Europe: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in Europe

In 2020, the Europe acyclic hydrocarbons market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a pronounced reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain momentum.

Acyclic Hydrocarbons Production in Europe

In value terms, acyclic hydrocarbons production shrank significantly to $X in 2020 estimated in export price. Overall, production, however, recorded a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Acyclic Hydrocarbons Exports

Exports in Europe

In 2020, the amount of acyclic hydrocarbons exported in Europe expanded slightly to X tons, growing by X% on 2019. Overall, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

In value terms, acyclic hydrocarbons exports contracted rapidly to $X in 2020. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained 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), Russia (X tons) and the UK (X tons) were the key exporters of acyclic hydrocarbons, together generating X% of total exports. The following exporters - France (X tons), Poland (X tons), Italy (X tons), Hungary (X tons) and Norway (X tons) - together made up X% of total exports.

From 2012 to 2020, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. The UK, Russia, France, Italy, Poland, Norway and Hungary lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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 Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Acyclic Hydrocarbons Imports

Imports in Europe

In 2020, purchases 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 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2020, the growth of imports failed to regain momentum.

In value terms, acyclic hydrocarbons imports shrank rapidly to $X in 2020. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Belgium was the key importing country with an import of around X tons, which finished at X% of total imports. 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 near 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 Europe, 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. While the share of Finland (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of France (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 ($X) constitutes the largest market for imported acyclic hydrocarbons in Europe, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2020, the average annual growth rate of value in Belgium stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2020, falling by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a 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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