EU: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in the EU

The EU cyclic hydrocarbons market declined dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in the EU

In value terms, cyclic hydrocarbons production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports in the EU

Cyclic hydrocarbons exports dropped to X tons in 2022, falling by X% compared with the year before. In general, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports totaled $X in 2022. Overall, exports recorded a noticeable setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the main exporter of cyclic hydrocarbons, generating X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%), Spain (X%) and France (X%). The following exporters - Italy (X tons) and Hungary (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons exports from the Netherlands stood at X%. At the same time, Italy (X%), Spain (X%), Hungary (X%) and France (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) and Germany (X%) illustrated a downward trend over the same period. Spain (X p.p.), France (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest cyclic hydrocarbons supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the export price figures.

Cyclic Hydrocarbons Imports

Imports in the EU

After three years of growth, purchases abroad of cyclic hydrocarbons decreased by X% to X tons in 2022. Overall, imports saw a mild setback. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, cyclic hydrocarbons imports fell to $X in 2022. Over the period under review, imports recorded a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. Germany (X tons) took the next position in the ranking, followed by France (X tons), Portugal (X tons), Italy (X tons) and Spain (X tons). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. France, Italy, Portugal and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Portugal, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Portugal ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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