Benelux: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Market Size in Benelux

The Benelux derivatives of hydrocarbons market reduced rapidly to $X in 2022, declining by X% against the previous year. Overall, consumption, however, enjoyed a temperate increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Derivatives Of Hydrocarbons Production in Benelux

In value terms, derivatives of hydrocarbons production fell sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 with a decrease of X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Derivatives Of Hydrocarbons Exports

Exports in Benelux

Derivatives of hydrocarbons exports skyrocketed to X tons in 2022, growing by X% on 2021 figures. Overall, exports showed a modest expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, derivatives of hydrocarbons exports surged to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium was the key exporter of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in Benelux, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), creating a X% share of total exports.

Belgium was also the fastest-growing in terms of the derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the largest derivatives of hydrocarbons supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Derivatives Of Hydrocarbons Imports

Imports in Benelux

In 2022, purchases abroad of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, derivatives of hydrocarbons imports declined dramatically to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) represented the main importer of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups, committing X% of total imports. It was distantly followed by the Netherlands (X tons), committing a X% share of total imports.

Belgium was also the fastest-growing in terms of the derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

In Belgium, derivatives of hydrocarbons imports contracted by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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