Netherlands: Melamine Resins Market 2024

Melamine Resins Market Size in the Netherlands

In 2021, the Dutch melamine resins market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, recorded a slight downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Melamine Resins Production in the Netherlands

In value terms, melamine resins production soared to $X in 2021 estimated in export price. In general, production, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Melamine Resins Exports

Exports from the Netherlands

In 2021, after two years of decline, there was significant growth in overseas shipments of melamine resins in primary forms, when their volume increased by 17% to X tons. In general, exports, however, showed a slight shrinkage. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, melamine resins exports soared to $X in 2021. Overall, exports, however, continue to indicate a pronounced descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for melamine resins exports from the Netherlands, with a 29% share of total exports. Moreover, melamine resins exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-1.6% per year) and Spain (+8.0% per year).

In value terms, the largest markets for melamine resins exported from the Netherlands were Germany ($X), Italy ($X) and Spain ($X), together accounting for 54% of total exports. Estonia, France, Belgium, India, Russia, Turkey, Egypt, China and Mexico lagged somewhat behind, together comprising a further 33%.

China, with a CAGR of +9.1%, saw 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 more modest paces of growth.

Export Prices by Country

The average melamine resins export price stood at $X per ton in 2021, rising by 29% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Russia ($X per ton), while the average price for exports to Estonia ($X per ton) and India ($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 (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports

Imports into the Netherlands

In 2021, purchases abroad of melamine resins in primary forms increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, melamine resins imports surged to $X in 2021. In general, imports, however, continue to indicate a noticeable downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) constituted the largest supplier of melamine resins to the Netherlands, with a 60% share of total imports. Moreover, melamine resins imports from Norway exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+18.7% per year) and Germany (-9.9% per year).

In value terms, Norway ($X) constituted the largest supplier of melamine resins in primary forms to the Netherlands, comprising 54% of total imports. The second position in the ranking was taken by Slovenia ($X), with a 21% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Norway totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+20.4% per year) and Germany (-6.0% per year).

Import Prices by Country

In 2021, the average melamine resins import price amounted to $X per ton, picking up by 7.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 9.5%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per ton) and Slovenia ($X per ton), while the price for Norway ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :