Benzol Market

Benzol market: download new information provided by an Ai-driven BI platform. Datasets cover production, imports, market size, trade, consumption, exports, market prices, and companies. Here is a breakdown by region, including EU, the U.K., Africa, the U.S., Russia, the Middle East, China, and Latin America. Market trends and forecast to 2030 are also featured in the snapshots.


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Benzol - World's Largest Markets

RatingCountry
1China
2United States
3India
4Japan
5Brazil

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -2.6%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-6.5% per year) and India (-7.4% per year).

Benzol, Toluol And Xylol Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
France678542346-28.6%
Germany685640392-24.4%
Austria720554395-25.9%
Poland651576395-22.1%
Portugal755716459-22.0%
Spain764585461-22.3%
Thailand704659467-18.6%
South Korea811697467-24.1%
Belgium560521468-8.6%
Japan791672478-22.3%
Netherlands684636582-7.8%
United States869762640-14.2%
Average722630459-20.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($640 per tonne), while France ($346 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
China816694502-21.6%
Belgium768641496-19.6%
South Korea799678482-22.3%
Taiwan (Chinese)809692481-22.9%
Netherlands665646435-19.1%
United States643524383-22.8%
Germany662541367-25.5%
Average752661491-19.2%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($502 per tonne) and Belgium ($496 per tonne), while Germany ($367 per tonne) and the United States ($383 per tonne) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the import price figures.

Benzol, Toluol and Xylol - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.40.50.613.1%
South Korea10.90.5-29.8%
Netherlands0.60.60.3-26.5%
Taiwan (Chinese)0.60.50.3-33.4%
Belgium0.20.20.22.9%

In value terms, the largest benzol, toluol and xylol importing markets worldwide were China ($560M), South Korea ($511M) and the Netherlands ($340M), together accounting for 55% of global imports.

In terms of the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Benzol, Toluol and Xylol - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan1.51.30.8-24.5%
South Korea0.50.50.3-16.8%
Belgium0.20.20.326.8%
Germany0.30.20.3-14.6%
Netherlands0.10.10.221.1%

In value terms, Japan ($847M) remains the largest benzol, toluol and xylol supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by South Korea ($317M), with a 12% share of global exports. It was followed by Belgium, with a 11% share.

In Japan, benzol, toluol and xylol exports decreased by an average annual rate of -24.5% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-16.8% per year) and Belgium (+26.8% per year).

Benzol, Toluol and Xylol - Market Forecast

Driven by rising demand for benzol, toluol and xylol worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Benzol - Product Coverage

  • HS 270710 - Oils and products of the distillation of high temperature coal tar; benzole
  • HS 270720 - Oils and products of the distillation of high temperature coal tar; toluole
  • HS 270730 - Oils and products of the distillation of high temperature coal tar; xylole
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World - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for benzol, toluol and xylol.

South-Eastern Asia - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in South-Eastern Asia.

Southern Asia - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Southern Asia.

Latin America and the Caribbean - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Latin America and the Caribbean.

Eastern Asia - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Eastern Asia.

Middle East - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in the Middle East.

Australia and Oceania - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Australia and Oceania.

Northern America - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Northern America.

Central Asia - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Central Asia.

Africa - Benzol (Benzene), Toluol (Toluene) and Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for benzol, toluol and xylol in Africa.

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