Ethyl Acetate Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Ethyl Acetate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Ethyl Acetate Price Trend for the First Half of 2023

Asia

Mixed price trends were observed for Ethyl Acetate in the Asian market. Prices rose initially in the first quarter as the downstream demands from aroma and flavour industries inclined owing to the Chinese New Year holidays. But as the holidays got over a steady decline in demand was noticed in the second quarter. As the inventory levels rose and could cater to declining demands, ethyl acetate prices started falling in the Asian market.

Europe

The European Ethyl Acetate market had a good start in early Q1, but by the mid of Q1, prices started plummeting and continued to plunge till the end of Q2. The decline in the market offtakes primarily caused the prices to fall, but the decline in upstream costs also contributed to the falling prices. As crude oil and energy prices declined, manufacturing costs were cut down, while the reduction in transportation charges with freight normalization also brought the upstream costs down. Overall, low swinging price trends were observed.

North America

Contrary to the global pattern, the price trends of Ethyl Acetate performed fairly well in the American market during H1’23. Prices continued to grow during both quarters. The rise in demands from the downstream coating and adhesive industries remained the major driving factor. Continuous movement in inventory stocks also supported the inclining prices. As the industrial maintenance season constricted the supplies, prices got boosted. Overall, the market showed bullish behaviour.

Analyst Insight

According to the Procurement Resource, the Ethyl Acetate market is expected to continue fluctuating in the coming months, given the regional imbalances in downstream demands.

Procurement Resource provides latest prices of Ethyl Acetate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customization of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Ethyl Acetate is a carboxylate ester. It is a colourless liquid that has a sweet, fruity odour that most people find pleasant. Ethyl Acetate is a polar aprotic solvent. It has two dipole moments, generated by its two high electronegative oxygen atoms, which are on the carbonyl and ethyl groups.

Ethyl Acetate is a standard solvent, which is especially used for paints, varnishes, lacquers, cleaning, and perfumes. In a laboratory, Ethyl Acetate is used as a universal solvent in the process of thin-layer and column chromatography.

Product Details

Report Features Details
Product Name Ethyl Acetate
Industrial Uses Artificial Fruit Essence, Aroma Enhancers, Artificial Flavours for Confectionary, Ice Cream and Cakes, Solvent for Varnishes and Paints, Printing Inks, Perfumes
Chemical Formula CH3COOC2H5
Synonyms 141-78-6, Ethyl Ethanoate , Acetic Acid Ethyl Ester, Acetoxyethane, Acetic Ester
Molecular Weight 88.11g/mol
Supplier Database Solvay S.A, Merck KGaA, Jiangsu Sopo Corporation (Group) Ltd , Celanese Corporation
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Ethyl Acetate via Fischer Esterification; via Dehydrogenation of Ethanol; and via Tishchenko Reaction

Ethyl Acetate is produced from the reaction of ethanol and acetic acid. The process includes a small amount of sulphuric acid to be preheated and then refluxed by feeding it into an esterifying column.

The mixture then goes through to a second refluxing column, to remove around 85% ethyl acetate. Then, the water is mixed and it causes a separation into two layers. The residue is then fed into another refluxing column to remove any final impurities to manufacture 95% Ethyl Acetate.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.


Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.


Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.