Netherlands: Ethanal Market 2024

Ethanal Market Size in the Netherlands

The Dutch ethanal market expanded to $X in 2022, picking up by 4.5% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Ethanal Production in the Netherlands

In value terms, ethanal production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Ethanal Exports

Exports from the Netherlands

In 2022, shipments abroad of ethanal (acetaldehyde) decreased by -18.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 2,050% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ethanal exports declined remarkably to $X in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by 1,040% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for ethanal exports from the Netherlands, accounting for a 66% share of total exports. Moreover, ethanal exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), threefold. The third position in this ranking was held by Australia (X kg), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+1,778.8% per year) and Australia (+1.2% per year).

In value terms, the largest markets for ethanal exported from the Netherlands were Indonesia ($X), China ($X) and the United States ($X), together accounting for 90% of total exports.

In terms of the main countries of destination, Indonesia, with a CAGR of +2,009.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average ethanal export price stood at $X per ton in 2022, shrinking by -1.9% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 105% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Japan ($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 the UK (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ethanal Imports

Imports into the Netherlands

In 2022, overseas purchases of ethanal (acetaldehyde) decreased by -42.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 178% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ethanal imports contracted rapidly to $X in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Germany (X tons), Slovenia (X tons) and France (X tons) were the main suppliers of ethanal imports to the Netherlands, together comprising 91% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +209.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of ethanal (acetaldehyde) to the Netherlands, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and the UK (+49.5% per year).

Import Prices by Country

The average ethanal import price stood at $X per ton in 2022, jumping by 18% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2014 an increase of 83% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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