Europe: P-Xylene Market 2024

P-Xylene Market Size in Europe

The Europe p-xylene market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a perceptible expansion. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

P-Xylene Production in Europe

In value terms, p-xylene production reduced to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

P-Xylene Exports

Exports in Europe

For the third consecutive year, Europe recorded decline in shipments abroad of p-xylene, which decreased by X% to X tons in 2022. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, p-xylene exports declined markedly to $X in 2022. Over the period under review, exports recorded a abrupt descent. 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 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands represented the key exporting country with an export of about X tons, which reached X% of total exports. France (X tons) took the second position in the ranking, followed by Russia (X tons) and Belgium (X tons). All these countries together held near X% share of total exports. Germany (X tons) followed a long way behind the leaders.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) and Germany (X%) illustrated a downward trend over the same period. France (X p.p.), Belgium (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest p-xylene supplier in Europe, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

P-Xylene Imports

Imports in Europe

In 2022, after five years of growth, there was significant decline in purchases abroad of p-xylene, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw modest growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell rapidly in the following year.

In value terms, p-xylene imports rose markedly to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal represented the key importer of p-xylene in Europe, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. The Netherlands (X tons) held the second position in the ranking, followed by Belgium (X tons) and Spain (X tons). All these countries together held approx. X% share of total imports. Poland (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 leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest p-xylene importing markets in Europe were Portugal ($X), the Netherlands ($X) and Belgium ($X), together comprising X% of total imports. Spain and Poland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

In 2022, the import price in Europe amounted to $X per ton, jumping by X% against the previous year. Overall, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Belgium ($X per ton) and the Netherlands ($X per ton), while Poland ($X per ton) and Portugal ($X per ton) were 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 a decline in the import price figures.

Source: IndexBox Platform

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