Europe: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Europe

The Europe halogenated hydrocarbon derivative market surged to $X in 2022, increasing by 23% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Production in Europe

In value terms, halogenated hydrocarbon derivative production reached $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +107.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. The level of production peaked in 2022 and is expected to retain growth in years to come.

Halogenated Hydrocarbon Derivative Exports

Exports in Europe

In 2022, overseas shipments of halogenated derivatives of hydrocarbons decreased by -19.3% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, halogenated hydrocarbon derivative exports declined to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

Germany (X tons) and Belgium (X tons) represented roughly 70% of total exports in 2022. France (X tons) ranks next in terms of the total exports with a 9.8% share, followed by the Netherlands (8.8%) and the UK (5.4%).

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +11.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest halogenated hydrocarbon derivative supplying countries in Europe were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined 70% share of total exports.

The Netherlands, with a CAGR of +11.7%, saw the highest growth rate of the value of exports, in terms of 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, jumping by 21% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while Belgium ($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 (+0.4%), while the other leaders experienced mixed trends in the export price figures.

Halogenated Hydrocarbon Derivative Imports

Imports in Europe

In 2022, imports of halogenated derivatives of hydrocarbons in Europe shrank to X tons, declining by -13.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 17%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, halogenated hydrocarbon derivative imports rose notably to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.0% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 31% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the six major importers of halogenated derivatives of hydrocarbons, namely France, the Netherlands, Germany, Spain, the UK and Portugal, represented more than two-thirds of total import. Sweden (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain (with a CAGR of +13.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest halogenated hydrocarbon derivative importing markets in Europe were the Netherlands ($X), Germany ($X) and France ($X), together accounting for 51% of total imports. The UK, Spain, Portugal and Sweden lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, Spain, with a CAGR of +8.4%, 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 2022, the import price in Europe amounted to $X per ton, increasing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform