Belgium: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Belgium

In 2022, the Belgian hypochlorites, chlorites and hypobromites market decreased by -13.4% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hypochlorites, chlorites and hypobromites consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Belgium

In value terms, hypochlorites, chlorites and hypobromites production stood at $X in 2022 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.2% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by 37%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Belgium

After two years of growth, overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -19% to X tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 37% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank remarkably in the following year.

In value terms, hypochlorites, chlorites and hypobromites exports fell dramatically to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 102% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Belgium, together accounting for 86% of total exports. Denmark and Switzerland lagged somewhat behind, together accounting for a further 9.2%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +57.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hypochlorites, chlorites and hypobromites exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), with a combined 82% share of total exports. Switzerland and Denmark lagged somewhat behind, together accounting for a further 7.8%.

Switzerland, with a CAGR of +54.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, falling by -28.9% against the previous year. Overall, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82% against the previous year. The export price peaked at $X per ton in 2021, and then shrank remarkably in the following year.

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 Switzerland ($X per ton), while the average price for exports to Denmark ($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 Netherlands (+8.6%), while the prices for the other major destinations experienced a decline.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Belgium

After two years of growth, purchases abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -25.7% to X tons in 2022. Overall, imports showed a mild contraction. The pace of growth was the most pronounced in 2020 when imports increased by 67%. Imports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, hypochlorites, chlorites and hypobromites imports fell significantly to $X in 2022. In general, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 155%. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to Belgium, together accounting for 92% of total imports. China, Spain, Italy and the United States lagged somewhat behind, together accounting for a further 7.2%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +4.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and France ($X) constituted the largest hypochlorites, chlorites and hypobromites suppliers to Belgium, together comprising 81% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +5.3%, 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 hypochlorites, chlorites and hypobromites import price amounted to $X per ton, waning by -14% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 53%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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