Belgium: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in Belgium

The Belgian ionones and methylionones market soared to $X in 2021, increasing by 54% 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). Over the period under review, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Ionones And Methylionones Exports

Exports from Belgium

After two years of growth, overseas shipments of ionones and methylionones decreased by -5.3% to X kg in 2021. In general, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of 212% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, ionones and methylionones exports dropped to $X in 2021. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 126%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X kg) was the main destination for ionones and methylionones exports from Belgium, with a 50% share of total exports. Moreover, ionones and methylionones exports to Argentina exceeded the volume sent to the second major destination, Germany (X kg), threefold. The third position in this ranking was held by Bulgaria (X kg), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina stood at +112.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Bulgaria (0.0% per year).

In value terms, Argentina ($X) remains the key foreign market for ionones and methylionones exports from Belgium, comprising 76% of total exports. The second position in the ranking was held by France ($X), with a 9.6% share of total exports. It was followed by Germany, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina amounted to +470.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.4% per year) and Germany (+1.6% per year).

Export Prices by Country

The average ionones and methylionones export price stood at $X per ton in 2021, declining by -1.9% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 114%. The export price peaked at $X per ton in 2020, and then declined modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Israel ($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 Argentina (+147.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ionones And Methylionones Imports

Imports into Belgium

In 2021, the amount of ionones and methylionones imported into Belgium soared to X tons, surging by 123% on the year before. Over the period under review, imports, however, recorded a abrupt contraction. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, ionones and methylionones imports dropped significantly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 116%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X kg), China (X kg) and France (X kg) were the main suppliers of ionones and methylionones imports to Belgium, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +22.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of ionones and methylionones to Belgium, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with an 8.2% share of total imports. It was followed by France, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +35.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.0% per year) and France (-21.4% per year).

Import Prices by Country

In 2021, the average ionones and methylionones import price amounted to $X per ton, dropping by -79.1% against the previous year. In general, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 757% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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