Netherlands: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in the Netherlands

The Dutch m-xylene and xylenes market skyrocketed to $X in 2022, growing by 257% against the previous year. Overall, consumption enjoyed a strong expansion. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

M-Xylene And Xylenes Production in the Netherlands

In value terms, m-xylene and xylenes production shrank markedly to $X in 2022 estimated in export price. Overall, production faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 353%. X-xylene and xylenes production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

M-Xylene And Xylenes Exports

Exports from the Netherlands

For the seventh year in a row, the Netherlands recorded decline in shipments abroad of m-xylene and mixed xylene isomers, which decreased by -35.5% to X tons in 2022. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2015 with an increase of 17% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes exports expanded slightly to $X in 2022. In general, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2013 when exports increased by 8.7% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for m-xylene and xylenes exports from the Netherlands, accounting for a 74% share of total exports. Moreover, m-xylene and xylenes exports to Belgium exceeded the volume sent to the second major destination, Lebanon (X tons), more than tenfold. Egypt (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at -25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+75.3% per year) and Egypt (+21.3% per year).

In value terms, Belgium ($X) remains the key foreign market for m-xylene and mixed xylene isomers exports from the Netherlands, comprising 71% of total exports. The second position in the ranking was held by Lebanon ($X), with a 5.3% share of total exports. It was followed by Egypt, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at -24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (+64.0% per year) and Egypt (+20.8% per year).

Export Prices by Country

In 2022, the average m-xylene and xylenes export price amounted to $X per ton, picking up by 58% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($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 South Korea (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

M-Xylene And Xylenes Imports

Imports into the Netherlands

M-xylene and xylenes imports into the Netherlands skyrocketed to X tons in 2022, rising by 81% compared with the previous year. Over the period under review, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2016 when imports increased by 146% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, m-xylene and xylenes imports soared to $X in 2022. In general, imports, however, showed a abrupt slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of m-xylene and xylenes to the Netherlands, with a 74% share of total imports. Moreover, m-xylene and xylenes imports from Belgium exceeded the figures recorded by the second-largest supplier, Israel (X tons), threefold. The third position in this ranking was held by France (X tons), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+190.4% per year) and France (-12.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of m-xylene and mixed xylene isomers to the Netherlands, comprising 73% of total imports. The second position in the ranking was held by Israel ($X), with a 20% share of total imports. It was followed by France, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+178.7% per year) and France (-4.2% per year).

Import Prices by Country

The average m-xylene and xylenes import price stood at $X per ton in 2022, increasing by 41% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, m-xylene and xylenes import price increased by +91.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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