Netherlands: Monophenols Market 2024

Monophenols Market Size in the Netherlands

The Dutch monophenols market soared to $X in 2021, increasing by 78% against the previous year. Over the period under review, consumption, however, continues to indicate a slight descent. Monophenols consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Monophenols Production in the Netherlands

In value terms, monophenols production totaled $X in 2021 estimated in export price. Overall, production faced a dramatic setback. The growth pace was the most rapid in 2020 with a decrease of 99.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Monophenols Exports

Exports from the Netherlands

In 2021, after four years of decline, there was significant growth in overseas shipments of monophenols, when their volume increased by 65% to X tons. In general, exports saw measured growth. The pace of growth appeared the most rapid in 2015 when exports increased by 271%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, monophenols exports surged to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 122%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for monophenols exports from the Netherlands, accounting for a 75% share of total exports. Moreover, monophenols exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), ninefold. The third position in this ranking was taken by Italy (X tons), with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+1.9% per year) and Italy (+22.2% per year).

In value terms, Germany ($X) remains the key foreign market for monophenols exports from the Netherlands, comprising 61% of total exports. The second position in the ranking was taken by Belgium ($X), with an 8% share of total exports. It was followed by Italy, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.5% per year) and Italy (+13.2% per year).

Export Prices by Country

In 2021, the average monophenols export price amounted to $X per ton, rising by 11% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 32%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+13.1%), while the prices for the other major destinations experienced a decline.

Monophenols Imports

Imports into the Netherlands

In 2021, supplies from abroad of monophenols was finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, monophenols imports soared to $X in 2021. Over the period under review, imports, however, showed a mild decrease. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest monophenols supplier to the Netherlands, accounting for a 63% share of total imports. Moreover, monophenols imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.0% per year) and the United States (-4.9% per year).

In value terms, Belgium ($X) constituted the largest supplier of monophenols to the Netherlands, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the United States, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.2% per year) and the United States (-7.5% per year).

Import Prices by Country

In 2021, the average monophenols import price amounted to $X per ton, with an increase of 21% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Saudi Arabia ($X per ton) and Germany ($X per ton), while the price for Finland ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :