EU: M-Xylene And Xylenes Market 2024

M-Xylene And Xylenes Market Size in the EU

The EU m-xylene and xylenes market was estimated at $X in 2022, growing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; afterwards, it flattened through to 2022.

M-Xylene And Xylenes Production in the EU

In value terms, m-xylene and xylenes production rose significantly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

M-Xylene And Xylenes Exports

Exports in the EU

In 2022, overseas shipments of m-xylene and mixed xylene isomers were finally on the rise to reach X tons after four years of decline. In general, exports, however, faced a deep downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, m-xylene and xylenes exports surged to $X in 2022. Over the period under review, exports, however, faced a deep reduction. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium dominates exports structure, recording X tons, which was near X% of total exports in 2022. The Netherlands (X tons) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the m-xylene and mixed xylene isomers exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) emerged as the largest m-xylene and xylenes supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

In Belgium, m-xylene and xylenes exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price recorded mild growth. As a result, the export price reached the peak level and is likely to continue 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 Belgium (X%).

M-Xylene And Xylenes Imports

Imports in the EU

In 2022, supplies from abroad of m-xylene and mixed xylene isomers increased by X% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, imports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, m-xylene and xylenes imports skyrocketed to $X in 2022. Overall, imports, however, showed a slight setback. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belgium dominates imports structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), achieving a X% share of total imports. The following importers - Spain (X tons) and Germany (X tons) - together made up X% of total imports.

Belgium was also the fastest-growing in terms of the m-xylene and mixed xylene isomers imports, with a CAGR of X% from 2012 to 2022. At the same time, Germany (X%) displayed positive paces of growth. By contrast, Spain (X%) and the Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Spain (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported m-xylene and mixed xylene isomers in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

In Belgium, m-xylene and xylenes imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

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. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2022.

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 Spain ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform