EU: Ethylbenzene Market 2024

Ethylbenzene Market Size in the EU

In 2022, the EU ethylbenzene market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, showed a pronounced setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ethylbenzene Production in the EU

In value terms, ethylbenzene production dropped slightly to $X in 2022 estimated in export price. Overall, production recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Ethylbenzene Exports

Exports in the EU

In 2022, approx. X tons of ethylbenzene were exported in the European Union; shrinking by X% against 2021. Overall, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined rapidly in the following year.

In value terms, ethylbenzene exports reduced to $X in 2022. Over the period under review, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium was the largest exporter of ethylbenzene in the European Union, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. The Czech Republic (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%).

From 2012 to 2022, average annual rates of growth with regard to ethylbenzene exports from Belgium stood at X%. The Czech Republic experienced a relatively flat trend pattern. Germany (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest ethylbenzene supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium totaled X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced a decline in the export price figures.

Ethylbenzene Imports

Imports in the EU

In 2022, the amount of ethylbenzene imported in the European Union reduced remarkably to X tons, waning by X% against the year before. In general, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ethylbenzene imports declined to $X in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) represented the major importer of ethylbenzene, committing X% of total imports. It was distantly followed by Poland (X tons), achieving a X% share of total imports. Italy (X tons) and the Czech Republic (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to ethylbenzene imports into the Netherlands stood at X%. At the same time, Italy (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Italy (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. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported ethylbenzene in the European Union, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In the Netherlands, ethylbenzene imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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