Netherlands: Ethylbenzene Market 2024

Ethylbenzene Market Size in the Netherlands

The Dutch ethylbenzene market contracted notably to $X in 2022, reducing by -21.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt downturn. Ethylbenzene consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ethylbenzene Exports

Exports from the Netherlands

In 2022, approx. X tons of ethylbenzene were exported from the Netherlands; falling by -30.3% compared with the previous year's figure. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 16,939%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, ethylbenzene exports fell to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 13,743%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for ethylbenzene exports from the Netherlands, accounting for a 73% share of total exports. Moreover, ethylbenzene exports to France exceeded the volume sent to the second major destination, Turkey (X tons), threefold. Egypt (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+95.5% per year) and Egypt (+2.5% per year).

In value terms, the largest markets for ethylbenzene exported from the Netherlands were France ($X), Turkey ($X) and Egypt ($X), together accounting for 99.9% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +120.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ethylbenzene export price amounted to $X per ton, increasing by 35% against the previous year. Overall, the export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2020 an increase of 82%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Egypt ($X per ton), while the average price for exports to Spain ($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 (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Ethylbenzene Imports

Imports into the Netherlands

In 2022, approx. X tons of ethylbenzene were imported into the Netherlands; which is down by -25.1% compared with 2021 figures. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by 438% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ethylbenzene imports fell markedly to $X in 2022. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 258%. 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, Belgium (X tons) constituted the largest ethylbenzene supplier to the Netherlands, with a 76% share of total imports. Moreover, ethylbenzene imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was held by the United States (X tons), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.5% per year) and the United States (+100.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of ethylbenzene to the Netherlands, comprising 75% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by the United States, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and the United States (+98.8% per year).

Import Prices by Country

The average ethylbenzene import price stood at $X per ton in 2022, surging by 8% against the previous year. Overall, the import price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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