Benelux: Disperse Dye Market 2024

Disperse Dye Market Size in Benelux

The Benelux disperse dye market dropped rapidly to $X in 2021, waning by -47.4% against the previous year. In general, consumption recorded a abrupt decrease. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Disperse Dye Production in Benelux

In value terms, disperse dye production reduced notably to $X in 2021 estimated in export price. In general, production showed a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 123%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Disperse Dye Exports

Exports in Benelux

In 2021, overseas shipments of disperse dyes and preparations based thereon increased by 26% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 36%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, disperse dye exports surged to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.8% 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 +115.0% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the main exporter of disperse dyes and preparations based thereon in Benelux, with the volume of exports reaching X tons, which was near 52% of total exports in 2021. It was distantly followed by Belgium (X tons) and Luxembourg (X tons), together comprising a 48% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +40.8%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

Luxembourg, with a CAGR of +31.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, surging by 15% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the export price increased by 42%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), while the other leaders experienced mixed trends in the export price figures.

Disperse Dye Imports

Imports in Benelux

Disperse dye imports rose remarkably to X tons in 2021, picking up by 7.4% compared with 2020 figures. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 38%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, disperse dye imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) was the main importer of disperse dyes and preparations based thereon, achieving 69% of total imports. It was distantly followed by Belgium (X tons) and Luxembourg (X tons), together mixing up a 31% share of total imports.

The Netherlands was also the fastest-growing in terms of the disperse dyes and preparations based thereon imports, with a CAGR of +15.0% from 2012 to 2021. At the same time, Belgium (+4.3%) and Luxembourg (+1.7%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +22 percentage points.

In value terms, the largest disperse dye importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main importing countries, the Netherlands, with a CAGR of +15.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, growing by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform