Benelux: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Benelux

In 2022, the Benelux market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 6.6% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Benelux

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid shrank modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 12%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Benelux

In 2022, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Benelux reduced sharply to X tons, waning by -45.3% compared with the year before. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 226%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell significantly to $X in 2022. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 142% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands dominates acid structure, reaching X tons, which was approx. 96% of total exports in 2022. Belgium (X tons) held a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports, with a CAGR of -4.7% from 2012 to 2022. Belgium (-27.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+39 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-38.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in Benelux, comprising 95% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.7% share of total exports.

In the Netherlands, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted by an average annual rate of -4.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with an increase of 18% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 35%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%).

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Benelux

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were imported in Benelux; waning by -18.7% against the year before. Over the period under review, imports recorded a noticeable downturn. The growth pace was the most rapid in 2014 with an increase of 152% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped to $X in 2022. In general, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of 83%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The Netherlands represented the major importing country with an import of about X tons, which reached 66% of total imports. It was distantly followed by Belgium (X tons), mixing up a 32% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the dibutyl and dioctyl orthophthalates other esters of orthophthalic acid imports, with a CAGR of +15.1% from 2012 to 2022. Belgium (-10.2%) and Luxembourg (-16.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+53 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Luxembourg (-10.5 p.p.) and Belgium (-42.3 p.p.) displayed negative dynamics.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of +11.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, growing by 12% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by 39%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform