Benelux: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Benelux

The Benelux cyclanic, cyclenic hydrocarbons derivatives market reached $X in 2022, approximately mirroring the previous year. Overall, consumption posted significant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Benelux

In value terms, cyclanic, cyclenic hydrocarbons derivatives production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 5.4%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports in Benelux

After four years of decline, overseas shipments of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 18% to X tons in 2022. In general, exports, however, saw a significant curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports shrank to $X in 2022. Over the period under review, exports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 16%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the main exporting country with an export of about X tons, which amounted to 65% of total exports. It was distantly followed by Belgium (X tons), achieving a 35% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of -33.6%).

In value terms, the Netherlands ($X) remains the largest cyclanic, cyclenic hydrocarbons derivatives supplier in Benelux, comprising 68% of total exports. The second position in the ranking was held by Belgium ($X), with a 32% share of total exports.

In the Netherlands, cyclanic, cyclenic hydrocarbons derivatives exports contracted by an average annual rate of -32.8% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, reducing by -23.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 75% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%).

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports in Benelux

In 2022, purchases abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 53% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2018 when imports increased by 134% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a significant contraction. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) represented the main importer of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, committing 56% of total imports. Luxembourg (X tons) held the second position in the ranking, followed by Belgium (X tons). All these countries together held near 44% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cyclanic, cyclenic hydrocarbons derivatives imports into the Netherlands stood at -26.4%. At the same time, Luxembourg (+230.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +230.5% from 2012-2022. By contrast, Belgium (-45.9%) illustrated a downward trend over the same period. While the share of the Netherlands (+44 p.p.) and Luxembourg (+25 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-69 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons in Benelux, comprising 66% of total imports. The second position in the ranking was held by Luxembourg ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled -20.8%. The remaining importing countries recorded the following average annual rates of imports growth: Luxembourg (+193.5% per year) and Belgium (-42.8% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, picking up by 43% against the previous year. In general, the import price posted strong growth. The pace of growth was the most pronounced in 2019 when the import price increased by 185%. The level of import peaked at $X per ton in 2020; however, from 2021 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 the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform