Benelux: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Benelux

The Benelux hydrogen peroxide market reduced rapidly to $X in 2022, with a decrease of -43.7% against the previous year. Over the period under review, consumption, however, continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Hydrogen Peroxide Production in Benelux

In value terms, hydrogen peroxide production surged to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +11.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +78.9% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 89%. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the near future.

Hydrogen Peroxide Exports

Exports in Benelux

In 2022, approx. X tons of hydrogen peroxide were exported in Benelux; growing by 9.6% against the year before. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.5% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 47% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydrogen peroxide exports surged to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 19%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) represented the main exporter of hydrogen peroxide in Benelux, making up 99.9% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +5.7%).

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022.

The Netherlands, with a CAGR of +4.7%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, growing by 5.5% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 17%. 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 somewhat 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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.4%).

Hydrogen Peroxide Imports

Imports in Benelux

In 2022, the amount of hydrogen peroxide imported in Benelux surged to X tons, growing by 31% compared with the previous year. In general, imports saw a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by 112%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen peroxide imports soared to $X in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 112% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons) represented the main importer of hydrogen peroxide, generating 67% of total imports. It was distantly followed by Belgium (X tons), making up a 32% share of total imports.

The Netherlands was also the fastest-growing in terms of the hydrogen peroxide imports, with a CAGR of +5.8% from 2012 to 2022. At the same time, Belgium (+4.9%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +1.7 percentage points.

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

Belgium, with a CAGR of +9.7%, recorded the highest growth rate of 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, which is down by -5.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 20% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

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 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 (+4.5%).

Source: IndexBox Platform