EU: Alcohols Market 2021

Alcohols Market Size in the EU

The EU alcohols market expanded markedly to $X in 2020, rising by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Alcohols Production in the EU

In value terms, alcohols production reduced to $X in 2020 estimated in export prices. Overall, production showed a perceptible descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of alcohols production in 2020 were Germany (X tons), the Netherlands (X tons) and Belgium (X tons), together accounting for X% of total production. France, Finland, Sweden and Spain lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of alcohols production, amongst the main producing countries, was attained by Finland, while alcohols production for the other leaders experienced more modest paces of growth.

Alcohols Exports

Exports in the EU

In 2020, overseas shipments of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, alcohols exports plummeted to $X in 2020. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands was the major exporting country with an export of around X tons, which resulted at X% of total exports. Germany (X tons) took the second position in the ranking, distantly followed by Belgium (X tons) and Poland (X tons). All these countries together took near X% share of total exports. The following exporters - Spain (X tons), Finland (X tons) and France (X tons) - each resulted at a X% share of total exports.

From 2007 to 2020, the biggest increases were in Poland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Belgium ($X), together accounting for X% of total exports. Spain, France, Poland and Finland lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2020, the alcohols export price in the European Union amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price saw a perceptible descent. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The level of export peaked at $X per ton in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced a decline in the export price figures.

Alcohols Imports

Imports in the EU

In 2020, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, alcohols imports fell to $X in 2020. Over the period under review, imports saw a mild setback. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

The purchases of the seven major importers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, namely the Netherlands, Germany, Belgium, Spain, Italy, France and Poland, represented more than two-thirds of total import.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by Italy, France, Spain and Poland, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the alcohols import price in the European Union amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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