Netherlands: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in the Netherlands

The Dutch reaction initiators and accelerators market fell rapidly to $X in 2022, declining by -31.1% against the previous year. Over the period under review, consumption, however, posted significant growth. Reaction initiators and accelerators consumption peaked at $X in 2021, and then fell dramatically in the following year.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in the Netherlands

In value terms, reaction initiators and accelerators production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable reduction. The growth pace was the most rapid in 2014 with an increase of 16% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports from the Netherlands

In 2022, overseas shipments of reaction initiators, reaction accelerators and catalytic preparations increased by 55% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.7% from 2012 to 2022; however, 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.

In value terms, reaction initiators and accelerators exports surged to $X in 2022. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of reaction initiators and accelerators exports from the Netherlands, with a combined 48% share of total exports. The United States, Belgium, India, Poland, France, Vietnam, Italy, Portugal, Turkey and Greece lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +98.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the UK ($X) constituted the largest markets for reaction initiators and accelerators exported from the Netherlands worldwide, with a combined 44% share of total exports. The United States, Belgium, Poland, Italy, France, Turkey, India, Vietnam, Greece and Portugal lagged somewhat behind, together accounting for a further 32%.

Vietnam, with a CAGR of +104.8%, 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

In 2022, the average reaction initiators and accelerators export price amounted to $X per ton, reducing by -8.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 14%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports into the Netherlands

Reaction initiators and accelerators imports into the Netherlands rose significantly to X tons in 2022, increasing by 13% compared with 2021. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, reaction initiators and accelerators imports reduced remarkably to $X in 2022. In general, imports saw a measured increase. The most prominent rate of growth was recorded in 2019 when imports increased by 39%. Over the period under review, imports hit record highs at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest reaction initiators and accelerators supplier to the Netherlands, with a 30% share of total imports. Moreover, reaction initiators and accelerators imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Brazil (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.8% per year) and Brazil (+177.1% per year).

In value terms, the largest reaction initiators and accelerators suppliers to the Netherlands were the UK ($X), Germany ($X) and the United States ($X), with a combined 68% share of total imports. Mexico, South Africa, Japan, Brazil, Belgium, Saudi Arabia, China and the Czech Republic lagged somewhat behind, together accounting for a further 25%.

Mexico, with a CAGR of +143.5%, 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

In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, reducing by -35.6% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53% against the previous year. The import price peaked at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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