Belgium: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Belgium

The Belgian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank markedly to $X in 2022, which is down by -36.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a temperate increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Belgium

After two years of growth, shipments abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -51% to X tons in 2022. In general, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 13,346%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid declined sharply to $X in 2022. Over the period under review, exports faced a sharp contraction. The growth pace was the most rapid in 2018 with an increase of 9,514%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Belgium, with a 47% share of total exports. Moreover, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-20.8% per year) and the Czech Republic (+16.8% per year).

In value terms, the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Belgium were France ($X), Germany ($X) and the Czech Republic ($X), together accounting for 81% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, increasing by 11% against the previous year. Overall, the export price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2017 an increase of 72% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Italy ($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 Sweden (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Belgium

In 2022, the amount of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid imported into Belgium declined notably to X tons, which is down by -45% against the year before. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 87%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted rapidly to $X in 2022. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2016 when imports increased by 23% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Belgium, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +26.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to Belgium were the Netherlands ($X), the United States ($X) and Germany ($X), together accounting for 84% of total imports.

Among the main suppliers, the United States, with a CAGR of +21.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($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 (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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