EU: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in the EU

In 2022, the EU benzoyl peroxide and chloride market increased by X% to $X, rising for the second year in a row after three years of decline. The total consumption indicated a resilient expansion 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Production of Benzoyl Peroxide And Benzoyl Chloride in the EU

In value terms, benzoyl peroxide and chloride production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in years to come.

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Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports in the EU

In 2022, shipments abroad of benzoyl peroxide and benzoyl chloride decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Total exports indicated a slight 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 increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, benzoyl peroxide and chloride exports soared to $X in 2022. Over the period under review, exports, however, posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) was the largest exporter of benzoyl peroxide and benzoyl chloride, constituting X% of total exports. Belgium (X tons) ranks second in terms of the total exports with a X% share, followed by Italy (X%), Poland (X%) and the Netherlands (X%).

Germany experienced a relatively flat trend pattern with regard to volume of exports of benzoyl peroxide and benzoyl chloride. At the same time, the Netherlands (X%), Italy (X%) and Poland (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Italy (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.) and Belgium (X p.p.) displayed negative dynamics.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Poland and the Netherlands lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while Germany ($X per ton) was amongst the lowest.

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

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports in the EU

In 2022, approx. X tons of benzoyl peroxide and benzoyl chloride were imported in the European Union; picking up by X% on the year before. The total import volume 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 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. Total imports indicated prominent growth 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. Based on 2022 figures, imports increased by X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of benzoyl peroxide and chloride imports in 2022 were Germany (X tons), Poland (X tons), Italy (X tons), Belgium (X tons) and the Netherlands (X tons), together finishing at X% of total import. It was distantly followed by France (X tons), committing a X% share of total imports. Austria (X tons) took a relatively small share of total imports.

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

In value terms, the largest benzoyl peroxide and chloride importing markets in the European Union were Germany ($X), Italy ($X) and Belgium ($X), together accounting for X% of total imports. Poland, the Netherlands, France and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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