EU: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in the EU

In 2022, the EU saturated acyclic hydrocarbons market increased by 11% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Saturated Acyclic Hydrocarbons Production in the EU

In value terms, saturated acyclic hydrocarbons production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Saturated Acyclic Hydrocarbons Exports

Exports in the EU

In 2022, shipments abroad of saturated acyclic hydrocarbons increased by 2.4% to X tons, rising for the sixth year in a row after two years of decline. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, saturated acyclic hydrocarbons exports surged to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 33%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the three major exporters of saturated acyclic hydrocarbons, namely Poland, Germany and Belgium, represented more than half of total export. The Netherlands (X tons) held the next position in the ranking, followed by Italy (X tons), Spain (X tons) and Hungary (X tons). All these countries together held near 28% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +49.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest saturated acyclic hydrocarbons supplying countries in the European Union were Germany ($X), Poland ($X) and Belgium ($X), together comprising 62% of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +41.3%, 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 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 13% against the previous year. In general, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when the export price increased by 21%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.1%), while the other leaders experienced a decline in the export price figures.

Saturated Acyclic Hydrocarbons Imports

Imports in the EU

In 2022, purchases abroad of saturated acyclic hydrocarbons increased by 1.2% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, saturated acyclic hydrocarbons imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Sweden (X tons), distantly followed by Finland (X tons), Poland (X tons), Belgium (X tons), Germany (X tons) and Hungary (X tons) represented the main importers of saturated acyclic hydrocarbons, together comprising 86% of total imports. Austria (X tons) and France (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +9.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Sweden ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 58% share of total imports. Belgium, Germany, Hungary, France and Austria lagged somewhat behind, together accounting for a further 30%.

Among the main importing countries, Belgium, with a CAGR of +7.5%, saw the highest rates of growth with regard to 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 2022, the import price in the European Union amounted to $X per ton, jumping by 28% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 31% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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