Netherlands: Rare Gases Market 2024

Rare Gases Market Size in the Netherlands

The Dutch rare gases market expanded rapidly to $X in 2022, surging by 6.9% against the previous year. Overall, consumption posted a temperate expansion. Rare gases consumption peaked in 2022 and is likely to see gradual growth in years to come.

Rare Gases Production in the Netherlands

In value terms, rare gases production shrank to $X in 2022 estimated in export price. In general, production, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 10% against the previous year. Rare gases production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Rare Gases Exports

Exports from the Netherlands

In 2022, overseas shipments of rare gases (excluding argon) increased by 5.1% to X cubic meters, rising for the seventh year in a row after two years of decline. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 145% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, rare gases exports shrank dramatically to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 179%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X cubic meters), Germany (X cubic meters) and Denmark (X cubic meters) were the main destinations of rare gases exports from the Netherlands, together comprising 76% of total exports. These countries were followed by Slovakia, Poland, Belgium and Sweden, which together accounted for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +281.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Poland ($X) constituted the largest markets for rare gases exported from the Netherlands worldwide, together accounting for 74% of total exports. Belgium, Denmark, Slovakia and Sweden lagged somewhat behind, together accounting for a further 11%.

Slovakia, with a CAGR of +206.4%, saw the highest rates of growth with regard to the value of exports, among 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 2022, the average rare gases export price amounted to $X per cubic meter, dropping by -26.2% against the previous year. In general, the export price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2015 an increase of 73%. As a result, the export price attained the peak level of $X per cubic meter. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Slovakia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Gases Imports

Imports into the Netherlands

After two years of growth, purchases abroad of rare gases (excluding argon) decreased by -38.2% to X cubic meters in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 347%. Over the period under review, imports reached the peak figure at X cubic meters in 2021, and then dropped significantly in the following year.

In value terms, rare gases imports contracted notably to $X in 2022. Over the period under review, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by 256% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X cubic meters), Germany (X cubic meters) and Italy (X cubic meters) were the main suppliers of rare gases imports to the Netherlands, together accounting for 89% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of rare gases (excluding argon) to the Netherlands, comprising 73% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Italy, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.8% per year) and Italy (+11.1% per year).

Import Prices by Country

The average rare gases import price stood at $X per cubic meter in 2022, jumping by 16% against the previous year. Overall, the import price saw moderate growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 104% against the previous year. Over the period under review, average import prices hit record highs at $X per cubic meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Germany ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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