Belgium: Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian cyclic hydrocarbons market, when its value decreased by X% to $X. In general, consumption recorded a deep contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in Belgium

In value terms, cyclic hydrocarbons production shrank rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Cyclic hydrocarbons production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports from Belgium

In 2022, overseas shipments of cyclic hydrocarbons decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, cyclic hydrocarbons exports plummeted to $X in 2022. Over the period under review, exports showed a slight descent. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for cyclic hydrocarbons exports from Belgium, with a X% share of total exports. Moreover, cyclic hydrocarbons exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), threefold. The United States (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for cyclic hydrocarbons exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Cyclic Hydrocarbons Imports

Imports into Belgium

In 2022, purchases abroad of cyclic hydrocarbons decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted dramatically in the following year.

In value terms, cyclic hydrocarbons imports contracted rapidly to $X in 2022. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Saudi Arabia (X tons) were the main suppliers of cyclic hydrocarbons imports to Belgium, with a combined X% share of total imports. The United States, India, France, Thailand, Spain and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest cyclic hydrocarbons suppliers to Belgium were the Netherlands ($X), Germany ($X) and Saudi Arabia ($X), together accounting for X% of total imports. The United States, India, France, Thailand, Spain and the UK lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyclic hydrocarbons import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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