Benelux: Ureines Market 2024

Ureines Market Size in Benelux

In 2022, the Benelux ureines market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed slight growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Ureines Production in Benelux

In value terms, ureines production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Ureines Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in shipments abroad of ureines and their derivatives and salts thereof, when their volume decreased by X% to X tons. In general, exports, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, ureines exports contracted sharply to $X in 2022. Over the period under review, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

The Netherlands prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. Belgium (X tons) held a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the ureines and their derivatives and salts thereof exports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

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

In the Netherlands, ureines exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a noticeable setback. The growth pace was the most rapid in 2013 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 2019; however, from 2020 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 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 (X%).

Ureines Imports

Imports in Benelux

In 2022, after two years of growth, there was significant decline in overseas purchases of ureines and their derivatives and salts thereof, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ureines imports fell sharply to $X in 2022. In general, imports, however, showed noticeable growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

The Netherlands dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X tons), achieving a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the ureines and their derivatives and salts thereof imports, with a CAGR of X% from 2012 to 2022. Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported ureines and their derivatives and salts thereof in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, ureines imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat 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 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%).

Source: IndexBox Platform