Cyclic Hydrocarbons; M-Xylene Price in the UK - 2023
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in the UK (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Price in the UK (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Exports in the UK
- Cyclic Hydrocarbons; M-Xylene Imports in the UK
Cyclic Hydrocarbons; M-Xylene Price in the UK (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $17,477 per ton in 2022, rising by 1.7% 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, cyclic hydrocarbons; m-xylene export price increased by +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 81%. As a result, the export price attained the peak level of $26,592 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($20,966 per ton), while the average price for exports to the United Arab Emirates ($3,090 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 the Netherlands (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Cyclic Hydrocarbons; M-Xylene Price in the UK (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $14,946 per ton, declining by -25.6% against the previous year. Overall, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 277% against the previous year. The import price peaked at $29,340 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($78,540 per ton), while the price for Ireland ($10,811 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cyclic Hydrocarbons; M-Xylene Exports in the UK
In 2022, the amount of cyclic hydrocarbons; m-xylenes exported from the UK skyrocketed to 12 tons, increasing by 734% on the previous year. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; m-xylene exports skyrocketed to $211K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cyclic Hydrocarbons; M-Xylene in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.7 | N/A | 5.0 | 180 | 373.1% |
| United States | N/A | N/A | N/A | 11.2 | 0% |
| Germany | 17.3 | 13.1 | 17.3 | 8.2 | -22.0% |
| Singapore | N/A | N/A | N/A | 3.7 | 0% |
| United Arab Emirates | N/A | 0.5 | 0.8 | 3.1 | 149.0% |
| Ireland | 2.6 | 7.5 | 0.7 | 0.2 | -57.5% |
| Norway | N/A | 38.7 | N/A | N/A | 0% |
| Others | 17.7 | 9.9 | 1.2 | 4.9 | -34.8% |
| Total | 39.3 | 69.7 | 24.9 | 211 | 75.1% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from the UK in 2022:
- Ireland (undefined tons)
- Netherlands (8.6 tons)
- United States (1.1 tons)
- United Arab Emirates (1.0 tons)
- Singapore (0.4 tons)
- Germany (0.4 tons)
Cyclic Hydrocarbons; M-Xylene Imports in the UK
In 2022, overseas purchases of cyclic hydrocarbons; m-xylenes were finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, cyclic hydrocarbons; m-xylene imports skyrocketed to $22K in 2022. Over the period under review, imports, however, recorded a deep slump.
| Import of Cyclic Hydrocarbons; M-Xylene in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.5 | 6.1 | 0.3 | 8.8 | 36.0% |
| Ireland | 8.2 | N/A | N/A | 6.4 | -7.9% |
| Germany | 2.6 | 3.5 | 3.3 | 3.9 | 14.5% |
| Japan | 14.5 | 6.2 | 6.4 | 3.2 | -39.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.9 | 15.7 | 10.0 | 22.3 | -8.3% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to the UK in 2022:
- Belgium (680.0 kg)
- Ireland (593.0 kg)
- Japan (170.0 kg)
- Germany (50.0 kg)
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