Netherlands: Sulphites Market 2024

Sulphites Market Size in the Netherlands

For the third year in a row, the Dutch sulphites market recorded growth in sales value, which increased by 20% to $X in 2022. Over the period under review, the total consumption indicated a notable increase 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, consumption increased by +84.8% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Sulphites Exports

Exports from the Netherlands

In 2022, the amount of sulphites exported from the Netherlands dropped sharply to X tons, which is down by -19.2% compared with the previous year. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sulphites exports reduced slightly to $X in 2022. Over the period under review, exports saw a slight shrinkage. The growth pace was the most rapid in 2021 when exports increased by 48%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for sulphites exports from the Netherlands, accounting for a 39% share of total exports. Moreover, sulphites exports to Ecuador exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Ecuador totaled +50.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-12.3% per year) and Belgium (-12.8% per year).

In value terms, the largest markets for sulphites exported from the Netherlands were Ecuador ($X), Germany ($X) and Belgium ($X), with a combined 69% share of total exports.

Ecuador, with a CAGR of +54.1%, recorded 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 sulphites export price amounted to $X per ton, with an increase of 19% against the previous year. Over the period under review, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to France ($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 Belgium (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites Imports

Imports into the Netherlands

For the third year in a row, the Netherlands recorded growth in purchases abroad of sulphites, which increased by 0.3% to X tons in 2022. In general, imports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphites imports surged to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of sulphites imports to the Netherlands, together accounting for 92% of total imports. France and Thailand lagged somewhat behind, together comprising a further 4.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +5.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of sulphites to the Netherlands, comprising 59% of total imports. The second position in the ranking was held by Belgium ($X), with a 23% share of total imports. It was followed by Italy, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+10.5% per year) and Italy (-3.3% per year).

Import Prices by Country

The average sulphites import price stood at $X per ton in 2022, rising by 22% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites import price increased by +36.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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