France: Market for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) 2024

Market Size for Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) in France

The French benzol, toluol and xylol market plummeted to $X in 2021, with a decrease of -54.4% against the previous year. In general, consumption continues to indicate a deep downturn. Benzol, toluol and xylol consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) in France

In value terms, benzol, toluol and xylol production surged to $X in 2021 estimated in export price. Overall, production, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 20%. Benzol, toluol and xylol production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Exports from France

In 2021, exports of benzol (benzene), toluol (toluene) and xylol (xylenes) from France surged to X tons, jumping by 74% compared with the year before. In general, exports recorded a noticeable expansion. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, benzol, toluol and xylol exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a slight setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Belgium (X tons) were the main destinations of benzol, toluol and xylol exports from France, together accounting for 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +55.4%), while shipments for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Spain ($X) and Belgium ($X) were the largest markets for benzol, toluol and xylol exported from France worldwide, with a combined 99% share of total exports.

Spain, with a CAGR of +47.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average benzol, toluol and xylol export price stood at $X per ton in 2021, increasing by 23% against the previous year. Overall, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes)

Imports into France

In 2021, approx. X tons of benzol (benzene), toluol (toluene) and xylol (xylenes) were imported into France; which is down by -56.7% compared with 2020. Over the period under review, imports, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2013 when imports increased by 237% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, benzol, toluol and xylol imports fell significantly to $X in 2021. Overall, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when imports increased by 206% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Portugal (X tons) and Germany (X tons) were the main suppliers of benzol, toluol and xylol imports to France, together comprising 87% of total imports. Belgium, Italy, the Czech Republic, Spain and the UK lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +98.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of benzol (benzene), toluol (toluene) and xylol (xylenes) to France, comprising 50% of total imports. The second position in the ranking was held by Portugal ($X), with a 23% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+19.5% per year) and Germany (+1.6% per year).

Import Prices by Country

The average benzol, toluol and xylol import price stood at $X per ton in 2021, growing by 58% against the previous year. Over the period under review, the import price, however, saw a deep slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+10.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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