Benelux: Hydrazine And Hydroxylamine Market 2024

Hydrazine And Hydroxylamine Market Size in Benelux

The Benelux hydrazine and hydroxylamine market soared to $X in 2022, picking up by 92% against the previous year. Over the period under review, consumption showed a buoyant increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Hydrazine And Hydroxylamine Production in Benelux

In value terms, hydrazine and hydroxylamine production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 18%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Hydrazine And Hydroxylamine Exports

Exports in Benelux

In 2022, after three years of growth, there was significant decline in overseas shipments of hydrazine and hydroxylamine and their inorganic salts, when their volume decreased by -28.6% to X tons. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 112% against the previous year. The volume of export peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, hydrazine and hydroxylamine exports shrank sharply to $X in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 141%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank notably in the following year.

Exports by Country

Belgium dominates exports structure, reaching X tons, which was approx. 98% of total exports in 2022. The Netherlands (X tons) took a minor share of total exports.

Belgium was also the fastest-growing in terms of the hydrazine and hydroxylamine and their inorganic salts exports, with a CAGR of +13.7% from 2012 to 2022. At the same time, the Netherlands (+10.2%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest hydrazine and hydroxylamine supplier in Benelux, comprising 92% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.6% share of total exports.

In Belgium, hydrazine and hydroxylamine exports expanded at an average annual rate of +23.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2019 an increase of 96% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: 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 (+9.4%).

Hydrazine And Hydroxylamine Imports

Imports in Benelux

In 2022, overseas purchases of hydrazine and hydroxylamine and their inorganic salts decreased by -5.4% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 134%. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, hydrazine and hydroxylamine imports surged to $X in 2022. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2020 when imports increased by 104%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Belgium represented the key importer of hydrazine and hydroxylamine and their inorganic salts in Benelux, with the volume of imports amounting to X tons, which was approx. 70% of total imports in 2022. It was distantly followed by the Netherlands (X tons), achieving a 30% share of total imports.

Belgium was also the fastest-growing in terms of the hydrazine and hydroxylamine and their inorganic salts imports, with a CAGR of +20.7% from 2012 to 2022. At the same time, the Netherlands (+2.1%) displayed positive paces of growth. From 2012 to 2022, the share of Belgium increased by +39 percentage points.

In value terms, the largest hydrazine and hydroxylamine importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +22.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, picking up by 22% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrazine and hydroxylamine import price increased by +32.8% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 34%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 (+13.6%).

Source: IndexBox Platform