Benelux: Market for Polyolefins other than Polypropylene 2024

Market Size for Polyolefins other than Polypropylene in Benelux

The Benelux polyolefins other than polypropylene market soared to $X in 2023, with an increase of X% against the previous year. In general, consumption showed buoyant growth. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Production of Polyolefins other than Polypropylene in Benelux

In value terms, polyolefins other than polypropylene production reduced to $X in 2023 estimated in export price. The total production indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2022, and then dropped in the following year.

Exports of Polyolefins other than Polypropylene

Exports in Benelux

In 2023, overseas shipments of polyolefins other than polypropylene decreased by X% to X tons, falling for the third consecutive year after five years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, polyolefins other than polypropylene exports reduced markedly to $X in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then reduced rapidly in the following year.

Exports by Country

Belgium represented the main exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then declined in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Polyolefins other than Polypropylene

Imports in Benelux

Polyolefins other than polypropylene imports rose to X tons in 2023, surging by X% against 2022 figures. Over the period under review, imports showed a temperate increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to continue growth in the immediate term.

In value terms, polyolefins other than polypropylene imports declined to $X in 2023. Overall, imports continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, Belgium (X tons) represented the largest importer of polyolefins other than polypropylene, constituting X% of total imports. It was distantly followed by the Netherlands (X tons), committing a X% share of total imports. Luxembourg (X tons) held a little share of total imports.

Belgium was also the fastest-growing in terms of the polyolefins other than polypropylene imports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. Luxembourg experienced a relatively flat trend pattern. While the share of Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest polyolefins other than polypropylene importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform