Acetic Acid Price Report, Index, Chart and Forecast

Acetic Acid Industrial Grade Price Trends and Outlook (Ex-Works China)

The industrial-grade acetic acid market in China has experienced notable price fluctuations over the past two years. A year-on-year (YoY) comparison of prices from October to December shows a consistent decline from 2023 to 2024. In October 2023, the price stood at 550 USD/MT, dropping by 21% to 435 USD/MT in October 2024. This sharp decrease is indicative of weakened demand, oversupply, or broader economic slowdowns affecting raw material and energy costs.

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November followed a similar trend, with prices falling from 435 USD/MT in 2023 to 395 USD/MT in 2024 - a 9% YoY decrease. While the drop was less dramatic compared to October, it still reflects a downward pricing pressure in the market. December continued the pattern, with prices sliding from 465 USD/MT in 2023 to 402 USD/MT in 2024, marking a 14% decline.

Several factors may have contributed to this sustained downward trend, including sluggish demand from downstream industries such as paints, adhesives, textiles, and packaging. Moreover, global economic uncertainties and reduced manufacturing activity in key regions have further weighed on the market.

Looking ahead, Expert Market Research anticipates that prices for industrial-grade acetic acid are likely to remain stable in 2025, with a potential for a slight dip. This forecast suggests a market moving toward equilibrium, where supply and demand balance out without major disruptions. However, any significant geopolitical changes, shifts in crude oil prices, or regulatory developments related to environmental controls could still impact pricing dynamics.

The acetic acid market has seen declining prices over the last year, with a cautiously optimistic outlook for 2025 marked by stability and marginal price corrections.

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Global Acetic Acid Market Overview: Exporters, Importers, and Key Suppliers

The international acetic acid market is shaped by a complex network of exporting and importing countries, supported by major chemical producers who drive supply across regions. This interdependence among nations and corporations reflects the chemical's vital role in various industrial applications, including the production of adhesives, textiles, plastics, and pharmaceuticals.

Leading Exporting Countries

China is the world's largest exporter of industrial-grade acetic acid, leveraging its vast production capacity and cost efficiency. The United States also plays a key role in global exports, supported by its advanced chemical manufacturing infrastructure. European countries like France, Italy, Belgium, and the United Kingdom contribute to exports primarily through specialty chemicals. Japan remains a consistent exporter in the Asia-Pacific region, and Brazil's growing chemical industry adds to South America's presence in the export market.

Leading Importing Countries

On the import side, Canada is a major destination for acetic acid shipments, driven by domestic demand and limited local production. Turkey and India represent significant importers due to their large-scale manufacturing sectors, especially in textiles and pharmaceuticals. Singapore, acting as a key trading hub in Southeast Asia, also imports substantial volumes. European countries such as Spain, the Netherlands, Poland, and Switzerland exhibit strong demand for acetic acid, fueled by diverse industrial uses and integration into broader European supply chains.

Major Suppliers

The global acetic acid supply chain is anchored by a few dominant chemical companies. Celanese Corporation and Eastman Chemical Company, both based in the United States, are leading global suppliers with extensive distribution networks. LyondellBasell Industries, operating across the USA and the Netherlands, is another key player. Japan's Daicel Corporation is known for its technological expertise and high-purity acetic acid production. From India, Jubilant Ingrevia Ltd. is an important supplier, particularly in emerging markets. The UK-based INEOS Group contributes significantly through its European operations. China is represented by Liaoyang Petrochemical and PetroChina, both crucial to the country's export dominance and regional supply.

Together, these suppliers ensure consistent global availability of acetic acid, meeting the varied needs of industries worldwide.

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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Acetic Acid Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for acetic acid. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing acetic acid prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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This release was published on openPR.