The World Market for Acetic Acid and Its Salts: A 2016 Global Trade Perspective

1 METHODOLOGY 9
1.1 Our Approach 9
2 THE WORLD MARKET 16
2.1 Exports 16
2.1.1 The World Market: Acetic Acid and Its Salts Export Supplies in 2016 16
2.2 Imports 18
2.2.1 The World Market: Imported Acetic Acid and Its Salts in 2016 18
3 EXPORTS 22
3.1 Africa: Export Supplies of Acetic Acid and Its Salts 22
3.1.1 Executive Summary 22
3.1.2 Equatorial Guinea 25
3.1.3 Nigeria 26
3.1.4 South Africa 26
3.1.5 Tunisia 26
3.1.6 Uganda 27
3.2 Asia: Export Supplies of Acetic Acid and Its Salts 27
3.2.1 Executive Summary 27
3.2.2 China 31
3.2.3 Hong Kong 32
3.2.4 India 33
3.2.5 Indonesia 34
3.2.6 Japan 34
3.2.7 Malaysia 35
3.2.8 Philippines 35
3.2.9 Singapore 36
3.2.10 South Korea 37
3.2.11 Taiwan 38
3.2.12 Thailand 39
3.3 Europe: Export Supplies of Acetic Acid and Its Salts 39
3.3.1 Executive Summary 39
3.3.2 Austria 44
3.3.3 Belgium 45
3.3.4 Bulgaria 46
3.3.5 Czech Republic 46
3.3.6 Denmark 46
3.3.7 Estonia 47
3.3.8 Finland 48
3.3.9 France 49
3.3.10 Germany 50
3.3.11 Hungary 51
3.3.12 Italy 51
3.3.13 Latvia 52
3.3.14 Lithuania 52
3.3.15 Macedonia 52
3.3.16 Norway 53
3.3.17 Poland 53
3.3.18 Portugal 54
3.3.19 Romania 54
3.3.20 Russia 55
3.3.21 Slovakia 55
3.3.22 Slovenia 56
3.3.23 Spain 56
3.3.24 Sweden 57
3.3.25 the Netherlands 58
3.3.26 Ukraine 59
3.4 Latin America: Export Supplies of Acetic Acid and Its Salts 60
3.4.1 Executive Summary 60
3.4.2 Brazil 63
3.4.3 Colombia 64
3.4.4 Honduras 64
3.4.5 Mexico 64
3.5 North America & the Caribbean: Export Supplies of Acetic Acid and Its Salts 65
3.5.1 Executive Summary 65
3.5.2 Aruba 68
3.5.3 Canada 69
3.5.4 the United States 70
3.6 Oceana: Export Supplies of Acetic Acid and Its Salts 71
3.6.1 Executive Summary 71
3.6.2 Australia 73
3.6.3 New Zealand 74
3.7 the Middle East: Export Supplies of Acetic Acid and Its Salts 74
3.7.1 Executive Summary 74
3.7.2 Israel 77
3.7.3 Kuwait 78
3.7.4 Lebanon 78
3.7.5 Oman 78
3.7.6 Saudi Arabia 79
3.7.7 Turkey 79
4 IMPORTS 80
4.1 Africa: Acetic Acid and Its Salts Imports in 2016 80
4.1.1 Executive Summary 80
4.1.2 Algeria 84
4.1.3 Botswana 84
4.1.4 Cameroon 85
4.1.5 Cote d'Ivoire 85
4.1.6 Egypt 86
4.1.7 Ethiopia 86
4.1.8 Ghana 87
4.1.9 Madagascar 87
4.1.10 Mali 87
4.1.11 Mauritania 88
4.1.12 Mauritius 88
4.1.13 Morocco 89
4.1.14 Mozambique 89
4.1.15 Namibia 89
4.1.16 Nigeria 90
4.1.17 Rwanda 90
4.1.18 Senegal 90
4.1.19 South Africa 91
4.1.20 Sudan 91
4.1.21 Uganda 92
4.1.22 Zimbabwe 92
4.2 Asia: Acetic Acid and Its Salts Imports in 2016 92
4.2.1 Executive Summary 92
4.2.2 Brunei 96
4.2.3 Cambodia 97
4.2.4 China 97
4.2.5 Hong Kong 98
4.2.6 India 99
4.2.7 Indonesia 100
4.2.8 Japan 101
4.2.9 Malaysia 101
4.2.10 Papua New Guinea 102
4.2.11 Philippines 102
4.2.12 Singapore 103
4.2.13 South Korea 103
4.2.14 Sri Lanka 104
4.2.15 Taiwan 104
4.2.16 Thailand 105
4.2.17 Vietnam 105
4.3 Europe: Acetic Acid and Its Salts Imports in 2016 106
4.3.1 Executive Summary 106
4.3.2 Albania 109
4.3.3 Austria 110
4.3.4 Belarus 110
4.3.5 Belgium 111
4.3.6 Bosnia and Herzegovina 112
4.3.7 Bulgaria 112
4.3.8 Croatia 113
4.3.9 Cyprus 113
4.3.10 Czech Republic 114
4.3.11 Denmark 114
4.3.12 Estonia 115
4.3.13 Finland 115
4.3.14 France 116
4.3.15 Georgia 116
4.3.16 Germany 117
4.3.17 Greece 118
4.3.18 Hungary 118
4.3.19 Iceland 119
4.3.20 Ireland 119
4.3.21 Italy 120
4.3.22 Kazakhstan 120
4.3.23 Latvia 121
4.3.24 Lithuania 121
4.3.25 Luxembourg 122
4.3.26 Macedonia 122
4.3.27 Malta 122
4.3.28 Moldova 123
4.3.29 Norway 123
4.3.30 Poland 124
4.3.31 Portugal 124
4.3.32 Romania 125
4.3.33 Russia 125
4.3.34 Slovakia 126
4.3.35 Slovenia 126
4.3.36 Spain 127
4.3.37 Sweden 128
4.3.38 the Netherlands 129
4.3.39 Ukraine 129
4.4 Latin America: Acetic Acid and Its Salts Imports in 2016 130
4.4.1 Executive Summary 130
4.4.2 Argentina 134
4.4.3 Bolivia 134
4.4.4 Brazil 135
4.4.5 Chile 135
4.4.6 Colombia 136
4.4.7 Costa Rica 136
4.4.8 Ecuador 137
4.4.9 El Salvador 137
4.4.10 Guatemala 138
4.4.11 Guyana 138
4.4.12 Honduras 139
4.4.13 Mexico 139
4.4.14 Nicaragua 140
4.4.15 Paraguay 140
4.4.16 Peru 141
4.4.17 Uruguay 141
4.5 North America & the Caribbean: Acetic Acid and Its Salts Imports in 2016 141
4.5.1 Executive Summary 141
4.5.2 Canada 146
4.5.3 Dominica 146
4.5.4 Dominican Republic 147
4.5.5 Jamaica 147
4.5.6 the Bahamas 148
4.5.7 the United States 148
4.6 Oceana: Acetic Acid and Its Salts Imports in 2016 149
4.6.1 Executive Summary 149
4.6.2 Australia 153
4.6.3 Fiji 153
4.6.4 New Caledonia 153
4.6.5 New Zealand 154
4.7 the Middle East: Acetic Acid and Its Salts Imports in 2016 154
4.7.1 Executive Summary 154
4.7.2 Armenia 157
4.7.3 Azerbaijan 158
4.7.4 Israel 158
4.7.5 Jordan 159
4.7.6 Kyrgyzstan 159
4.7.7 Lebanon 159
4.7.8 Oman 160
4.7.9 Pakistan 160
4.7.10 Turkey 161
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 162
5.1 Disclaimers & Safe Harbor 162
5.2 ICON Group International, Inc. User Agreement Provisions 163


This report was created for strategic planners, international executives and import/export managers who are concerned with the market for acetic acid and its salts. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for acetic acid and its salts for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models.

On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying acetic acid and its salts? What is the dollar value of these imports? How much do the imports of acetic acid and its salts vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of acetic acid and its salts? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?

In what follows, Chapter 2 begins by summarizing the regional markets for imported and exported acetic acid and its salts. The total level of imports and exports on a worldwide basis, and those for each region, is based on a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the shares that countries are likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports, Chapter 3 details the exports of acetic acid and its salts, for each individual country. Chapter 4 does the same, but for imports of acetic acid and its salts for all countries in the world. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present the complete picture for imports and exports of acetic acid and its salts to and from all major countries in the world. Of the 150 countries considered, if a country is not reported here it is therefore estimated to have only a negligible level of trade in acetic acid and its salts (i.e. their market shares are close or equal to zero percent). "Acetic Acid and Its Salts" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "acetic acid and its salts" is 51371. For more information on this definition, please refer to the following web site:
http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=513 .

To ensure that you have the most current version of this report, please visit the ICON Group website at www.icongrouponline.com.

Important Caveat. The figures should be seen as market estimates, as opposed to historical records, as these are forecasted for the current year of trade. More importantly, in light of the fact that unforeseeable factors might interrupt markets in achieving their reported levels, the figures should be seen as estimates of potential. For example, "mad cow" disease, foot-and-mouth disease, trade embargoes, labor disputes, military conflicts, acts of terrorism and other events will certainly affect the actual trade flows recorded for a variety of industry or product categories. In such cases, the difference between the numbers given in this report and the numbers actually observed might be interpreted as the "net loss" or "net gain" due to these exogenous events affecting regular trade flows that would have occurred had these events not have taken place.

Related Reports. This report was created for the market for acetic acid and its salts. Closely related reports published by ICON Group include the following:

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