Benelux: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Benelux

The Benelux scouring pastes and powders market expanded significantly to $X in 2021, surging by 13% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Scouring Pastes And Powders in Benelux

In value terms, scouring pastes and powders production stood at $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 107% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports in Benelux

In 2021, approx. X tons of scouring pastes and powders were exported in Benelux; falling by -4.7% against the previous year. Over the period under review, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2016 when exports increased by 97% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, scouring pastes and powders exports declined modestly to $X in 2021. Total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Belgium (X tons) was the major exporter of scouring pastes and powders, comprising 70% of total exports. It was distantly followed by the Netherlands (X tons), constituting a 30% share of total exports.

Belgium was also the fastest-growing in terms of the scouring pastes and powders exports, with a CAGR of +20.1% from 2012 to 2021. The Netherlands (-9.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +54 percentage points.

In value terms, the largest scouring pastes and powders supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +9.6%, recorded the highest growth rate of 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 2021, growing by 4.4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 35%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%).

Imports of Scouring Pastes And Powders

Imports in Benelux

In 2021, purchases abroad of scouring pastes and powders decreased by -34.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 with an increase of 51%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, scouring pastes and powders imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) dominates imports structure, together comprising 97% of total imports. Luxembourg (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +4.9%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported scouring pastes and powders in Benelux, comprising 72% of total imports. The second position in the ranking was held by Belgium ($X), with a 26% share of total imports.

In the Netherlands, scouring pastes and powders imports expanded at an average annual rate of +7.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-3.2% per year) and Luxembourg (-1.5% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 61% against the previous year. Import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform