Belgium - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diethylene Glycol and Digol in Belgium - 2023
Contents:
- Price for Diethylene Glycol and Digol in Belgium (FOB) - 2023
- Price for Diethylene Glycol and Digol in Belgium (CIF) - 2022
- Exports of Diethylene Glycol and Digol in Belgium
- Imports of Diethylene Glycol and Digol in Belgium
Price for Diethylene Glycol and Digol in Belgium (FOB) - 2023
The average diethylene glycol and digol export price stood at $853 per ton in August 2023, which is down by -3.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 6% month-to-month. The export price peaked at $898 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to France ($919 per ton) and Estonia ($882 per ton), while the average price for exports to the Netherlands ($824 per ton) and Poland ($854 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Diethylene Glycol and Digol in Belgium (CIF) - 2022
The average diethylene glycol and digol import price stood at $687 per ton in 2022, falling by -23.3% against the previous year. Overall, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. The import price peaked at $1,192 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,386 per ton), while the price for the United States ($624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Diethylene Glycol and Digol in Belgium
In 2022, overseas shipments of 2,2-oxydiethanol (diethylene glycol, digol) decreased by -60% to 80K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 63%.
In value terms, diethylene glycol and digol exports contracted remarkably to $70M in 2022. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 116%.
| Export of Diethylene Glycol and Digol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.2 | 82.0 | 146 | 42.2 | 6.2% |
| Netherlands | 7.5 | 10.0 | 41.2 | 14.6 | 24.9% |
| France | 3.5 | 3.5 | 6.6 | 2.4 | -11.8% |
| Poland | 0.7 | 3.1 | 6.4 | 2.3 | 48.7% |
| United Kingdom | 4.9 | 5.8 | 4.8 | 2.0 | -25.8% |
| Austria | 1.0 | 3.4 | 5.0 | 0.9 | -3.5% |
| Others | 3.7 | 14.2 | 19.7 | 5.7 | 15.5% |
| Total | 56.6 | 122 | 229 | 70.2 | 7.4% |
Top Export Markets for Diethylene Glycol and Digol from Belgium in 2022:
- Germany (47.4K tons)
- Netherlands (17.8K tons)
- Poland (2.7K tons)
- France (2.5K tons)
- United Kingdom (2.3K tons)
- Austria (0.9K tons)
Imports of Diethylene Glycol and Digol in Belgium
In 2022, purchases abroad of 2,2-oxydiethanol (diethylene glycol, digol) decreased by -59.6% to 44K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 126% against the previous year.
In value terms, diethylene glycol and digol imports declined dramatically to $31M in 2022. In general, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 171%.
| Import of Diethylene Glycol and Digol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 27.9 | 39.1 | 18.9 | 45.8% |
| Saudi Arabia | 10.5 | 27.9 | 37.4 | 9.1 | -4.7% |
| India | 2.3 | 1.9 | N/A | 1.0 | -24.2% |
| Germany | 1.9 | 1.9 | 2.5 | 0.9 | -22.0% |
| China | N/A | N/A | 4.2 | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 6.7 | N/A | 0% |
| Others | 2.1 | 2.3 | 8.9 | 0.5 | -38.0% |
| Total | 22.9 | 62.0 | 98.8 | 30.6 | 10.1% |
Top Suppliers of Diethylene Glycol and Digol to Belgium in 2022:
- China (undefinedK tons)
- United States (30.3K tons)
- Saudi Arabia (11.5K tons)
- India (1.3K tons)
- Germany (0.7K tons)
This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
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.
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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
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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
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