Benelux: Chlorides Market 2024

Chlorides Market Size in Benelux

The Benelux chlorides market shrank significantly to $X in 2021, falling by -29% against the previous year. In general, consumption saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Chlorides Production in Benelux

In value terms, chlorides production declined slightly to $X in 2021 estimated in export price. The total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +48.2% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced modestly in the following year.

Chlorides Exports

Exports in Benelux

Chlorides exports skyrocketed to X tons in 2021, surging by 16% on the previous year's figure. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +65.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, chlorides exports skyrocketed to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +21.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 67%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly 99.9% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +7.4%).

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021.

The Netherlands, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, surging by 9.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 38%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.1%).

Chlorides Imports

Imports in Benelux

In 2021, approx. X tons of chlorides (excluding ammonium chloride) were imported in Benelux; with an increase of 6.1% against the year before. Total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.1% against 2019 indices. The growth pace was the most rapid in 2018 when imports increased by 74%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, chlorides imports soared to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 55%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Belgium was the key importer of chlorides (excluding ammonium chloride) in Benelux, with the volume of imports recording X tons, which was near 60% of total imports in 2021. It was distantly followed by the Netherlands (X tons), creating a 39% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +3.4%).

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2021.

Belgium, with a CAGR of +0.2%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2019 an increase of 18% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%).

Source: IndexBox Platform