Netherlands - Benzene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBenzene Price in the Netherlands - 2023
Contents:
- Benzene Price in the Netherlands (CIF) - 2023
- Benzene Price in the Netherlands (FOB) - 2023
- Benzene Imports in the Netherlands
- Benzene Exports in the Netherlands
Benzene Price in the Netherlands (CIF) - 2023
The average benzene import price stood at $1,243 per ton in June 2023, picking up by 16% against the previous month. Overall, the import price, however, saw a slight curtailment. The growth pace was the most rapid in January 2023 when the average import price increased by 43% month-to-month. The import price peaked at $1,613 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($1,719 per ton), while the price for Slovakia ($877 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Benzene Price in the Netherlands (FOB) - 2023
In June 2023, the average benzene export price amounted to $1,045 per ton, shrinking by -5.7% against the previous month. In general, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 30% against the previous month. The export price peaked at $1,669 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was the UK ($1,226 per ton), while the average price for exports to Germany ($1,005 per ton) was 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 UK (+1.6%), while the prices for the other major destinations experienced a decline.
Benzene Imports in the Netherlands
Benzene imports into the Netherlands reduced sharply to 518K tons in 2022, waning by -28.7% compared with 2021 figures. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports reached the peak of 726K tons, and then declined remarkably in the following year.
In value terms, benzene imports fell remarkably to $644M in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. As a result, imports attained the peak of $769M, and then fell significantly in the following year.
| Import of Benzene in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 207 | 144 | 249 | 300 | 13.2% |
| Belgium | 94.3 | 79.0 | 230 | 172 | 22.2% |
| India | 39.4 | 39.4 | 89.9 | 46.1 | 5.4% |
| United Kingdom | 3.6 | 11.4 | 23.3 | 36.5 | 116.4% |
| Oman | N/A | N/A | 23.0 | 21.6 | -6.1% |
| Spain | N/A | 1.0 | 4.8 | 19.2 | 338.2% |
| United States | 5.5 | 6.3 | 37.7 | 15.7 | 41.9% |
| Others | 30.2 | 14.3 | 111 | 33.0 | 3.0% |
| Total | 380 | 296 | 769 | 644 | 19.2% |
Top Suppliers of Benzene to the Netherlands in 2022:
- Germany (217.2K tons)
- Belgium (145.9K tons)
- United Kingdom (38.6K tons)
- India (37.3K tons)
- Spain (17.4K tons)
- Oman (16.7K tons)
- United States (15.1K tons)
Benzene Exports in the Netherlands
In 2022, the amount of benzene exported from the Netherlands surged to 703K tons, with an increase of 33% on the previous year's figure. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, benzene exports surged to $774M in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Benzene in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 233 | 174 | 372 | 530 | 31.5% |
| United States | 19.0 | 40.9 | N/A | 127 | 88.4% |
| United Kingdom | 25.1 | 39.8 | 59.6 | 50.1 | 25.9% |
| Germany | 31.8 | 14.4 | 55.7 | 31.4 | -0.4% |
| Italy | N/A | 4.5 | N/A | 15.5 | 85.6% |
| Portugal | 13.6 | 8.3 | N/A | 14.9 | 3.1% |
| Others | 13.9 | 20.2 | 72.9 | 4.4 | -31.8% |
| Total | 336 | 302 | 560 | 774 | 32.1% |
Top Export Markets for Benzene from the Netherlands in 2022:
- Belgium (466.9K tons)
- United States (128.8K tons)
- United Kingdom (47.1K tons)
- Germany (26.5K tons)
- Italy (15.8K tons)
- Portugal (12.3K tons)
This report provides an in-depth analysis of the benzene 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.
Product coverage:
- Prodcom 20141223 - Benzene
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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.
-
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
-
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
832
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In March 2023, the benzene price amounted to $954 per ton (CIF, Netherlands), stabilizing at the previous month.
135
In October 2022, Cyclohexane witnessed the highest growth rate, recording a month-to-month increase of 8,758%. In terms of value, exports of Cyclohexane surged to $6.6M in September 2023.
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In Nov 2022, ethylbenzene price decreased by -3.2% to $914/ton (CIF Netherlands) compared to the previous month.
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