EU: Market for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters 2024

Market Size for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in the EU

For the fourth consecutive year, the EU market for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated a tangible 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, consumption increased by X% against 2019 indices. The level of consumption peaked in 2023 and is likely to see steady growth in years to come.

Production of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in the EU

In value terms, production of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters expanded significantly to $X in 2023 estimated in export price. The total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs in 2023 and is expected to retain growth in the immediate term.

Exports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Exports in the EU

In 2023, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters in the European Union declined notably to X tons, dropping by X% on the previous year's figure. Overall, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters dropped sharply to $X in 2023. In general, exports recorded a slight decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2022, and then shrank significantly in the following year.

Exports by Country

The biggest shipments were from Italy (X tons), Germany (X tons), the Czech Republic (X tons), Spain (X tons) and France (X tons), together recording X% of total export. It was distantly followed by Belgium (X tons), making up a X% share of total exports. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters supplying countries in the European Union were Germany ($X), Italy ($X) and the Czech Republic ($X), with a combined X% share of total exports.

The Czech Republic, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Imports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Imports in the EU

In 2023, after three years of growth, there was significant decline in overseas purchases of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters, when their volume decreased by X% to X tons. In general, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then contracted significantly in the following year.

In value terms, imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters fell sharply to $X in 2023. Total imports indicated notable growth 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. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2023, France (X tons), distantly followed by Germany (X tons), Spain (X tons), the Netherlands (X tons), Belgium (X tons), Poland (X tons), Italy (X tons) and Romania (X tons) were the major importers of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters, together constituting X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters importing markets in the European Union were France ($X), Germany ($X) and Spain ($X), together comprising X% of total imports. The Netherlands, Italy, Belgium, Poland and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded 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

In 2023, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Import price indicated pronounced growth from 2012 to 2023: its price 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, import price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters increased by X% against 2018 indices. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Netherlands ($X per ton) and Spain ($X per ton), while Poland ($X per ton) and Belgium ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform