EU: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the EU

The EU market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid rose sharply to $X in 2022, picking up by 8.5% against the previous year. Over the period under review, consumption, however, recorded a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in the EU

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2014 when the production volume increased by 39% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in the EU

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -30.8% to X tons, falling for the eighth consecutive year after three years of growth. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 141% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell to $X in 2022. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by 103%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

In 2022, Italy (X tons) and the Netherlands (X tons) were the largest exporters of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in the European Union, together generating 73% of total exports. Germany (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Spain (6.3%) and Poland (4.5%). Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Spain (with a CAGR of +16.2%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplying countries in the European Union were Italy ($X), the Netherlands ($X) and Germany ($X), together comprising 87% of total exports. Spain, Poland and Belgium lagged somewhat behind, together accounting for a further 11%.

In terms of the main exporting countries, Spain, with a CAGR of +15.9%, 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 2022, the export price in the European Union amounted to $X per ton, increasing by 26% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 32% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in the EU

For the fourth year in a row, the European Union recorded decline in purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, which decreased by -9.2% to X tons in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of 22%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid expanded modestly to $X in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) and the Netherlands (X tons) represented the major importers of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in the European Union, together constituting 48% of total imports. Belgium (X tons) took the next position in the ranking, followed by Spain (X tons), Italy (X tons) and France (X tons). All these countries together held approx. 39% share of total imports. Portugal (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +15.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 56% share of total imports.

The Netherlands, with a CAGR of +11.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by 15% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +42.8% against 2020 indices. The pace of growth was the most pronounced in 2017 when the import price increased by 27% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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