Report Update: May 1, 2024

Belgium - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights

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Industrial Fatty Alcohols Price in Belgium - 2023

Industrial Fatty Alcohols Price in Belgium (CIF) - 2023

The average industrial fatty alcohols import price stood at $1,954 per ton in June 2023, jumping by 22% against the previous month. Over the period under review, the import price, however, saw a pronounced reduction. The import price peaked at $2,765 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from France ($2,331 per ton) and South Africa ($2,080 per ton), while the price for the Netherlands ($1,811 per ton) and Germany ($1,917 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 South Africa (+1.2%), while the prices for the other major suppliers experienced a decline.

Industrial Fatty Alcohols Price in Belgium (FOB) - 2023

The average industrial fatty alcohols export price stood at $2,511 per ton in June 2023, almost unchanged from the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 9% m-o-m. As a result, the export price reached the peak level of $3,046 per ton. From March 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($3,645 per ton), while the average price for exports to Italy ($2,236 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 Slovakia (+0.2%), while the prices for the other major destinations experienced a decline.

Industrial Fatty Alcohols Imports in Belgium

In 2022, industrial fatty alcohols imports into Belgium stood at 149K tons, surging by 11% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 78%. As a result, imports reached the peak of 160K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial fatty alcohols imports surged to $410M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Industrial Fatty Alcohols in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	22.8	91.4	120	172	96.1%
Germany	71.6	73.7	89.9	171	33.7%
France	36.4	28.8	25.5	43.7	6.3%
South Africa	N/A	10.9	11.0	14.2	14.1%
Others	4.0	10.5	2.6	8.9	30.5%
Total	135	215	249	410	44.8%

Top Suppliers of Industrial Fatty Alcohols to Belgium in 2022:

Netherlands (63.7K tons)
Germany (57.3K tons)
France (18.1K tons)
South Africa (7.1K tons)

Industrial Fatty Alcohols Exports in Belgium

In 2022, shipments abroad of industrial fatty alcohols decreased by -39.1% to 9.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 867%. As a result, the exports reached the peak of 24K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, industrial fatty alcohols exports reduced to $28M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 503%. As a result, the exports reached the peak of $36M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Industrial Fatty Alcohols in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	0.8	21.3	14.1	9.1	124.9%
Italy	0.2	5.4	6.9	5.9	209.0%
United Kingdom	N/A	0.4	2.9	2.7	159.8%
Slovakia	N/A	2.2	1.9	2.7	10.8%
Netherlands	0.6	0.6	1.0	1.5	35.7%
France	0.4	1.1	1.4	0.8	26.0%
Poland	0.2	1.2	0.1	0.3	14.5%
Others	3.8	4.0	3.0	4.9	8.8%
Total	6.0	36.3	31.3	27.9	66.9%

Top Export Markets for Industrial Fatty Alcohols from Belgium in 2022:

Germany (3.4K tons)
Italy (2.4K tons)
Slovakia (1.1K tons)
United Kingdom (0.7K tons)
Netherlands (0.4K tons)
France (0.2K tons)
Poland (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial fatty alcohols market in Belgium. 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 20142100 - Industrial fatty alcohols

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023