Europe: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Europe

The Europe aldehydes cyclic polymers market shrank to $X in 2022, falling by -4.2% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Aldehydes Cyclic Polymers Production in Europe

In value terms, aldehydes cyclic polymers production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 36%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Aldehydes Cyclic Polymers Exports

Exports in Europe

Aldehydes cyclic polymers exports soared to X tons in 2022, increasing by 22% compared with the year before. Overall, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 94%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aldehydes cyclic polymers exports fell to $X in 2022. In general, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain was the key exporting country with an export of about X tons, which accounted for 50% of total exports. Germany (X tons) took the second position in the ranking, followed by Switzerland (X tons). All these countries together took near 42% share of total exports. The following exporters - Belgium (X tons), France (X tons) and Portugal (X tons) - each accounted for a 5.8% share of total exports.

Exports from Spain increased at an average annual rate of +23.2% from 2012 to 2022. At the same time, Portugal (+42.3%) and Switzerland (+9.6%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in Europe, with a CAGR of +42.3% from 2012-2022. By contrast, France (-2.1%), Germany (-6.7%) and Belgium (-7.1%) illustrated a downward trend over the same period. While the share of Spain (+47 p.p.), Switzerland (+20 p.p.) and Portugal (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (-1.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aldehydes cyclic polymers supplying countries in Europe were Germany ($X), Spain ($X) and Switzerland ($X), with a combined 91% share of total exports. Belgium, France and Portugal lagged somewhat behind, together comprising a further 7.3%.

Portugal, with a CAGR of +48.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, declining by -22.4% against the previous year. Over the period under review, the export price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2013 when the export price increased by 126% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 ($X per ton), while Spain ($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 (+4.2%), while the other leaders experienced more modest paces of growth.

Aldehydes Cyclic Polymers Imports

Imports in Europe

In 2022, overseas purchases of cyclic polymers of aldehydes decreased by -0.6% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 62%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, aldehydes cyclic polymers imports fell to $X in 2022. In general, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden prevails in imports structure, finishing at X tons, which was approx. 76% of total imports in 2022. France (X tons) held the second position in the ranking, followed by Germany (X tons). All these countries together took approx. 16% share of total imports. The following importers - Italy (X tons) and Spain (X tons) - together made up 5.2% of total imports.

From 2012 to 2022, average annual rates of growth with regard to aldehydes cyclic polymers imports into Sweden stood at +10.8%. At the same time, Spain (+12.5%) and Italy (+2.0%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of +12.5% from 2012-2022. Germany and France experienced a relatively flat trend pattern. While the share of Sweden (+58 p.p.), Germany (+3.1 p.p.), France (+2.7 p.p.) and Spain (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported cyclic polymers of aldehydes in Europe, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by France, with a 16% share.

From 2012 to 2022, the average annual growth rate of value in Sweden totaled +9.6%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-2.1% per year) and France (-1.9% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, shrinking by -5.3% against the previous year. In general, the import price, however, saw perceptible growth. The pace of growth appeared the most rapid in 2015 an increase of 71% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the 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 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 Sweden (-1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform