Belgium: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Belgium

The Belgian cyclanic, cyclenic hydrocarbons derivatives market plummeted to $X in 2022, dropping by -89.4% against the previous year. Overall, consumption saw a precipitous contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Belgium

In value terms, cyclanic, cyclenic hydrocarbons derivatives production stood at $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 3.7%. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Belgium

In 2022, shipments abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 24% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, showed a dramatic slump. The pace of growth was the most pronounced in 2016 with an increase of 63,363% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports shrank remarkably to $X in 2022. Overall, exports, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 66,832% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Belgium, accounting for a 84% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. Italy (X kg) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-45.3% per year) and Italy (-44.1% per year).

In value terms, Spain ($X) emerged as the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Belgium, comprising 47% of total exports. The second position in the ranking was taken by Germany ($X), with an 8.8% share of total exports. It was followed by Italy, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-44.2% per year) and Italy (-38.4% per year).

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, reducing by -42.4% against the previous year. In general, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Spain ($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 Turkey (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Belgium

In 2022, approx. X tons of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons were imported into Belgium; dropping by -10.7% on the year before. In general, imports faced a sharp slump. The growth pace was the most rapid in 2018 when imports increased by 296%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports soared to $X in 2022. Overall, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2018 with an increase of 131% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of cyclanic, cyclenic hydrocarbons derivatives imports to Belgium, together comprising 81% of total imports. Japan, the UK, China and the United States lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +1.6%), while imports for the other leaders experienced a decline.

In value terms, the largest cyclanic, cyclenic hydrocarbons derivatives suppliers to Belgium were Japan ($X), the Netherlands ($X) and France ($X), together comprising 77% of total imports.

Japan, with a CAGR of +29.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, rising by 121% against the previous year. In general, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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