EU: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the EU

In 2021, the EU mixed alkylbenzenes, mixed alkylnaphthalenes market increased by 49% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the EU

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced reduction. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports in the EU

In 2021, exports of mixed alkylbenzenes, mixed alkylnaphthalenes in the European Union expanded rapidly to X tons, increasing by 13% on the previous year's figure. In general, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 20%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep downturn. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Belgium (X tons) represented the key exporter of mixed alkylbenzenes, mixed alkylnaphthalenes, creating 70% of total exports. France (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Germany (6.6%). The Netherlands (X tons) and Finland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to mixed alkylbenzenes, mixed alkylnaphthalenes exports from Belgium stood at +4.9%. At the same time, Finland (+7.4%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +7.4% from 2012-2021. France experienced a relatively flat trend pattern. By contrast, the Netherlands (-11.1%) and Germany (-14.9%) illustrated a downward trend over the same period. While the share of Belgium (+56 p.p.), France (+11 p.p.) and Finland (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Germany (-2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest mixed alkylbenzenes, mixed alkylnaphthalenes supplier in the European Union, comprising 63% of total exports. The second position in the ranking was taken by France ($X), with a 19% share of total exports. It was followed by Germany, with a 7.3% share.

In Belgium, mixed alkylbenzenes, mixed alkylnaphthalenes exports expanded at an average annual rate of +2.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (-2.1% per year) and Germany (-15.3% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, picking up by 25% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 an increase of 31%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports in the EU

In 2021, mixed alkylbenzenes, mixed alkylnaphthalenes imports in the European Union skyrocketed to X tons, rising by 18% against 2020 figures. The total import volume increased at an average annual rate of +1.2% 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 2020 with an increase of 20%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) and Germany (X tons) represented the major importers of mixed alkylbenzenes, mixed alkylnaphthalenes in the European Union, together constituting 56% of total imports. Spain (X tons) took the next position in the ranking, distantly followed by France (X tons) and Poland (X tons). All these countries together took near 28% share of total imports. The following importers - Hungary (X tons) and Portugal (X tons) - each finished at a 6.7% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +115.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 65% of total imports. These countries were followed by France, Poland, Portugal and Hungary, which together accounted for a further 23%.

In terms of the main importing countries, Hungary, with a CAGR of +97.8%, recorded 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, picking up by 21% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 Portugal (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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