Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (CIF) - 2023
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (FOB) - 2023
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (CIF) - 2023
In May 2023, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $943 per ton, picking up by 48% against the previous month. In general, the import price, however, continues to indicate a mild decrease. Over the period under review, average import prices reached the peak figure at $1,389 per ton in July 2022; however, from August 2022 to May 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From May 2022 to May 2023, the rate of growth in terms of prices for Germany amounted to -1.8% per month.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (FOB) - 2023
The average export price for cyclic hydrocarbons; mixed xylene isomerses stood at $1,077 per ton in June 2023, falling by -4.4% against the previous month. Overall, the export price showed a pronounced decrease. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 48% m-o-m. The export price peaked at $1,648 per ton in November 2022; however, from December 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was Germany ($1,447 per ton), while the average price for exports to the Netherlands totaled $1,074 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.8%).
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium
For the fourth consecutive year, Belgium recorded growth in overseas purchases of cyclic hydrocarbons; mixed xylene isomerses, which increased by 33% to 380K tons in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports skyrocketed to $387M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 107%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.9 | 68.4 | 197 | 371 | 192.0% |
| Netherlands | 11.5 | 18.8 | 1.2 | 11.5 | 0.0% |
| United States | 20.4 | 5.1 | 3.1 | N/A | -61.0% |
| Portugal | 42.9 | 6.5 | 0.4 | N/A | -90.3% |
| Others | 3.2 | 0.6 | 3.6 | 5.2 | 17.6% |
| Total | 92.9 | 99.4 | 206 | 387 | 60.9% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Belgium in 2022:
- United States (undefinedK tons)
- Germany (366.9K tons)
- Netherlands (9.1K tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses exported from Belgium soared to 76K tons, with an increase of 1,332% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports skyrocketed to $101M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 0.3 | 97.1 | 32266.7% |
| Germany | 2.4 | 1.2 | 0.7 | 2.1 | -4.4% |
| United Arab Emirates | 1.1 | N/A | 2.2 | N/A | 41.4% |
| Others | 1.2 | 1.8 | 0.3 | 1.5 | 7.7% |
| Total | 4.6 | 3.0 | 3.7 | 101 | 180.0% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Belgium in 2022:
- United Arab Emirates (undefinedK tons)
- Netherlands (70.1K tons)
- Germany (5.3K tons)
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