Netherlands: Propene Market 2024

Propene Market Size in the Netherlands

The Dutch propene market shrank to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed strong growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Propene Production in the Netherlands

In value terms, propene production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in the near future.

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Propene Exports

Exports from the Netherlands

Propene exports from the Netherlands contracted rapidly to X tons in 2022, shrinking by X% compared with the previous year. The total export 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 in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, propene exports shrank to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Belgium (X tons), Germany (X tons) and Colombia (X tons) were the main destinations of propene exports from the Netherlands, with a combined X% share of total exports. Mexico and Egypt lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for propene exported from the Netherlands were Belgium ($X), Germany ($X) and Colombia ($X), with a combined X% share of total exports. Mexico and Egypt lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average propene export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

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

Propene Imports

Imports into the Netherlands

In 2022, approx. X tons of propene (propylene) were imported into the Netherlands; dropping by X% against 2021 figures. 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, propene imports reduced to $X in 2022. Overall, imports, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), Spain (X tons) and the UK (X tons) were the main suppliers of propene imports to the Netherlands, with a combined X% share of total imports. Belgium, France, the United Arab Emirates, Lithuania, Norway, Sweden, Finland, Portugal, the United States and Latvia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest propene suppliers to the Netherlands were Germany ($X), Spain ($X) and the UK ($X), together comprising X% of total imports. France, Belgium, the United Arab Emirates, Lithuania, Norway, Sweden, Finland, the United States, Latvia and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to 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 average propene import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($X per ton) and the United States ($X per ton), while the price for Germany ($X per ton) and Belgium ($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 United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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