Benelux: Market for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) 2024

Market Size for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) in Benelux

The Benelux diols and polyhydric alcohols market soared to $X in 2022, increasing by X% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value 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. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Production of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) in Benelux

In value terms, diols and polyhydric alcohols production rose modestly to $X in 2022 estimated in export price. In general, production recorded a modest expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Exports in Benelux

In 2022, overseas shipments of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, diols and polyhydric alcohols exports surged to $X in 2022. Over the period under review, exports, however, recorded tangible growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The Netherlands was the key exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Belgium (X tons), mixing up a X% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol). At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. 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 Netherlands ($X) remains the largest diols and polyhydric alcohols supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, jumping by X% against the previous year. Export price indicated a pronounced expansion 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, diols and polyhydric alcohols export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

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

Imports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Imports in Benelux

In 2022, purchases abroad of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, diols and polyhydric alcohols imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons) was the key importer of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol), making up X% of total imports. It was distantly followed by Belgium (X tons), mixing up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a prominent increase 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, diols and polyhydric alcohols import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 stood at $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