Benelux: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Benelux

In 2023, after two years of growth, there was significant decline in the Benelux saturated acyclic monocarboxylic acids market, when its value decreased by X% to $X. The total consumption indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

Production of Saturated Acyclic Monocarboxylic Acids in Benelux

In value terms, saturated acyclic monocarboxylic acids production shrank to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports in Benelux

In 2023, shipments abroad of saturated acyclic monocarboxylic acids decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids exports dropped dramatically to $X in 2023. Overall, exports, however, recorded a notable expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then shrank sharply in the following year.

Exports by Country

In 2023, Belgium (X tons) represented the main exporter of saturated acyclic monocarboxylic acids, committing X% of total exports. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of saturated acyclic monocarboxylic acids. The Netherlands experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest saturated acyclic monocarboxylic acids supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Belgium amounted to X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, with a decrease of X% against the previous year. Export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Saturated Acyclic Monocarboxylic Acids

Imports in Benelux

In 2023, purchases abroad of saturated acyclic monocarboxylic acids decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids imports reduced markedly to $X in 2023. Over the period under review, imports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2022, and then reduced notably in the following year.

Imports by Country

In 2023, Belgium (X tons) represented the key importer of saturated acyclic monocarboxylic acids, comprising X% of total imports. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of saturated acyclic monocarboxylic acids. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2023. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported saturated acyclic monocarboxylic acids in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Belgium stood at X%.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, declining by X% against the previous year. Import price indicated a pronounced expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, saturated acyclic monocarboxylic acids import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then shrank notably in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform