EU: Cyclohexane Market 2024

Cyclohexane Market Size in the EU

The EU cyclohexane market skyrocketed to $X in 2021, picking up by 29% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Cyclohexane Production in the EU

In value terms, cyclohexane production reduced slightly to $X in 2021 estimated in export price. Overall, production saw a mild contraction. The growth pace was the most rapid in 2013 with an increase of 12% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cyclohexane Exports

Exports in the EU

Cyclohexane exports contracted significantly to X tons in 2021, reducing by -17.4% on the previous year's figure. In general, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 28%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclohexane exports skyrocketed to $X in 2021. Overall, exports recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) and the Netherlands (X tons) represented the largest exporters of cyclohexane in 2021, finishing at near 50% and 38% of total exports, respectively. It was distantly followed by Belgium (X tons), comprising a 13% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Germany (with a CAGR of +0.8%), while the other leaders experienced a decline in the exports figures.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, together comprising 100% of total exports.

Among the main exporting countries, Germany, with a CAGR of -2.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 63% against the previous year. Overall, the export price, however, showed a noticeable contraction. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-1.7%), while the other leaders experienced a decline in the export price figures.

Cyclohexane Imports

Imports in the EU

In 2021, approx. X tons of cyclohexane were imported in the European Union; with an increase of 8.7% compared with the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 19% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cyclohexane imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible shrinkage. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) represented the major importer of cyclohexane, achieving 75% of total imports. It was distantly followed by France (X tons), constituting a 17% share of total imports. The following importers - Germany (X tons) and Spain (X tons) - together made up 6.8% of total imports.

Belgium was also the fastest-growing in terms of the cyclohexane imports, with a CAGR of +1.7% from 2012 to 2021. At the same time, Spain (+1.5%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Germany (-5.2%) illustrated a downward trend over the same period. Belgium (+11 p.p.) and Spain (+3 p.p.) significantly strengthened its position in terms of the total imports, while Germany saw its share reduced by -2.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported cyclohexane in the European Union, comprising 74% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by Germany, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: France (-2.4% per year) and Germany (-6.6% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, growing by 66% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Spain ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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