Benelux: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Benelux

In 2022, the Benelux fluorescent brightening agents market decreased by -24.4% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption saw a noticeable reduction. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Fluorescent Brightening Agents Production in Benelux

In value terms, fluorescent brightening agents production expanded modestly to $X in 2022 estimated in export price. In general, production posted a moderate increase. The growth pace was the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fluorescent Brightening Agents Exports

Exports in Benelux

For the fourth year in a row, Benelux recorded growth in shipments abroad of synthetic organic products used as fluorescent brightening agents, which increased by 24% to X tons in 2022. In general, exports saw prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 57% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, fluorescent brightening agents exports rose significantly to $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.8% 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 +88.0% against 2015 indices. The growth pace was the most rapid in 2019 when exports increased by 23% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

The biggest shipments were from the Netherlands (X tons) and Belgium (X tons), together recording 99.9% of total export.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +17.9%).

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

In terms of the main exporting countries, the Netherlands, with a CAGR of +8.5%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, with a decrease of -15.3% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2016 when the export price increased by 16%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 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 Belgium (-5.0%).

Fluorescent Brightening Agents Imports

Imports in Benelux

In 2022, after two years of growth, there was decline in overseas purchases of synthetic organic products used as fluorescent brightening agents, when their volume decreased by -4.6% to X tons. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 8.5% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, fluorescent brightening agents imports rose markedly to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 36%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) represented the key importer of synthetic organic products used as fluorescent brightening agents in Benelux, comprising 100% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of -2.6%).

In value terms, the Netherlands ($X) constitutes the largest market for imported synthetic organic products used as fluorescent brightening agents in Benelux, comprising 74% of total imports. The second position in the ranking was held by Belgium ($X), with a 25% share of total imports.

In the Netherlands, fluorescent brightening agents imports increased at an average annual rate of +4.8% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 43%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%).

Source: IndexBox Platform