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EU - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

EU - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights

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May 25, 2022

EU Ethylene Glycol Imports Soar to $1.5B

IndexBox has just published a new report: 'EU - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The EU ethylene glycol market was estimated at approx. $2.7B in 2021. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price). 

Germany, Italy and Poland were the countries with the highest levels of market value in 2021, with a combined 48% share of the total market. Spain, Belgium, Lithuania, the Netherlands and Romania lagged somewhat behind, together comprising a further 33%. 

EU Ethylene Glycol Consumption by Country

Consumption of ethylene glycol (ethanediol) in the European Union was estimated at approx. 3.1M tons in 2021. Germany constituted the country with the largest volume of ethylene glycol consumption, comprising approx. 29% of total volume. Moreover, ethylene glycol consumption in Germany exceeded the figures recorded by the second-largest consumer, Italy, twofold. The third position in this ranking was taken by Poland (284K tons), with a 9% share. 

EU Ethylene Glycol Production

In 2021, approx. 2.4M tons of ethylene glycol were produced in the European Union. The total output volume increased at an average annual rate of +1.6% from 2011 to 2021. The countries with the highest volumes of ethylene glycol production in 2021 were Germany, Belgium and Italy, with a combined 64% share of total production.

Over the past decade, the most notable rate of growth in terms of ethylene glycol production, amongst the key producing countries, was attained by Italy (+16.7%), while ethylene glycol production for the other leaders experienced more modest paces of growth.

EU Ethylene Glycol Imports 

For the third year in a row, the European Union recorded growth in supplies from abroad of ethylene glycol, which increased by 2% to 1.9M tons in 2021. In general, imports recorded a relatively flat trend pattern from 2011 to 2021. 

In value terms, ethylene glycol imports surged to $1.5B in 2021. This figure includes trade between EU member countries. Over the past decade, imports recorded a noticeable shrinkage. 

Imports by Country

In 2021, Belgium (496K tons), Germany (340K tons), Spain (273K tons) and Lithuania (247K tons) represented the major importer of ethylene glycol (ethanediol) in the European Union, comprising 73% of total volume. The Netherlands (140K tons) occupied a 7.5% share of total imports, which put it in second place, followed by Italy (6.3%). France (70K tons) held a relatively small share of total supplies.

In value terms, the largest ethylene glycol importing markets in the European Union were Belgium ($375M), Germany ($266M) and Spain ($212M), with a combined 58% share of total purchases.

In terms of the main importing countries, Spain, with a CAGR of +2.7%, saw the highest growth rate of the value of imports from 2011 to 2021, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the ethylene glycol import price in the European Union amounted to $799 per ton, with an increase of 53% against the previous year. Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Netherlands ($854 per ton) and France ($848 per ton), while Italy ($752 per ton) and Belgium ($757 per ton) were amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.2%), while the other leaders experienced a decline in the import price figures.

EU Ethylene Glycol Exports 

In 2021, shipments abroad of ethylene glycol (ethanediol) increased by 20% to 1.1M tons, rising for the second year in a row after three years of decline. From 2011 to 2021, exports, however, showed a pronounced slump. 

In value terms, exports soared from $528M in 2020 to $964M in 2021. This figure includes trade between EU member countries. Exports attained the maximum at $1.7B in 2011; however, from 2012 to 2021, the supplies remained at a lower figure.

Exports by Country

Belgium was the main exporter of ethylene glycol in the European Union, with the volume of exports resulting at 777K tons, which was approx. 68% of total exports in 2021. Germany (161K tons) ranks second in terms of the total exports with a 14% share, followed by the Netherlands (11%). Spain (28K tons) followed a long way behind the leaders.

In value terms, Belgium ($620M) remains the largest ethylene glycol supplier in the European Union, comprising 64% of total exports. The second position in the ranking was occupied by Germany ($143M), with a 15% share of total exports. It was followed by the Netherlands, with a 13% share.

From 2011 to 2021, the average annual growth rate of value in Belgium stood at -5.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+0.7% per year) and the Netherlands (-8.1% per year).

Export Prices by Country

In 2021, the ethylene glycol export price in the European Union amounted to $848 per ton, increasing by 52% against the previous year. Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in the Netherlands ($989 per ton) and Spain ($943 per ton), while Belgium ($798 per ton) and Germany ($888 per ton) were amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.6%), while the other leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene glycol market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20142310 - Ethylene glycol (ethanediol)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in the EU, split by region and country
  • Trade (exports and imports) in the EU
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Austria
    • Belgium
    • Bulgaria
    • Croatia
    • Cyprus
    • Czech Republic
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Greece
    • Hungary
    • Ireland
    • Italy
    • Latvia
    • Lithuania
    • Luxembourg
    • Malta
    • Netherlands
    • Poland
    • Portugal
    • Romania
    • Slovakia
    • Slovenia
    • Spain
    • Sweden

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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