Netherlands: Ethanol Market 2024

Ethanol Market Size in the Netherlands

The Dutch ethanol market soared to $X in 2022, rising by 237% against the previous year. In general, consumption showed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ethanol Production in the Netherlands

In value terms, ethanol production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 609%. Ethanol production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Ethanol Exports

Exports from the Netherlands

For the sixth consecutive year, the Netherlands recorded growth in shipments abroad of ethyl alcohol, which increased by 12% to X litres in 2022. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 59% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, ethanol exports surged to $X in 2022. In general, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X litres), Belgium (X litres) and France (X litres) were the main destinations of ethanol exports from the Netherlands, together accounting for 60% of total exports. These countries were followed by the UK, Denmark, Sweden, Greece and Finland, which together accounted for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +72.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest markets for ethanol exported from the Netherlands worldwide, together comprising 65% of total exports. The UK, Sweden, Denmark, Greece and Finland lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Greece, with a CAGR of +74.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ethanol export price stood at $X per litre in 2022, picking up by 21% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol export price increased by +74.8% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Finland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanol Imports

Imports into the Netherlands

Ethanol imports into the Netherlands surged to X litres in 2022, rising by 41% against 2021. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 47%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, ethanol imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X litres), the United States (X litres) and Belgium (X litres) were the main suppliers of ethanol imports to the Netherlands, together accounting for 43% of total imports. These countries were followed by Pakistan, Germany, Peru, France, Guatemala, Austria, the UK, Sweden, Canada and Hungary, which together accounted for a further 47%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +398.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the United States ($X) and Germany ($X) constituted the largest ethanol suppliers to the Netherlands, with a combined 41% share of total imports. Belgium, France, Pakistan, Peru, Guatemala, Austria, the UK, Sweden, Canada and Hungary lagged somewhat behind, together accounting for a further 50%.

In terms of the main suppliers, Canada, with a CAGR of +409.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ethanol import price amounted to $X per litre, growing by 17% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol import price increased by +73.1% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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