Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (CIF) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (FOB) - 2022
  3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium
  4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (CIF) - 2022

The average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $1,534 per ton in 2022, increasing by 20% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds increased by +95.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 India ($2,006 per ton), while the price for Portugal ($1,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (FOB) - 2022

The average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $1,725 per ton in 2022, surging by 19% against the previous year. In general, the export price, however, showed a slight downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 22%. Over the period under review, the average export prices attained the maximum at $1,924 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,299 per ton), while the average price for exports to Germany ($836 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 the UK (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium

Imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds into Belgium contracted slightly to 141K tons in 2022, shrinking by -2.2% compared with 2021 figures. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports reached the peak of 144K tons, and then reduced in the following year.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $216M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.641.312095.739.0%
Netherlands1.00.711.764.9301.9%
Portugal19.815.033.832.117.5%
India2.84.74.26.028.9%
Italy0.60.60.54.494.3%
Others18.416.013.912.4-12.3%
Total78.378.418421640.2%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Belgium in 2022:

  1. Germany (65.7K tons)
  2. Netherlands (38.9K tons)
  3. Portugal (27.4K tons)
  4. India (3.0K tons)
  5. Italy (2.3K tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds, which increased by 15% to 47K tons in 2022. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $81M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.41.72.833.6141.0%
Italy2.11.61.718.3105.8%
Germany8.111.314.410.17.6%
United States2.93.23.53.910.4%
France14.814.121.31.8-50.5%
China2.01.92.01.6-7.2%
United Kingdom1.92.51.71.1-16.7%
Others6.89.611.610.314.8%
Total41.045.859.180.925.4%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Belgium in 2022:

  1. Netherlands (16.2K tons)
  2. Germany (12.1K tons)
  3. Italy (10.4K tons)
  4. United States (2.0K tons)
  5. France (1.0K tons)
  6. China (0.7K tons)
  7. United Kingdom (0.3K tons)

Source: IndexBox Market Intelligence Platform

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