Belgium: Market for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function 2024

Market Size for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Belgium

The Belgian market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function was estimated at $X in 2022, almost unchanged from the previous year. Overall, consumption continues to indicate a mild contraction. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Belgium

In value terms, production of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function dropped modestly to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Exports from Belgium

After three years of decline, shipments abroad of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function increased by X% to X tons in 2022. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function surged to $X in 2022. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from Belgium, with a X% share of total exports. Moreover, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to the United States exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the United States ($X) remains the key foreign market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average export price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Imports into Belgium

For the third year in a row, Belgium recorded growth in supplies from abroad of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function, which increased by X% to X tons in 2022. In general, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function surged to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function supplier to Belgium, accounting for a X% share of total imports. Moreover, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

Import Prices by Country

The average import price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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