EU: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in the EU

The EU cyclic hydrocarbons market dropped dramatically to $X in 2022, falling by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cyclic Hydrocarbons Production in the EU

In value terms, cyclic hydrocarbons production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a mild downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Cyclic Hydrocarbons Exports

Exports in the EU

In 2022, cyclic hydrocarbons exports in the European Union declined to X tons, waning by X% against 2021. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports rose rapidly to $X in 2022. Over the period under review, exports saw a perceptible decrease. 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 attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands was the major exporter of cyclic hydrocarbons in the European Union, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Belgium (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), Spain (X%) and France (X%). The following exporters - Italy (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons exports from the Netherlands stood at X%. At the same time, Italy (X%), Spain (X%), Belgium (X%) and France (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Spain (X p.p.) and France (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain, France, Italy and Poland lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Italy ($X per ton) and France ($X per ton), while Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Cyclic Hydrocarbons Imports

Imports in the EU

In 2022, overseas purchases of cyclic hydrocarbons decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, cyclic hydrocarbons imports totaled $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) represented the largest importer of cyclic hydrocarbons, creating X% of total imports. It was distantly followed by the Netherlands (X tons), Germany (X tons), France (X tons), Portugal (X tons) and Italy (X tons), together creating a X% share of total imports. Spain (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 Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclic hydrocarbons importing markets in the European Union were Belgium ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total imports. France, Italy, Portugal and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Portugal, 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

In 2022, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Portugal ($X per ton) and the Netherlands ($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 more modest paces of growth.

Source: IndexBox Platform

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