Belgium - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Belgium - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Polycarboxylic Acid Price in Belgium - 2023

Contents:

  1. Polycarboxylic Acid Price in Belgium (FOB) - 2023
  2. Polycarboxylic Acid Price in Belgium (CIF) - 2023
  3. Polycarboxylic Acid Exports in Belgium
  4. Polycarboxylic Acid Imports in Belgium

Polycarboxylic Acid Price in Belgium (FOB) - 2023

The average polycarboxylic acid export price stood at $1,113 per ton in August 2023, standing approximately at the previous month. Overall, the export price, however, showed a perceptible downturn. The growth pace was the most rapid in November 2022 when the average export price increased by 8.1% m-o-m. Over the period under review, the average export prices reached the maximum at $1,536 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was France ($1,829 per ton), while the average price for exports to Turkey ($763 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.7%), while the prices for the other major destinations experienced a decline.

Polycarboxylic Acid Price in Belgium (CIF) - 2023

The average polycarboxylic acid import price stood at $1,735 per ton in August 2023, waning by -2.5% against the previous month. Over the period under review, the import price saw a pronounced downturn. The growth pace was the most rapid in December 2022 an increase of 13% against the previous month. As a result, import price attained the peak level of $2,578 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2,126 per ton), while the price for Sweden ($1,138 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.8%), while the prices for the other major suppliers experienced a decline.

Polycarboxylic Acid Exports in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of polycarboxylic acids, when their volume decreased by -44.1% to 631K tons. Overall, exports faced a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 7.5% against the previous year.

In value terms, polycarboxylic acid exports shrank markedly to $763M in 2022. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of $1B, and then reduced notably in the following year.

Export of Polycarboxylic Acid in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany253192249229-3.3%
Italy56.248.585.411627.3%
Netherlands75.157.510610511.8%
Turkey12314021594.4-8.4%
France41.232.544.664.416.1%
Spain51.420.764.043.2-5.6%
Greece15.09.233.636.734.7%
United Kingdom10550.724.321.8-40.8%
India69.734.2N/A0.1-88.7%
Others65.910718652.5-7.3%
Total8566921,008763-3.8%

Top Export Markets for Polycarboxylic Acid from Belgium in 2022:

  1. Germany (192.8K tons)
  2. Turkey (100.8K tons)
  3. Italy (92.7K tons)
  4. Netherlands (73.3K tons)
  5. France (47.9K tons)
  6. Spain (38.6K tons)
  7. Greece (32.5K tons)
  8. United Kingdom (19.6K tons)
  9. India (0.1K tons)

Polycarboxylic Acid Imports in Belgium

In 2022, overseas purchases of polycarboxylic acids decreased by -37.1% to 132K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year.

In value terms, polycarboxylic acid imports contracted notably to $285M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +36.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, imports reached the peak of $350M, and then reduced dramatically in the following year.

Import of Polycarboxylic Acid in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.127.767.168.215.6%
Netherlands57.835.594.067.25.2%
Germany47.154.480.054.65.0%
Poland6.920.015.019.340.9%
United States11.015.615.114.28.9%
South Korea6.17.56.312.828.0%
France3.16.212.39.846.8%
Austria6.811.719.18.05.6%
Italy4.15.811.57.924.4%
Spain7.39.79.34.3-16.2%
Portugal5.32.7N/A4.1-8.2%
Taiwan (Chinese)0.60.51.03.885.0%
Others7.929.519.210.610.3%
Total20822735028511.1%

Top Suppliers of Polycarboxylic Acid to Belgium in 2022:

  1. Netherlands (31.6K tons)
  2. Germany (27.0K tons)
  3. China (27.0K tons)
  4. Poland (11.8K tons)
  5. South Korea (7.0K tons)
  6. United States (4.2K tons)
  7. France (3.7K tons)
  8. Austria (3.6K tons)
  9. Portugal (3.3K tons)
  10. Italy (3.1K tons)
  11. Spain (2.8K tons)
  12. Taiwan (Chinese) (2.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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