Benelux: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Benelux

After two years of growth, the Benelux saturated acyclic monocarboxylic acids market decreased by X% to $X in 2023. The total consumption indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced remarkably in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in Benelux

In value terms, saturated acyclic monocarboxylic acids production reduced to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in Benelux

In 2023, overseas shipments of saturated acyclic monocarboxylic acids decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids exports declined markedly to $X in 2023. In general, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2022, and then shrank sharply in the following year.

Exports by Country

Belgium was the major exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by the Netherlands (X tons), creating a X% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of saturated acyclic monocarboxylic acids. The Netherlands experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest saturated acyclic monocarboxylic acids supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

In Belgium, saturated acyclic monocarboxylic acids exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, dropping by X% against the previous year. Export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in Benelux

In 2023, purchases abroad of saturated acyclic monocarboxylic acids decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids imports declined notably to $X in 2023. Overall, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then contracted remarkably in the following year.

Imports by Country

Belgium represented the largest importer of saturated acyclic monocarboxylic acids in Benelux, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Netherlands (X tons), making up a X% share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of saturated acyclic monocarboxylic acids. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2023. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported saturated acyclic monocarboxylic acids in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

In Belgium, saturated acyclic monocarboxylic acids imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a notable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then reduced sharply in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform