Benelux: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in Benelux

The Benelux cyclohexanone and methylcyclohexanones market totaled $X in 2021, surging by 4.9% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.0% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Cyclohexanone And Methylcyclohexanones Production in Benelux

In value terms, cyclohexanone and methylcyclohexanones production rose to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 31% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Cyclohexanone And Methylcyclohexanones Exports

Exports in Benelux

In 2021, shipments abroad of cyclohexanone and methylcyclohexanones increased by 40% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 60%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cyclohexanone and methylcyclohexanones exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X tons) represented the largest exporter of cyclohexanone and methylcyclohexanones, mixing up 64% of total exports. It was distantly followed by Belgium (X tons), committing a 36% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of -7.2%).

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

The Netherlands, with a CAGR of -9.0%, 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

In 2021, the export price in Benelux amounted to $X per ton, surging by 36% against the previous year. In general, the export price, however, recorded a slight shrinkage. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.4%).

Cyclohexanone And Methylcyclohexanones Imports

Imports in Benelux

After two years of decline, supplies from abroad of cyclohexanone and methylcyclohexanones increased by 58% to X tons in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 64% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, cyclohexanone and methylcyclohexanones imports soared to $X in 2021. Over the period under review, imports, however, saw a pronounced curtailment. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belgium represented the main importer of cyclohexanone and methylcyclohexanones in Benelux, with the volume of imports resulting at X tons, which was approx. 73% of total imports in 2021. It was distantly followed by the Netherlands (X tons), committing a 27% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to cyclohexanone and methylcyclohexanones imports into Belgium stood at -1.2%. At the same time, the Netherlands (+1.7%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of +1.7% from 2012-2021. While the share of the Netherlands (+4.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-4.7 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported cyclohexanone and methylcyclohexanones in Benelux, comprising 75% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 25% share of total imports.

In Belgium, cyclohexanone and methylcyclohexanones imports plunged by an average annual rate of -2.9% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, surging by 20% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.7%).

Source: IndexBox Platform