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

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

In 2021, the Dutch benzol, toluol and xylol market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted moderate growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, benzol, toluol and xylol production totaled $X in 2021 estimated in export price. Overall, production saw a significant increase. The pace of growth was the most pronounced in 2016 when the production volume decreased by 99.9%. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

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

Exports from the Netherlands

In 2021, after two years of growth, there was significant decline in shipments abroad of benzol (benzene), toluol (toluene) and xylol (xylenes), when their volume decreased by -12% to X tons. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 60%. Over the period under review, the exports reached the maximum 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 rose rapidly to $X in 2021. Overall, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of 60% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and the United States (X tons) were the main destinations of benzol, toluol and xylol exports from the Netherlands, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +27.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the United States ($X) were the largest markets for benzol, toluol and xylol exported from the Netherlands worldwide, with a combined 76% share of total exports.

The United States, with a CAGR of +19.1%, 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 mixed trend patterns.

Export Prices by Country

The average benzol, toluol and xylol export price stood at $X per ton in 2021, rising by 25% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Belgium ($X per ton) and Germany ($X per ton), while the average price for exports to France ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-4.3%), while the prices for the other major destinations experienced a decline.

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

Imports into the Netherlands

In 2021, overseas purchases of benzol (benzene), toluol (toluene) and xylol (xylenes) were finally on the rise to reach X tons after three years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 98%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

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

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of benzol, toluol and xylol imports to the Netherlands, with a combined 74% share of total imports. Sweden, Denmark, Latvia, Spain, Turkey, Italy and the UK lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +979.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and France ($X) were the largest benzol, toluol and xylol suppliers to the Netherlands, with a combined 75% share of total imports. These countries were followed by Sweden, Denmark, Latvia, Spain, Turkey, Italy and the UK, which together accounted for a further 23%.

Turkey, with a CAGR of +937.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average benzol, toluol and xylol import price amounted to $X per ton, surging by 56% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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