Netherlands: Acrylic Acid Esters Market 2024

Acrylic Acid Esters Market Size in the Netherlands

The Dutch acrylic acid esters market rose to $X in 2022, growing by 1.9% against the previous year. Over the period under review, consumption, however, recorded a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Acrylic Acid Esters Production in the Netherlands

In value terms, acrylic acid esters production totaled $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 156% against the previous year. Acrylic acid esters production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Acrylic Acid Esters Exports

Exports from the Netherlands

In 2022, approx. X tons of esters of acrylic acid were exported from the Netherlands; with a decrease of -52.2% against the previous year. Over the period under review, exports recorded a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 95%. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, acrylic acid esters exports declined remarkably to $X in 2022. In general, exports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 191% against the previous year. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Belgium (X tons), Germany (X tons) and Italy (X tons) were the main destinations of acrylic acid esters exports from the Netherlands, together accounting for 58% of total exports. France, Spain, Poland, Sweden, Switzerland, the UK, Turkey and the United States lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +38.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acrylic acid esters exported from the Netherlands were Germany ($X), Belgium ($X) and Italy ($X), together comprising 56% of total exports. France, Spain, Poland, Sweden, Switzerland, the UK, Turkey and the United States lagged somewhat behind, together accounting for a further 33%.

Among the main countries of destination, Sweden, with a CAGR of +42.9%, recorded the highest growth rate of 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 acrylic acid esters export price stood at $X per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 50%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Acrylic Acid Esters Imports

Imports into the Netherlands

In 2022, the amount of esters of acrylic acid imported into the Netherlands reduced markedly to X tons, with a decrease of -35.8% on the year before. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, acrylic acid esters imports dropped rapidly to $X in 2022. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of acrylic acid esters imports to the Netherlands, together comprising 56% of total imports. China, Russia, Taiwan (Chinese), South Korea and the UK lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +41.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic acid esters suppliers to the Netherlands were Germany ($X), Belgium ($X) and France ($X), with a combined 51% share of total imports. Taiwan (Chinese), China, Russia, South Korea and the UK lagged somewhat behind, together comprising a further 38%.

Taiwan (Chinese), with a CAGR of +44.0%, saw 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

The average acrylic acid esters import price stood at $X per ton in 2022, growing by 15% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, acrylic acid esters import price increased by +62.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Russia ($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 UK (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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