Benelux: Paraformaldehyde Market 2024

Paraformaldehyde Market Size in Benelux

The Benelux paraformaldehyde market soared to $X in 2022, growing by X% against the previous year. In general, consumption recorded prominent growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Paraformaldehyde Production in Benelux

In value terms, paraformaldehyde production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Paraformaldehyde Exports

Exports in Benelux

In 2022, the amount of paraformaldehyde exported in Benelux reduced markedly to X tons, waning by X% on the previous year. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, paraformaldehyde exports contracted markedly to $X in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Belgium (X tons), comprising a X% share of total exports.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices 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 (X%).

Paraformaldehyde Imports

Imports in Benelux

In 2022, paraformaldehyde imports in Benelux contracted slightly to X tons, stabilizing at 2021. Overall, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, paraformaldehyde imports expanded notably to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Belgium represented the largest importer of paraformaldehyde in Benelux, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), constituting a X% share of total imports.

Belgium was also the fastest-growing in terms of the paraformaldehyde imports, with a CAGR of X% from 2012 to 2022. The Netherlands experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belgium increased by X percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at X%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 (X%).

Source: IndexBox Platform