prices Movement Last Quarter:
Acetic Acid Prices in Germany:
Product | Category | Price |
Acetic Acid | Petrochemicals | 760 USD/MT |
In Q2 2024, acetic acid prices in Germany rose to 760 USD/MT in June, driven by strong demand from the construction sector and foreign direct investment, despite challenges such as labor shortages and strike actions. Seasonality also played a key role, with higher restocking activities in anticipation of the holiday season further pushing prices upward. The Acetic Acid Price Trend during this period reflects the resilience of the market, where demand from key industries and strategic economic investments helped offset the pressures of labor disruptions, resulting in a notable price increase.
Regional Analysis: The price analysis can be expanded to include detailed Acetic Acid price data for a wide range of European countries:
such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
MEA Acetic Acid Prices Movement Last Quarter:
Acetic Acid Prices in Saudi Arabia:
Product | Category | Price |
Natural Gas | Petrochemicals | 335 USD/MT |
In Q2 2024, acetic acid prices in Saudi Arabia fluctuated, reaching 335 USD/MT in June, due to a mix of factors. A surge in demand from the construction sector led to periodic price increases, while high inventory levels and stable methanol prices exerted downward pressure on the market. This volatility in the pricing trend highlights the dynamic balance between demand and supply factors in the region. As the market adjusts, experts closely monitor the Acetic Acid Price Forecast to better understand potential future price movements, driven by both domestic demand fluctuations and global market influences.
Regional Analysis: The price analysis can be extended to provide detailed natural gas price information for the following list of countries.
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.
Factors Affecting Acetic Acid Demand and Prices:
Several factors influence Acetic Acid demand and prices, including feedstock availability, government policies, energy market trends, and global economic conditions. The supply and cost of raw materials, such as vegetable oils and animal fats, directly impact production expenses and market prices. Government policies, including renewable fuel mandates and subsidies, play a crucial role in shaping demand by promoting Acetic Acid as a sustainable alternative. Additionally, fluctuations in crude oil prices influence Acetic Acid competitiveness, as higher fossil fuel prices make Acetic Acid a more attractive option. Seasonal variations in energy demand, trade regulations, and geopolitical events also contribute to market volatility, affecting both supply and pricing dynamics.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors Influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Acetic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Acetic Acid price trend, offering key insights into global Acetic Acid market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Acetic Acid demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals, licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis and regional insights covering Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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