EU: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in the EU

The EU halogenated hydrocarbon derivative market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -18.9% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Halogenated Hydrocarbon Derivative Production in the EU

In value terms, halogenated hydrocarbon derivative production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 33%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Halogenated Hydrocarbon Derivative Exports

Exports in the EU

In 2022, after two years of growth, there was significant decline in overseas shipments of halogenated derivatives of hydrocarbons, when their volume decreased by -16.5% to X tons. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.3% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of 23%. The volume of export peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, halogenated hydrocarbon derivative exports dropped slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a measured increase. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, the exports attained the peak of $X, and then fell modestly in the following year.

Exports by Country

Germany (X tons) and Belgium (X tons) represented the main exporters of halogenated derivatives of hydrocarbons in 2022, accounting for near 44% and 31% of total exports, respectively. France (X tons) held the next position in the ranking, followed by the Netherlands (X tons). All these countries together took near 20% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +11.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest halogenated hydrocarbon derivative supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Belgium ($X), together comprising 78% of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of +11.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, picking up by 17% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 20%. The level of export peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the other leaders experienced a decline in the export price figures.

Halogenated Hydrocarbon Derivative Imports

Imports in the EU

In 2022, approx. X tons of halogenated derivatives of hydrocarbons were imported in the European Union; declining by -12.5% compared with 2021. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 18% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, halogenated hydrocarbon derivative imports rose significantly to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of halogenated hydrocarbon derivative imports in 2022 were France (X tons), the Netherlands (X tons), Germany (X tons) and Spain (X tons), together recording 76% of total import. Portugal (X tons) ranks next in terms of the total imports with an 8.4% share, followed by Sweden (4.8%). Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +13.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 59% share of total imports. Spain, Italy, Portugal and Sweden lagged somewhat behind, together accounting for a further 28%.

In terms of the main importing countries, Spain, with a CAGR of +8.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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