Netherlands: Alkyd Resins Market 2024

Alkyd Resins Market Size in the Netherlands

The Dutch alkyd resins market contracted to $X in 2022, dropping by -9.3% against the previous year. In general, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Alkyd Resins Production in the Netherlands

In value terms, alkyd resins production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 135%. Alkyd resins production peaked at $X in 2021, and then fell dramatically in the following year.

Alkyd Resins Exports

Exports from the Netherlands

In 2022, overseas shipments of alkyd resins in primary forms decreased by -10.9% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 63% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, alkyd resins exports totaled $X in 2022. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 101%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of alkyd resins exports from the Netherlands, together comprising 43% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +32.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alkyd resins exported from the Netherlands were the United States ($X), the UK ($X) and Germany ($X), with a combined 44% share of total exports.

The United States, with a CAGR of +29.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alkyd resins export price stood at $X per ton in 2022, increasing by 13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 31% against the previous year. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Denmark ($X per ton) and Germany ($X per ton), while the average price for exports to Belgium ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Alkyd Resins Imports

Imports into the Netherlands

In 2022, the amount of alkyd resins in primary forms imported into the Netherlands reduced to X tons, which is down by -6% compared with 2021 figures. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, alkyd resins imports fell slightly to $X in 2022. In general, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest alkyd resins supplier to the Netherlands, with a 31% share of total imports. Moreover, alkyd resins imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.5% per year) and Italy (-0.8% per year).

In value terms, Germany ($X) constituted the largest supplier of alkyd resins in primary forms to the Netherlands, comprising 33% of total imports. The second position in the ranking was taken by Poland ($X), with a 15% share of total imports. It was followed by Italy, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.6% per year) and Italy (-1.8% per year).

Import Prices by Country

In 2022, the average alkyd resins import price amounted to $X per ton, growing by 2.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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