EU: O-Xylene Market 2024

O-Xylene Market Size in the EU

The EU o-xylene market surged to $X in 2022, growing by X% against the previous year. The market 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

O-Xylene Production in the EU

In value terms, o-xylene production stood at $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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O-Xylene Exports

Exports in the EU

In 2022, approx. X tons of o-xylene were exported in the European Union; almost unchanged from the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, o-xylene exports surged to $X in 2022. In general, exports, however, showed a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands was the key exporter of o-xylene in the European Union, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. France (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), Hungary (X%) and Spain (X%). The following exporters - Slovakia (X tons) and Belgium (X tons) - together made up X% of total exports.

The Netherlands was also the fastest-growing in terms of the o-xylene exports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%) displayed positive paces of growth. By contrast, Spain (X%), Slovakia (X%), Belgium (X%), Germany (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, the Netherlands and Hungary increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Belgium ($X per ton) and Germany ($X per ton), while the Netherlands ($X per ton) and Spain ($X per ton) were 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.

O-Xylene Imports

Imports in the EU

In 2022, the amount of o-xylene imported in the European Union fell slightly to X tons, with a decrease of X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, o-xylene imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), Italy (X tons), Austria (X tons) and Sweden (X tons) represented the largest importers of o-xylene, together constituting X% of total imports. Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main 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 o-xylene importing markets in the European Union were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports.

In terms of the main importing countries, Germany, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Sweden ($X per ton) and Italy ($X per ton), while Bulgaria ($X per ton) and Germany ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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