Netherlands: P-Xylene Market 2024

P-Xylene Market Size in the Netherlands

In 2021, the Dutch p-xylene market increased by 117% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, consumption recorded resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

P-Xylene Production in the Netherlands

In value terms, p-xylene production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 70% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

P-Xylene Exports

Exports from the Netherlands

In 2021, the amount of p-xylene exported from the Netherlands expanded markedly to X tons, rising by 11% on 2020. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 134%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, p-xylene exports soared to $X in 2021. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 62% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Belgium (X tons) and Mexico (X tons) were the main destinations of p-xylene exports from the Netherlands, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +13.9%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Belgium ($X) and Mexico ($X) were the largest markets for p-xylene exported from the Netherlands worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +10.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average p-xylene export price amounted to $X per ton, rising by 41% against the previous year. In general, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Mexico ($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 the UK (-0.4%), while the prices for the other major destinations experienced a decline.

P-Xylene Imports

Imports into the Netherlands

In 2021, supplies from abroad of p-xylene increased by 174% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by 275%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, p-xylene imports skyrocketed to $X in 2021. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 284%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and Russia (X tons) were the main suppliers of p-xylene imports to the Netherlands, with a combined 67% share of total imports. Kuwait, India, Portugal, Israel, Spain, France and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were in Kuwait (with a CAGR of +1,281.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest p-xylene suppliers to the Netherlands were Germany ($X), Belgium ($X) and India ($X), with a combined 66% share of total imports. Russia, Kuwait, Portugal, Israel, Spain, France and the UK lagged somewhat behind, together comprising a further 32%.

Kuwait, with a CAGR of +1,189.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average p-xylene import price stood at $X per ton in 2021, with an increase of 30% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were the UK ($X per ton) and France ($X per ton), while the price for Russia ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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