Benelux: Diphosphorus Pentaoxide Market 2024

Diphosphorus Pentaoxide Market Size in Benelux

For the third year in a row, the Benelux diphosphorus pentaoxide market recorded growth in sales value, which increased by 56% to $X in 2022. In general, consumption saw significant growth. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Diphosphorus Pentaoxide Production in Benelux

In value terms, diphosphorus pentaoxide production expanded significantly to $X in 2022 estimated in export price. In general, production showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 376% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Diphosphorus Pentaoxide Exports

Exports in Benelux

After two years of decline, overseas shipments of diphosphorus pentaoxide increased by 102% to X tons in 2022. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 203% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 256%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, the Netherlands (X tons) was the main exporter of diphosphorus pentaoxide, achieving 77% of total exports. It was distantly followed by Belgium (X tons), constituting a 23% share of total exports.

The Netherlands was also the fastest-growing in terms of the diphosphorus pentaoxide exports, with a CAGR of +32.4% from 2012 to 2022. Belgium (-7.2%) illustrated a downward trend over the same period. The Netherlands (+68 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -68.4% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) emerged as the largest diphosphorus pentaoxide supplier in Benelux, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +49.4%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, with an increase of 5.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 17% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.8%).

Diphosphorus Pentaoxide Imports

Imports in Benelux

For the third consecutive year, Benelux recorded growth in supplies from abroad of diphosphorus pentaoxide, which increased by 85% to X tons in 2022. Overall, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, diphosphorus pentaoxide imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The Netherlands dominates imports structure, resulting at X tons, which was approx. 93% of total imports in 2022. It was distantly followed by Belgium (X tons), constituting a 7% share of total imports.

The Netherlands was also the fastest-growing in terms of the diphosphorus pentaoxide imports, with a CAGR of +42.7% from 2012 to 2022. Belgium (-9.5%) illustrated a downward trend over the same period. While the share of the Netherlands (+81 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-80.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported diphosphorus pentaoxide in Benelux, comprising 91% of total imports. The second position in the ranking was taken by Belgium ($X), with an 8.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled +36.4%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with a decrease of -3.6% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 9.7% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, 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 Belgium (-4.0%).

Source: IndexBox Platform