EU: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in the EU

The EU cyclohexanone and methylcyclohexanones market rose rapidly to $X in 2021, with an increase of 7.6% against the previous year. In general, consumption showed a pronounced contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Cyclohexanone And Methylcyclohexanones Production in the EU

In value terms, cyclohexanone and methylcyclohexanones production rose modestly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Cyclohexanone And Methylcyclohexanones Exports

Exports in the EU

In 2021, overseas shipments of cyclohexanone and methylcyclohexanones increased by 35% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 36%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cyclohexanone and methylcyclohexanones exports soared to $X in 2021. In general, exports, however, recorded a deep contraction. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands was the main exporting country with an export of around X tons, which resulted at 46% of total exports. Germany (X tons) took the second position in the ranking, followed by Belgium (X tons). All these countries together held approx. 53% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +5.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.

Among the main exporting countries, Germany, with a CAGR of +3.8%, 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

The export price in the European Union stood at $X per ton in 2021, surging by 41% against the previous year. Overall, the export price, however, saw a slight reduction. 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 Germany ($X per ton), while the Netherlands ($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 (-1.4%), while the other leaders experienced a decline in the export price figures.

Cyclohexanone And Methylcyclohexanones Imports

Imports in the EU

In 2021, purchases abroad of cyclohexanone and methylcyclohexanones was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, cyclohexanone and methylcyclohexanones imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of cyclohexanone and methylcyclohexanones imports in 2021 were the Czech Republic (X tons), Belgium (X tons), Germany (X tons) and Spain (X tons), together recording 85% of total import. It was distantly followed by the Netherlands (X tons), making up a 7.9% share of total imports. The following importers - Italy (X tons) and Ireland (X tons) - each recorded a 3.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +48.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclohexanone and methylcyclohexanones importing markets in the European Union were the Czech Republic ($X), Belgium ($X) and Germany ($X), with a combined 62% share of total imports. Spain, Ireland, the Netherlands and Italy lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Ireland, with a CAGR of +41.5%, recorded 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 2021, rising by 32% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ireland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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