EU: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in the EU

In 2020, the EU acyclic hydrocarbons market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a abrupt descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Acyclic Hydrocarbons Production in the EU

In value terms, acyclic hydrocarbons production dropped significantly to $X in 2020 estimated in export price. Over the period under review, production showed a deep downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

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Acyclic Hydrocarbons Exports

Exports in the EU

In 2020, the amount of acyclic hydrocarbons exported in the European Union was estimated at X tons, with an increase of X% against 2019. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, acyclic hydrocarbons exports fell to $X in 2020. Overall, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

In 2020, the Netherlands (X tons), distantly followed by Germany (X tons), Belgium (X tons), France (X tons) and Poland (X tons) were the largest exporters of acyclic hydrocarbons, together mixing up X% of total exports. The following exporters - Italy (X tons) and Hungary (X tons) - each resulted at a X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), with a combined X% share of total exports. France, Italy, Poland and Hungary lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2020, the export price in the European Union amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Acyclic Hydrocarbons Imports

Imports in the EU

In 2020, supplies from abroad of acyclic hydrocarbons decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2020, imports failed to regain momentum.

In value terms, acyclic hydrocarbons imports dropped notably to $X in 2020. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Belgium represented the main importer of acyclic hydrocarbons in the European Union, with the volume of imports amounting to X tons, which was near X% of total imports in 2020. Germany (X tons) took the second position in the ranking, followed by the Netherlands (X tons), Sweden (X tons), Finland (X tons), France (X tons), Spain (X tons) and Italy (X tons). All these countries together held approx. X% share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of acyclic hydrocarbons. At the same time, Finland (X%) and Italy (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2020. Sweden, Spain and Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Finland and Belgium increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported acyclic hydrocarbons in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Belgium amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2020, dropping by X% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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