Europe: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Europe

In 2022, the Europe aromatic hydrocarbon mixtures market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a mild expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Aromatic Hydrocarbon Mixtures Production in Europe

In value terms, aromatic hydrocarbon mixtures production rose sharply to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aromatic Hydrocarbon Mixtures Exports

Exports in Europe

In 2022, exports of naphthalene and other aromatic hydrocarbon mixtures in Europe reduced notably to X tons, waning by X% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures exports expanded rapidly to $X in 2022. Overall, exports continue to indicate a slight slump. 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 hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented the largest exporters of naphthalene and other aromatic hydrocarbon mixtures in 2022, reaching near X% and X% of total exports, respectively. The UK (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Russia (X%) and France (X%). Portugal (X tons), Poland (X tons), Italy (X tons), Sweden (X tons), Denmark (X tons), Estonia (X tons) and Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Belgium, Russia, France, Denmark, Poland, Sweden, Portugal, Estonia, Italy and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 Europe amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Denmark ($X per ton), while Italy ($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 mixed trends in the export price figures.

Aromatic Hydrocarbon Mixtures Imports

Imports in Europe

After three years of growth, supplies from abroad of naphthalene and other aromatic hydrocarbon mixtures decreased by X% to X tons in 2022. Total imports indicated a temperate expansion 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, imports increased by X% against 2015 indices. 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 2021, and then declined in the following year.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. Over the period under review, imports, 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, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in imports structure, together constituting X% of total imports. It was distantly followed by Germany (X tons) and Gibraltar (X tons), together comprising an X% share of total imports. Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Gibraltar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Gibraltar, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a mild setback. The pace of growth was the most pronounced 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.

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

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

Source: IndexBox Platform

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