Belgium - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlkyd Resins Price in Belgium - 2023
Contents:
- Alkyd Resins Price in Belgium (FOB) - 2023
- Alkyd Resins Price in Belgium (CIF) - 2022
- Alkyd Resins Exports in Belgium
- Alkyd Resins Imports in Belgium
Alkyd Resins Price in Belgium (FOB) - 2023
In July 2023, the average alkyd resins export price amounted to $2,706 per ton, which is down by -3.8% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 9.2% m-o-m. Over the period under review, the average export prices hit record highs at $3,159 per ton in March 2023; however, from April 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Sweden ($5,441 per ton), while the average price for exports to the Netherlands ($2,293 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Alkyd Resins Price in Belgium (CIF) - 2022
The average alkyd resins import price stood at $2,520 per ton in 2022, with an increase of 20% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 France ($4,592 per ton), while the price for Estonia ($2,044 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkyd Resins Exports in Belgium
For the third year in a row, Belgium recorded decline in overseas shipments of alkyd resins in primary forms, which decreased by -16.2% to 13K tons in 2022. In general, exports recorded a abrupt curtailment. The smallest decline of -3.5% was in 2020.
In value terms, alkyd resins exports reached $36M in 2022. The total export value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Alkyd Resins in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 13.2 | 11.6 | 14.5 | 17.0 | 8.8% |
Spain | 3.5 | 3.2 | 5.2 | 4.9 | 11.9% |
Netherlands | 3.7 | 4.6 | 4.6 | 3.3 | -3.7% |
France | 3.0 | 3.3 | 3.2 | 2.9 | -1.1% |
Turkey | 0.4 | 0.5 | 0.9 | 1.7 | 62.0% |
Sweden | 0.4 | 0.8 | 1.4 | 1.2 | 44.2% |
India | 0.7 | 0.3 | 1.3 | 1.1 | 16.3% |
Finland | 1.4 | 1.3 | 1.6 | 1.0 | -10.6% |
Others | 1.8 | 2.4 | 2.8 | 2.7 | 14.5% |
Total | 28.0 | 28.1 | 35.6 | 36.0 | 8.7% |
Top Export Markets for Alkyd Resins from Belgium in 2022:
- Germany (6.8K tons)
- Spain (2.0K tons)
- Netherlands (1.4K tons)
- France (0.9K tons)
- Turkey (0.4K tons)
- India (0.4K tons)
- Sweden (0.4K tons)
- Finland (0.3K tons)
Alkyd Resins Imports in Belgium
After three years of growth, supplies from abroad of alkyd resins in primary forms decreased by -17.5% to 12K tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year.
In value terms, alkyd resins imports shrank slightly to $29M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $29M, leveling off in the following year.
Import of Alkyd Resins in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.2 | 7.0 | 12.2 | 10.3 | 25.6% |
Germany | 3.4 | 4.5 | 4.8 | 6.6 | 24.7% |
Poland | 3.5 | 1.4 | 3.7 | 4.4 | 7.9% |
Spain | N/A | 2.3 | 3.3 | 3.3 | 19.8% |
Estonia | 0.9 | 1.0 | 1.1 | 1.4 | 15.9% |
United Kingdom | 0.8 | 1.6 | 1.6 | 1.3 | 17.6% |
France | 0.7 | 1.0 | 1.2 | 0.6 | -5.0% |
Others | 1.0 | 0.7 | 1.2 | 1.0 | 0.0% |
Total | 15.6 | 19.4 | 29.2 | 29.0 | 23.0% |
Top Suppliers of Alkyd Resins to Belgium in 2022:
- Netherlands (4.9K tons)
- Germany (2.3K tons)
- Poland (1.4K tons)
- Spain (1.4K tons)
- Estonia (0.7K tons)
- United Kingdom (0.5K tons)
- France (0.1K tons)
This report provides an in-depth analysis of the alkyd resins 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 20164050 - Alkyd resins, in primary forms
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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