Belgium - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Belgium - 2021
Contents:
- Price for Polyethylene Glycol and Polyether in Belgium (FOB) - 2021
- Price for Polyethylene Glycol and Polyether in Belgium (CIF) - 2021
- Exports of Polyethylene Glycol and Polyether in Belgium
- Imports of Polyethylene Glycol and Polyether in Belgium
Price for Polyethylene Glycol and Polyether in Belgium (FOB) - 2021
The average polyethylene glycol and polyether export price stood at $2,919 per ton in November 2021, leveling off at the previous month. Over the period from November 2020 to November 2021, it increased at an average monthly rate of +2.6%. The pace of growth appeared the most rapid in May 2021 when the average export price increased by 9.5% month-to-month. Over the period under review, the average export prices reached the maximum at $2,957 per ton in July 2021; however, from August 2021 to November 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2021, the country with the highest price was Switzerland ($6,207 per ton), while the average price for exports to the United States ($1,998 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyethylene Glycol and Polyether in Belgium (CIF) - 2021
The average polyethylene glycol and polyether import price stood at $3,083 per ton in November 2021, approximately mirroring the previous month. Over the period from November 2020 to November 2021, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in August 2021 an increase of 20% m-o-m. As a result, import price reached the peak level of $3,456 per ton. From September 2021 to November 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,730 per ton), while the price for Saudi Arabia ($1,789 per ton) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyethylene Glycol and Polyether in Belgium
In 2022, polyethylene glycol and polyether exports from Belgium expanded to 641K tons, increasing by 2.2% on 2021 figures. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 656K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, polyethylene glycol and polyether exports declined to $1.5B in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $1.7B, and then fell in the following year.
Export of Polyethylene Glycol and Polyether in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 229 | 307 | 450 | 371 | 17.4% |
United Kingdom | 67.0 | 93.0 | 134 | 111 | 18.3% |
Netherlands | 65.7 | 103 | 128 | 106 | 17.3% |
Italy | 72.7 | 73.5 | 121 | 99.6 | 11.1% |
Spain | 42.8 | 69.8 | 109 | 89.5 | 27.9% |
Switzerland | 47.0 | 66.1 | 108 | 89.3 | 23.9% |
France | 75.3 | 79.0 | 96.5 | 88.1 | 5.4% |
Poland | 94.2 | 61.5 | 75.6 | 86.3 | -2.9% |
Russia | 19.5 | 41.9 | 61.1 | 50.3 | 37.1% |
Romania | 21.3 | 32.0 | 41.7 | 34.3 | 17.2% |
Turkey | 19.9 | 22.4 | 38.9 | 32.0 | 17.2% |
Slovakia | 20.1 | 24.8 | 31.8 | 26.3 | 9.4% |
Czech Republic | 14.1 | 25.1 | 30.8 | 25.4 | 21.7% |
Others | 202 | 281 | 303 | 297 | 13.7% |
Total | 991 | 1,280 | 1,730 | 1,505 | 14.9% |
Top Export Markets for Polyethylene Glycol and Polyether from Belgium in 2022:
- Germany (157.5K tons)
- Poland (46.1K tons)
- United Kingdom (44.9K tons)
- Italy (42.5K tons)
- France (41.5K tons)
- Spain (37.8K tons)
- Netherlands (35.5K tons)
- Switzerland (21.6K tons)
- Russia (20.9K tons)
- Romania (18.6K tons)
- Turkey (15.0K tons)
- Slovakia (13.4K tons)
- Czech Republic (12.4K tons)
Imports of Polyethylene Glycol and Polyether in Belgium
In 2022, after three years of growth, there was decline in purchases abroad of polyethylene glycols and polyethers in primary forms, when their volume decreased by -4.7% to 222K tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64%.
In value terms, polyethylene glycol and polyether imports contracted notably to $559M in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 66%.
Import of Polyethylene Glycol and Polyether in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 123 | 183 | 232 | 189 | 15.4% |
Germany | 54.7 | 92.1 | 189 | 154 | 41.2% |
Spain | 25.2 | 37.2 | 59.1 | 48.1 | 24.0% |
Romania | 5.2 | 20.8 | 38.0 | 30.9 | 81.1% |
Poland | 4.6 | 19.1 | 29.5 | 24.0 | 73.4% |
Japan | 9.7 | 21.8 | 22.6 | 18.4 | 23.8% |
China | 2.2 | 2.1 | 22.5 | 18.3 | 102.6% |
United States | 14.6 | 24.5 | 16.6 | 17.5 | 6.2% |
France | 5.8 | 8.6 | 9.0 | 7.3 | 8.0% |
Saudi Arabia | 4.1 | 3.9 | 4.6 | 4.1 | 0.0% |
Others | 15.5 | 26.5 | 55.3 | 47.6 | 45.4% |
Total | 265 | 439 | 679 | 559 | 28.2% |
Top Suppliers of Polyethylene Glycol and Polyether to Belgium in 2022:
- Netherlands (94.7K tons)
- Germany (35.3K tons)
- Spain (21.5K tons)
- Poland (14.1K tons)
- Romania (12.9K tons)
- Japan (7.6K tons)
- China (7.4K tons)
- United States (6.5K tons)
- France (4.6K tons)
- Saudi Arabia (3.3K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether 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.
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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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