Belgium: Dichloromethane Market 2024

Dichloromethane Market Size in Belgium

The Belgian dichloromethane market amounted to $X in 2021, growing by 2.7% against the previous year. Over the period under review, consumption continues to indicate a deep contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Dichloromethane Production in Belgium

In value terms, dichloromethane production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production faced a deep reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,953%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Dichloromethane Exports

Exports from Belgium

In 2021, the amount of dichloromethane (methylene chloride) exported from Belgium declined markedly to X tons, with a decrease of -51% on 2020 figures. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 68% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, dichloromethane exports dropped rapidly to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 64% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and the United States (X tons) were the main destinations of dichloromethane exports from Belgium, together accounting for 46% of total exports. France, Poland, Germany, Brazil, Morocco, Canada, Nigeria, Cameroon, Finland and Bulgaria lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +27.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dichloromethane exported from Belgium were the Netherlands ($X), the UK ($X) and the United States ($X), with a combined 47% share of total exports. France, Germany, Poland, Canada, Brazil, Finland, Cameroon, Morocco, Nigeria and Bulgaria lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Bulgaria, with a CAGR of +40.8%, recorded 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

In 2021, the average dichloromethane export price amounted to $X per ton, jumping by 52% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dichloromethane Imports

Imports into Belgium

In 2021, dichloromethane imports into Belgium fell sharply to X tons, which is down by -51.5% compared with the year before. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 12%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dichloromethane imports expanded remarkably to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 11% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of dichloromethane imports to Belgium, together comprising 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -4.3%), while imports for the other leaders experienced a decline.

In value terms, the largest dichloromethane suppliers to Belgium were Germany ($X), France ($X) and the Netherlands ($X), together comprising 83% of total imports.

Germany, with a CAGR of -0.3%, recorded 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 a decline.

Import Prices by Country

The average dichloromethane import price stood at $X per ton in 2021, surging by 118% against the previous year. Overall, the import price posted a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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