United Kingdom: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in the UK

In 2022, the UK cyclanic, cyclenic hydrocarbons derivatives market increased by 150% to $X, rising for the sixth consecutive year after four years of decline. In general, consumption saw a strong increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in the UK

In value terms, cyclanic, cyclenic hydrocarbons derivatives production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from the UK

In 2022, cyclanic, cyclenic hydrocarbons derivatives exports from the UK declined to X tons, shrinking by -11.1% on 2021 figures. Over the period under review, exports saw a mild descent. The growth pace was the most rapid in 2016 with an increase of 83%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports fell to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 84%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from the UK, with a 50% share of total exports. Moreover, cyclanic, cyclenic hydrocarbons derivatives exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.9% per year) and Italy (-7.0% per year).

In value terms, the United States ($X), Germany ($X) and Brazil ($X) were the largest markets for cyclanic, cyclenic hydrocarbons derivatives exported from the UK worldwide, with a combined 84% share of total exports. France, Italy, Poland and Austria lagged somewhat behind, together accounting for a further 11%.

Poland, with a CAGR of +57.1%, recorded 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

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, with an increase of 2.5% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclanic, cyclenic hydrocarbons derivatives export price increased by +27.1% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 85%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain 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 the United States ($X per ton), while the average price for exports to Italy ($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 Poland (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into the UK

In 2022, imports of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons into the UK rose markedly to X tons, growing by 7.1% on 2021. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 74%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main cyclanic, cyclenic hydrocarbons derivatives supplier to the UK, with a 97% share of total imports. It was followed by France (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-19.6% per year) and the United States (-44.6% per year).

In value terms, France ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to the UK, comprising 59% of total imports. The second position in the ranking was held by China ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.9% per year) and the United States (-25.5% per year).

Import Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives import price stood at $X per ton in 2022, surging by 8.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 105% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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