Benelux: Lysine Market 2024

Lysine Market Size in Benelux

The Benelux lysine market dropped to $X in 2022, reducing by -11.9% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Lysine Production in Benelux

In value terms, lysine production declined dramatically to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,778%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Lysine Exports

Exports in Benelux

In 2022, the amount of lysine and its esters, and salts thereof exported in Benelux rose to X tons, surging by 1.8% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 25%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lysine exports skyrocketed to $X in 2022. Overall, exports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands prevails in exports structure, amounting to X tons, which was approx. 91% of total exports in 2022. It was distantly followed by Belgium (X tons), committing an 8.8% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of lysine and its esters, and salts thereof. At the same time, Belgium (+7.3%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +7.3% from 2012-2022. Belgium (+4.4 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -4.4% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest lysine supplier in Benelux, comprising 89% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports.

In the Netherlands, lysine exports contracted by an average annual rate of -2.4% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, surging by 14% against the previous year. Over the period under review, the export price, however, showed a slight decline. The growth pace was the most rapid in 2021 an increase of 40%. The level of export peaked at $X per ton in 2012; however, from 2013 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 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 (-1.9%).

Lysine Imports

Imports in Benelux

After six years of growth, overseas purchases of lysine and its esters, and salts thereof decreased by -8% to X tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 18%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell in the following year.

In value terms, lysine imports stood at $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 51%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the major importing country with an import of about X tons, which recorded 82% of total imports. It was distantly followed by Belgium (X tons), comprising an 18% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of lysine and its esters, and salts thereof. At the same time, Belgium (+2.5%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +2.5% from 2012-2022. From 2012 to 2022, the share of Belgium increased by +3.5 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported lysine and its esters, and salts thereof in Benelux, comprising 80% of total imports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total imports.

In the Netherlands, lysine imports declined by an average annual rate of -1.3% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a slight decline. The pace of growth appeared the most rapid in 2021 when the import price increased by 40% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.6%).

Source: IndexBox Platform