Netherlands: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in the Netherlands

In 2021, the Dutch polyethylene glycol and polyether market decreased by -85.5% to $X, falling for the fifth consecutive year after two years of growth. In general, consumption showed a dramatic setback. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Polyethylene Glycols and Polyethers in Primary Forms in the Netherlands

In value terms, polyethylene glycol and polyether production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 9.5%. Polyethylene glycol and polyether production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports from the Netherlands

In 2021, overseas shipments of polyethylene glycols and polyethers in primary forms increased by 5.1% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 11% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, polyethylene glycol and polyether exports surged to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Italy (X tons) and Belgium (X tons) were the main destinations of polyethylene glycol and polyether exports from the Netherlands, together accounting for 36% of total exports. Turkey, Poland, Russia, the UK, Spain, Portugal, France, Romania, Switzerland and India lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +21.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Belgium ($X) were the largest markets for polyethylene glycol and polyether exported from the Netherlands worldwide, with a combined 36% share of total exports. These countries were followed by Poland, Turkey, the UK, Russia, Spain, France, Portugal, Switzerland, Romania and India, which together accounted for a further 38%.

Portugal, with a CAGR of +23.2%, saw the highest rates of growth with regard to 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

In 2021, the average polyethylene glycol and polyether export price amounted to $X per ton, surging by 47% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and France ($X per ton), while the average price for exports to India ($X per ton) and Russia ($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 the UK (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports into the Netherlands

In 2021, overseas purchases of polyethylene glycols and polyethers in primary forms increased by 30% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol and polyether imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Germany (X tons) and China (X tons) were the main suppliers of polyethylene glycol and polyether imports to the Netherlands, together accounting for 67% of total imports. These countries were followed by Spain, the United States, Taiwan (Chinese), Singapore, Italy, the UK, Poland, South Korea and France, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +37.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and China ($X) appeared to be the largest polyethylene glycol and polyether suppliers to the Netherlands, with a combined 64% share of total imports. Taiwan (Chinese), the United States, Spain, Singapore, the UK, South Korea, Italy, France and Poland lagged somewhat behind, together accounting for a further 31%.

South Korea, with a CAGR of +38.6%, saw the highest growth rate of 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 polyethylene glycol and polyether import price stood at $X per ton in 2021, growing by 21% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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