Benelux: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Benelux

In 2021, the Benelux unsaturated acyclic hydrocarbons market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Unsaturated Acyclic Hydrocarbons Production in Benelux

In value terms, unsaturated acyclic hydrocarbons production skyrocketed to $X in 2021 estimated in export price. Overall, production faced a abrupt downturn. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports in Benelux

In 2021, overseas shipments of unsaturated acyclic hydrocarbons decreased by -7% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, exports, however, continue to indicate pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of 192% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, unsaturated acyclic hydrocarbons exports soared to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 155% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium was the largest exporter of unsaturated acyclic hydrocarbons in Benelux, with the volume of exports reaching X tons, which was approx. 83% of total exports in 2021. It was distantly followed by the Netherlands (X tons), constituting a 17% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of unsaturated acyclic hydrocarbons. At the same time, the Netherlands (+25.7%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +25.7% from 2012-2021. From 2012 to 2021, the share of the Netherlands increased by +14 percentage points.

In value terms, Belgium ($X) remains the largest unsaturated acyclic hydrocarbons supplier in Benelux, comprising 85% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Belgium totaled -1.4%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, with an increase of 25% against the previous year. In general, the export price, however, recorded a pronounced decrease. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%).

Unsaturated Acyclic Hydrocarbons Imports

Imports in Benelux

In 2021, supplies from abroad of unsaturated acyclic hydrocarbons increased by 5.3% to X tons, rising for the second year in a row after five years of decline. Over the period under review, imports continue to indicate a moderate expansion. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, unsaturated acyclic hydrocarbons imports surged to $X in 2021. In general, imports saw a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of 53%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Belgium represented the major importer of unsaturated acyclic hydrocarbons in Benelux, with the volume of imports resulting at X tons, which was approx. 67% of total imports in 2021. It was distantly followed by the Netherlands (X tons), mixing up a 33% share of total imports.

Imports into Belgium increased at an average annual rate of +2.2% from 2012 to 2021. At the same time, the Netherlands (+3.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of +3.9% from 2012-2021. From 2012 to 2021, the share of the Netherlands increased by +3.2 percentage points.

In value terms, the largest unsaturated acyclic hydrocarbons importing markets in Benelux were Belgium ($X) and the Netherlands ($X).

Among the main importing countries, the Netherlands, with a CAGR of +1.3%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the import price, however, recorded a mild decline. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably 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 totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.4%).

Source: IndexBox Platform