EU: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in the EU

The EU trichloroethylene and tetrachloroethylene market rose rapidly to $X in 2021, picking up by 12% against the previous year. In general, consumption, however, showed a noticeable setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Production in the EU

In value terms, trichloroethylene and tetrachloroethylene production amounted to $X in 2021 estimated in export price. Overall, production showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports in the EU

In 2021, overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 6.6% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 19% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany was the major exporter of trichloroethylene and tetrachloroethylene (perchloroethylene) in the European Union, with the volume of exports resulting at X tons, which was near 67% of total exports in 2021. It was distantly followed by France (X tons), the Czech Republic (X tons) and Belgium (X tons), together committing a 27% share of total exports. The Netherlands (X tons) took a minor share of total exports.

Exports from Germany increased at an average annual rate of +1.0% from 2012 to 2021. At the same time, the Czech Republic (+5.4%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +5.4% from 2012-2021. By contrast, France (-1.1%), Belgium (-5.9%) and the Netherlands (-8.7%) illustrated a downward trend over the same period. While the share of Germany (+7.3 p.p.) and the Czech Republic (+3.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-3.6 p.p.) and the Netherlands (-3.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest trichloroethylene and tetrachloroethylene supplier in the European Union, comprising 56% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by the Czech Republic, with a 9.2% share.

In Germany, trichloroethylene and tetrachloroethylene exports decreased by an average annual rate of -8.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: France (-8.5% per year) and the Czech Republic (-1.9% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, with an increase of 9.4% against the previous year. In general, the export price, however, showed a abrupt decrease. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-2.6%), while the other leaders experienced a decline in the export price figures.

Trichloroethylene And Tetrachloroethylene Imports

Imports in the EU

After three years of decline, supplies from abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 25% to X tons in 2021. Over the period under review, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 45% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene imports skyrocketed to $X in 2021. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 44% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons), distantly followed by the Netherlands (X tons), Italy (X tons) and Germany (X tons) represented the key importers of trichloroethylene and tetrachloroethylene (perchloroethylene), together making up 84% of total imports. Spain (X tons), Poland (X tons) and France (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +4.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest trichloroethylene and tetrachloroethylene importing markets in the European Union were Italy ($X), Germany ($X) and the Netherlands ($X), together accounting for 60% of total imports.

In terms of the main importing countries, Germany, with a CAGR of +2.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, dropping by -7.1% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2020 when the import price increased by 5% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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