Belgium: Vinyl Chloride Market 2024

Vinyl Chloride Market Size in Belgium

The Belgian vinyl chloride market soared to $X in 2022, rising by X% against the previous year. Overall, consumption, however, showed a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vinyl Chloride Production in Belgium

In value terms, vinyl chloride production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Vinyl Chloride Exports

Exports from Belgium

Vinyl chloride exports from Belgium dropped to X tons in 2022, with a decrease of X% on the previous year. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, vinyl chloride exports expanded notably to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of vinyl chloride exports from Belgium, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for vinyl chloride exported from Belgium worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average vinyl chloride export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, saw a mild shrinkage. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vinyl Chloride Imports

Imports into Belgium

Vinyl chloride imports into Belgium shrank dramatically to X tons in 2022, which is down by X% compared with the previous year. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, vinyl chloride imports shrank rapidly to $X in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of vinyl chloride to Belgium, accounting for a X% share of total imports. Moreover, vinyl chloride imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

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

Among the main suppliers, the Netherlands, with a CAGR of X%, saw 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 vinyl chloride import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a mild setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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