Benelux: Ether Market 2024

Ether Market Size in Benelux

After two years of growth, the Benelux ether market decreased by -9.2% to $X in 2022. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Ether Production in Benelux

In value terms, ether production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by 79%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ether Exports

Exports in Benelux

In 2022, shipments abroad of ethers decreased by -21.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a slight reduction. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, ether exports declined to $X in 2022. In general, exports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the major exporting country with an export of around X tons, which amounted to 80% of total exports. It was distantly followed by Belgium (X tons), mixing up a 20% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of ethers. Belgium (-4.6%) illustrated a downward trend over the same period. The Netherlands (+7.7 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -7.7% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest ether supplier in Benelux, comprising 79% of total exports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total exports.

In the Netherlands, ether exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by 13% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. Over the period under review, the export prices reached the peak figure 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 Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.0%).

Ether Imports

Imports in Benelux

In 2022, after three years of growth, there was significant decline in supplies from abroad of ethers, when their volume decreased by -13.3% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, ether imports totaled $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 87%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands was the major importing country with an import of around X tons, which accounted for 71% of total imports. It was distantly followed by Belgium (X tons), generating a 29% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of ethers. Belgium experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported ethers in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 29% share of total imports.

In the Netherlands, ether imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by 22% against the previous year. In general, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably 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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%).

Source: IndexBox Platform