Germany - Benzene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBenzene Price in Germany - 2023
Contents:
- Benzene Price in Germany (FOB) - 2023
- Benzene Price in Germany (CIF) - 2023
- Benzene Exports in Germany
- Benzene Imports in Germany
Benzene Price in Germany (FOB) - 2023
In June 2023, the average benzene export price amounted to $960 per ton, reducing by -6.9% against the previous month. Over the period under review, the export price recorded a perceptible reduction. The growth pace was the most rapid in July 2022 when the average export price increased by 9.5% against the previous month. As a result, the export price reached the peak level of $1,492 per ton. From August 2022 to June 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the highest price was recorded for prices to Hungary ($1,101 per ton) and the UK ($1,027 per ton), while the average price for exports to Belgium ($942 per ton) and France ($954 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.9%), while the prices for the other major destinations experienced a decline.
Benzene Price in Germany (CIF) - 2023
The average benzene import price stood at $1,009 per ton in June 2023, reducing by -8.2% against the previous month. In general, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in July 2022 an increase of 19% month-to-month. As a result, import price attained the peak level of $1,600 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Belgium ($1,036 per ton) and Poland ($1,025 per ton), while the price for the Czech Republic ($931 per ton) and Slovakia ($939 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovakia (-1.4%), while the prices for the other major suppliers experienced a decline.
Benzene Exports in Germany
After two years of decline, overseas shipments of benzene increased by 11% to 580K tons in 2022. In general, exports, however, saw a abrupt decrease.
In value terms, benzene exports surged to $631M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Benzene in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 215 | 171 | 201 | 350 | 17.6% |
| Netherlands | 225 | 182 | 186 | 166 | -9.6% |
| France | 51.7 | 34.0 | 43.1 | 89.6 | 20.1% |
| United Kingdom | 24.2 | 13.2 | 34.6 | 20.8 | -4.9% |
| Others | 1.6 | 0.4 | 2.1 | 4.9 | 45.2% |
| Total | 517 | 400 | 466 | 631 | 6.9% |
Top Export Markets for Benzene from Germany in 2022:
- Belgium (328.9K tons)
- Netherlands (152.1K tons)
- France (78.8K tons)
- United Kingdom (17.0K tons)
Benzene Imports in Germany
Benzene imports into Germany shrank to 348K tons in 2022, dropping by -6.6% against the previous year. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 372K tons, and then fell in the following year.
In value terms, benzene imports totaled $377M in 2022. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Benzene in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 96.3 | 61.7 | 87.0 | 134 | 11.6% |
| Hungary | 34.1 | 32.1 | 71.3 | 70.8 | 27.6% |
| Belgium | 17.9 | 17.0 | 32.9 | 33.8 | 23.6% |
| Netherlands | 35.7 | 26.2 | 50.6 | 32.1 | -3.5% |
| Slovakia | 20.7 | 18.0 | 30.8 | 24.2 | 5.3% |
| India | 5.5 | 5.5 | 77.3 | 22.5 | 59.9% |
| Serbia | 10.7 | 11.7 | 12.0 | 22.0 | 27.2% |
| Czech Republic | 21.9 | 10.5 | 11.5 | 20.9 | -1.5% |
| Others | 2.2 | 0.2 | 3.4 | 17.3 | 98.9% |
| Total | 245 | 183 | 377 | 377 | 15.4% |
Top Suppliers of Benzene to Germany in 2022:
- Poland (124.4K tons)
- Hungary (69.3K tons)
- Slovakia (30.2K tons)
- Netherlands (27.9K tons)
- Belgium (27.2K tons)
- Serbia (19.4K tons)
- India (17.6K tons)
- Czech Republic (16.9K tons)
This report provides an in-depth analysis of the benzene market in Germany. 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.
Product coverage:
- Prodcom 20141223 - Benzene
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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