Belgium: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Belgium

In 2022, the Belgian market for unsaturated polyesters in primary forms increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a perceptible contraction. Unsaturated polyesters in primary forms consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Unsaturated Polyesters In Primary Forms in Belgium

In value terms, unsaturated polyesters in primary forms production fell to $X in 2022 estimated in export price. In general, production, however, showed a precipitous descent. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Unsaturated polyesters in primary forms production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Unsaturated Polyesters In Primary Forms

Exports from Belgium

In 2022, the amount of unsaturated polyesters in primary forms exported from Belgium dropped to X tons, which is down by X% against 2021 figures. Overall, total exports indicated a noticeable increase from 2012 to 2022: its volume 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. Based on 2022 figures, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, unsaturated polyesters in primary forms exports contracted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for unsaturated polyesters in primary forms exports from Belgium, accounting for a X% share of total exports. Moreover, unsaturated polyesters in primary forms exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at 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 Netherlands ($X) remains the key foreign market for unsaturated polyesters in primary forms exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands 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).

Export Prices by Country

The average export price for unsaturated polyesters in primary forms stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Belgium

In 2022, overseas purchases of unsaturated polyesters in primary forms decreased by X% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, unsaturated polyesters in primary forms imports amounted to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main suppliers of unsaturated polyesters in primary forms imports to Belgium, together comprising X% of total imports. Bulgaria, Germany, Poland and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and the Netherlands ($X) constituted the largest unsaturated polyesters in primary forms suppliers to Belgium, together comprising X% of total imports. Germany, the UK, Bulgaria and Poland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for unsaturated polyesters in primary forms amounted to $X per ton, rising by X% against the previous year. Over the period under review, 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. Based on 2022 figures, unsaturated polyesters in primary forms import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform