Price for Ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ether in Belgium - 2023

Contents:

1. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium (FOB) - 2023
2. Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium (CIF) - 2023
3. Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium
4. Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium (FOB) - 2023

In October 2023, the average export price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $8,020 per ton, with an increase of 54% against the previous month. Overall, the export price posted a notable expansion. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 404% m-o-m. Over the period under review, the average export prices hit record highs in October 2023.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($44,662 per ton), while the average price for exports to the UK ($6,100 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium (CIF) - 2023

In October 2023, the average import price for ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers amounted to $4,102 per ton, picking up by 54% against the previous month. Overall, the import price showed a pronounced increase. The pace of growth was the most pronounced in December 2022 when the average import price increased by 809% against the previous month. As a result, import price attained the peak level of $9,767 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($11,559 per ton), while the price for India stood at $2,554 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium

For the fourth year in a row, Belgium recorded growth in shipments abroad of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers, which increased by 15% to 590 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 90%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers soared to $3.6M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether from Belgium in 2022:

1. Netherlands (121.5 tons)
2. France (90.5 tons)
3. Germany (83.0 tons)
4. Hungary (63.9 tons)
5. Italy (62.0 tons)
6. United Kingdom (54.2 tons)
7. Poland (41.7 tons)

Imports of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether in Belgium

In 2022, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers into Belgium fell markedly to 933 tons, waning by -41% compared with 2021. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 340% against the previous year. As a result, imports attained the peak of 1.6K tons, and then shrank dramatically in the following year.

In value terms, imports of ethers; acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, diethyl ethers dropped rapidly to $2.9M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 211%. As a result, imports attained the peak of $4M, and then contracted notably in the following year.

Top Suppliers of Ethers; Acyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives, Diethyl Ether to Belgium in 2022:

1. Germany (615.2 tons)
2. India (179.5 tons)
3. United Kingdom (53.3 tons)
4. Netherlands (44.1 tons)
5. Czech Republic (19.0 tons)

Source: IndexBox Market Intelligence Platform