Netherlands - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights
The Price of Acrylonitrile in the Netherlands Drops Slightly to $1,759 per Ton
Netherlands Acrylonitrile Export Price in May 2023
In May 2023, the acrylonitrile price stood at $1,759 per ton (FOB, Netherlands), waning by -6.4% against the previous month. Over the period under review, the export price showed a noticeable setback. The growth pace was the most rapid in December 2022 an increase of 9.4% month-to-month. The export price peaked at $2,510 per ton in May 2022; however, from June 2022 to May 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Spain ($2,435 per ton), while the average price for exports to Germany ($1,618 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced a decline.
|COUNTRY||Export Price of Acrylonitrile in Netherlands (USD per ton)|
|May 2022||Jun 2022||Jul 2022||Aug 2022||Sep 2022||Oct 2022||Nov 2022||Dec 2022||Jan 2023||Feb 2023||Mar 2023||Apr 2023||May 2023|
Netherlands Acrylonitrile Exports
In May 2023, approximately 8.4K tons of acrylonitrile were exported from the Netherlands; growing by 45% against April 2023 figures. Over the period under review, total exports indicated a tangible expansion from May 2022 to May 2023: its volume increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, exports increased by +45.1% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 with an increase of 152% month-to-month. Over the period under review, the exports hit record highs in May 2023.
In value terms, acrylonitrile exports skyrocketed to $15M (IndexBox estimates) in May 2023. Overall, total exports indicated a modest expansion from May 2022 to May 2023: its value increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, exports increased by +178.7% against December 2022 indices. The growth pace was the most rapid in January 2023 when exports increased by 156% month-to-month. Over the period under review, the exports hit record highs in May 2023.
Netherlands Acrylonitrile Exports by Country
From May 2022 to May 2023, the biggest increases were in the UK (with a CAGR of +149.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($6.5M), the UK ($5.3M) and Italy ($1.9M) were the largest markets for acrylonitrile exported from the Netherlands worldwide, with a combined 92% share of total exports.
the UK, with a CAGR of +156.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
This report provides an in-depth analysis of the acrylonitrile market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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