Europe: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Europe

The Europe market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, saw a abrupt slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Europe

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible descent. The growth pace was the most rapid in 2014 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Europe

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -30.1% to X tons, falling for the eighth consecutive year after three years of growth. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 136% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced to $X in 2022. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 99%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Italy (X tons) and the Netherlands (X tons) represented roughly 67% of total exports in 2022. Germany (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Russia (6.7%) and Spain (5.9%). Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +16.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Italy ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 83% of total exports. Spain, Russia and Poland lagged somewhat behind, together comprising a further 13%.

In terms of the main exporting countries, Spain, with a CAGR of +15.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, picking up by 22% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +62.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Europe

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were imported in Europe; declining by -15.4% against 2021. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of 9.4%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell slightly to $X in 2022. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) and the Netherlands (X tons) were the major importers of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Europe, together accounting for approx. 41% of total imports. It was distantly followed by Belgium (X tons), Spain (X tons), Italy (X tons), France (X tons) and the UK (X tons), together comprising a 40% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +15.1%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022, with a combined 47% share of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +11.7%, recorded the highest growth rate of 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 2022, the import price in Europe amounted to $X per ton, increasing by 16% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +47.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and the UK ($X per ton), while the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform