Benelux: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Benelux

The Benelux market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Benelux

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals rose notably to $X in 2021 estimated in export price. The total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 38%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in Benelux

In 2021, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -11.6% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 568% against the previous year. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X in 2021. Overall, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 221% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons) represented the key exporter of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Benelux, achieving 99% of total export.

Belgium was also the fastest-growing in terms of the chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports, with a CAGR of +12.6% from 2012 to 2021. From 2012 to 2021, the share of Belgium increased by +16 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) also remains the largest chlorides and phosphorus oxychloride and halides supplier in Benelux.

From 2012 to 2021, the average annual growth rate of value in Belgium amounted to +7.0%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, jumping by 18% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 77%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to -5.0% per year.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in Benelux

In 2021, approx. X tons of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals were imported in Benelux; picking up by 5.2% on 2020 figures. Overall, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 79%. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Over the period under review, imports saw a moderate increase. The pace of growth appeared the most rapid in 2020 with an increase of 81%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium was the key importing country with an import of about X tons, which amounted to 87% of total imports. It was distantly followed by the Netherlands (X tons), comprising a 13% share of total imports.

Belgium was also the fastest-growing in terms of the chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals imports, with a CAGR of -3.1% from 2012 to 2021. The Netherlands (-15.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +21 percentage points.

In value terms, Belgium ($X) constitutes the largest market for imported chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Benelux, comprising 75% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium stood at +2.2%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, surging by 15% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by +16.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 57%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.3%).

Source: IndexBox Platform