Belgium - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in Belgium - 2023
Contents:
- Acrylic Acid Esters Price in Belgium (FOB) - 2023
- Acrylic Acid Esters Price in Belgium (CIF) - 2023
- Acrylic Acid Esters Exports in Belgium
- Acrylic Acid Esters Imports in Belgium
Acrylic Acid Esters Price in Belgium (FOB) - 2023
In June 2023, the average acrylic acid esters export price amounted to $2,050 per ton, increasing by 3.3% against the previous month. Overall, the export price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 10% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,767 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was China ($3,268 per ton), while the average price for exports to the Netherlands ($1,551 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Acrylic Acid Esters Price in Belgium (CIF) - 2023
The average acrylic acid esters import price stood at $1,631 per ton in June 2023, with a decrease of -9.8% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in September 2022 an increase of 11% month-to-month. As a result, import price attained the peak level of $2,341 per ton. From October 2022 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were the Netherlands ($1,890 per ton) and France ($1,881 per ton), while the price for Germany ($1,473 per ton) and Saudi Arabia ($1,512 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (-0.6%), while the prices for the other major suppliers experienced a decline.
Acrylic Acid Esters Exports in Belgium
In 2022, overseas shipments of esters of acrylic acid decreased by -49.1% to 161K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 64% against the previous year.
In value terms, acrylic acid esters exports dropped sharply to $410M in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, the exports attained the peak of $714M, and then declined remarkably in the following year.
Export of Acrylic Acid Esters in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 53.2 | 67.7 | 192 | 112 | 28.2% |
United States | 14.1 | 32.2 | 58.1 | 57.4 | 59.7% |
United Kingdom | 20.2 | 27.8 | 62.0 | 31.8 | 16.3% |
France | 10.3 | 19.7 | 57.0 | 29.8 | 42.5% |
China | 14.9 | 30.1 | 40.5 | 24.4 | 17.9% |
Switzerland | 13.5 | 21.0 | 39.1 | 21.1 | 16.1% |
Turkey | 22.8 | 46.1 | 27.0 | 20.3 | -3.8% |
Slovenia | 0.1 | 0.2 | 23.6 | 19.3 | 477.9% |
Sweden | 12.4 | 21.3 | 41.5 | 17.6 | 12.4% |
Finland | 14.7 | 29.6 | 36.8 | 15.2 | 1.1% |
Netherlands | 13.3 | 12.3 | 41.9 | 14.1 | 2.0% |
Italy | 11.7 | 21.4 | 33.0 | 11.3 | -1.2% |
Saudi Arabia | 2.0 | 1.7 | 4.0 | 5.6 | 40.9% |
Others | 18.0 | 28.5 | 57.7 | 29.9 | 18.4% |
Total | 221 | 359 | 714 | 410 | 22.9% |
Top Export Markets for Acrylic Acid Esters from Belgium in 2022:
- Germany (37.0K tons)
- United States (25.1K tons)
- United Kingdom (15.8K tons)
- Slovenia (11.6K tons)
- Switzerland (11.4K tons)
- Turkey (10.2K tons)
- France (9.1K tons)
- China (7.8K tons)
- Finland (6.7K tons)
- Netherlands (5.0K tons)
- Sweden (5.0K tons)
- Saudi Arabia (3.3K tons)
- Italy (3.3K tons)
Acrylic Acid Esters Imports in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of esters of acrylic acid, when their volume decreased by -61.9% to 118K tons. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 161% against the previous year.
In value terms, acrylic acid esters imports declined significantly to $264M in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of $616M, and then dropped notably in the following year.
Import of Acrylic Acid Esters in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 46.1 | 127 | 179 | 109 | 33.2% |
Taiwan (Chinese) | 0.6 | 0.8 | 45.2 | 35.8 | 290.8% |
China | 4.4 | 6.2 | 98.8 | 25.8 | 80.3% |
France | 12.6 | 26.1 | 62.3 | 22.3 | 21.0% |
United States | 25.9 | 48.3 | 61.2 | 20.1 | -8.1% |
Netherlands | 5.8 | 10.7 | 29.8 | 16.1 | 40.5% |
Russia | 1.4 | 10.1 | 32.8 | 6.7 | 68.5% |
Austria | 5.0 | 11.2 | 49.8 | 2.5 | -20.6% |
Others | 26.5 | 36.9 | 56.4 | 25.1 | -1.8% |
Total | 128 | 277 | 616 | 264 | 27.3% |
Top Suppliers of Acrylic Acid Esters to Belgium in 2022:
- Germany (58.1K tons)
- Taiwan (Chinese) (14.8K tons)
- China (10.0K tons)
- France (9.4K tons)
- United States (7.4K tons)
- Netherlands (4.9K tons)
- Russia (3.0K tons)
- Austria (1.1K tons)
This report provides an in-depth analysis of the acrylic acid esters market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143320 - Esters of acrylic acid
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
Explore the top import markets for acrylic acid esters and delve into key statistics and numbers behind these markets.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...