Netherlands: Argon Market 2024

Argon Market Size in the Netherlands

The Dutch argon market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Argon Production in the Netherlands

In value terms, argon production soared to $X in 2022 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

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Argon Exports

Exports from the Netherlands

Argon exports from the Netherlands declined rapidly to X cubic meters in 2022, dropping by X% on 2021 figures. Overall, exports, however, saw a measured increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, argon exports dropped slightly to $X in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

The UK (X cubic meters), France (X cubic meters) and Belgium (X cubic meters) were the main destinations of argon exports from the Netherlands, together accounting for X% of total exports. Germany, Italy, Spain, Ireland, Israel, Poland, Portugal and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for argon exported from the Netherlands were the UK ($X), France ($X) and Belgium ($X), with a combined X% share of total exports. Spain, Germany, Ireland, Italy, Israel, Poland, Portugal and Sweden lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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 average argon export price amounted to $X per cubic meter, jumping by X% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Argon Imports

Imports into the Netherlands

In 2022, imports of argon into the Netherlands reduced sharply to X cubic meters, which is down by X% against 2021 figures. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, argon imports declined notably to $X in 2022. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X cubic meters) constituted the largest argon supplier to the Netherlands, accounting for a X% share of total imports. Moreover, argon imports from Belgium exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (X% per year) and Germany (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of argon to the Netherlands, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Romania (X% per year).

Import Prices by Country

The average argon import price stood at $X per cubic meter in 2022, growing by X% against the previous year. Overall, the import price enjoyed a mild increase. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for Romania ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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