EU: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in the EU

For the third year in a row, the EU ionones and methylionones market recorded decline in sales value, which decreased by -32.7% to $X in 2021. In general, consumption saw a abrupt decline. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Ionones And Methylionones Production in the EU

In value terms, ionones and methylionones production rose sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Ionones And Methylionones Exports

Exports in the EU

For the third consecutive year, the European Union recorded growth in shipments abroad of ionones and methylionones, which increased by 17% to X tons in 2021. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, ionones and methylionones exports reached $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany prevails in exports structure, resulting at X tons, which was approx. 83% of total exports in 2021. Spain (X tons) took the second position in the ranking, followed by the Netherlands (X tons). All these countries together held approx. 15% share of total exports. France (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to ionones and methylionones exports from Germany stood at +3.7%. At the same time, the Netherlands (+65.4%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +65.4% from 2012-2021. Spain experienced a relatively flat trend pattern. By contrast, France (-16.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Germany and the Netherlands increased by +8.1 and +6.7 percentage points, respectively.

In value terms, Germany ($X) remains the largest ionones and methylionones supplier in the European Union, comprising 70% of total exports. The second position in the ranking was held by Spain ($X), with a 15% share of total exports. It was followed by the Netherlands, with an 8.3% share.

In Germany, ionones and methylionones exports increased at an average annual rate of +3.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+1.0% per year) and the Netherlands (+33.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, shrinking by -2% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, 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 ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the other leaders experienced mixed trends in the export price figures.

Ionones And Methylionones Imports

Imports in the EU

In 2021, approx. X tons of ionones and methylionones were imported in the European Union; with an increase of 17% compared with 2020. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, ionones and methylionones imports amounted to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 26%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons) and the Netherlands (X tons) were the main importers of ionones and methylionones in 2021, resulting at approx. 33% and 30% of total imports, respectively. France (X tons) held the next position in the ranking, followed by Germany (X tons). All these countries together took near 34% share of total imports. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +102.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, France ($X), the Netherlands ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2021, with a combined 79% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +81.8%, 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

In 2021, the import price in the European Union amounted to $X per ton, declining by -5.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 14%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 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 France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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