Netherlands: Alcohols Market 2021

Alcohols Market Size in the Netherlands

The Dutch alcohols market was finally on the rise to reach $X in 2020, after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Alcohols Production in the Netherlands

In value terms, alcohols production rose significantly to $X in 2020 estimated in export prices. Overall, production, however, recorded a remarkable increase. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the immediate term.

Alcohols Exports

Exports from the Netherlands

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, total exports indicated a moderate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, alcohols exports declined notably to $X in 2020. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for alcohols exports from the Netherlands, with a X% share of total exports. Moreover, alcohols exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the UK (+X% per year).

In value terms, Germany ($X), Belgium ($X) and the UK ($X) constituted the largest markets for alcohols exported from the Netherlands worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Belgium saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alcohols export price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into the Netherlands

In 2020, supplies from abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a moderate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, alcohols imports totaled $X in 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Germany (X tons), Trinidad and Tobago (X tons) and the U.S. (X tons) were the main suppliers of alcohols imports to the Netherlands, with a combined X% share of total imports. These countries were followed by Russia, Venezuela, Norway, Finland and Saudi Arabia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of alcohols to the Netherlands, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Trinidad and Tobago, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Trinidad and Tobago (-X% per year).

Import Prices by Country

The average alcohols import price stood at $X per ton in 2020, declining by -X% against the previous year. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per ton in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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