Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium - 2023

Contents:

  1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (FOB) - 2022
  2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (CIF) - 2023
  3. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium
  4. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (FOB) - 2022

In 2022, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $5,539 per ton, increasing by 27% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($11,088 per ton), while the average price for exports to the United States ($2,395 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 Ireland (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (CIF) - 2023

In October 2023, the average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $10,638 per ton, falling by -8.5% against the previous month. Over the period under review, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 196% m-o-m. Over the period under review, average import prices reached the peak figure at $11,620 per ton in September 2023, and then declined in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Saudi Arabia ($26,483 per ton), while the price for Turkey ($1,514 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium

Exports of carboxyamide-function compounds; amide-function compounds of carbonic acids from Belgium totaled 49K tons in 2022, with an increase of 1.6% compared with the year before. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 71% against the previous year. As a result, the exports reached the peak of 61K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids skyrocketed to $270M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 86%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.932.843.763.431.5%
France13.233.351.063.168.5%
United States14.523.518.630.828.5%
Italy2.516.218.130.7130.7%
Netherlands3.66.68.79.035.7%
Ireland4.17.85.98.125.5%
Switzerland3.42.74.47.831.9%
Hungary4.29.35.26.918.0%
Spain2.87.45.76.633.1%
United Kingdom5.49.14.55.1-1.9%
Mexico1.00.62.14.868.7%
India0.62.73.42.663.0%
Others22.043.338.031.212.4%
Total10519520927037.0%

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from Belgium in 2022:

  1. United States (12.9K tons)
  2. Germany (10.1K tons)
  3. France (8.4K tons)
  4. Italy (2.8K tons)
  5. Mexico (1.8K tons)
  6. Switzerland (1.8K tons)
  7. Netherlands (1.3K tons)
  8. United Kingdom (1.3K tons)
  9. Hungary (1.3K tons)
  10. Spain (1.0K tons)
  11. Ireland (0.9K tons)
  12. India (0.8K tons)

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium

In 2022, approx. 57K tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were imported into Belgium; with an increase of 5.3% compared with the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids soared to $257M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.132.733.056.431.0%
China16.341.032.955.950.8%
United States5.827.649.031.876.3%
India11.510.725.329.336.6%
France15.518.523.422.212.7%
Netherlands7.311.68.811.717.0%
Saudi Arabia0.72.03.76.6111.3%
Others16.030.333.042.938.9%
Total98.217420925737.8%

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to Belgium in 2022:

  1. Germany (32.3K tons)
  2. United States (4.8K tons)
  3. Netherlands (4.5K tons)
  4. China (3.9K tons)
  5. India (3.8K tons)
  6. Saudi Arabia (2.8K tons)
  7. France (1.5K tons)

Source: IndexBox Market Intelligence Platform

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