EU: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in the EU

In 2023, the EU fluorescent brightening agents market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a slight descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Fluorescent Brightening Agents Production in the EU

In value terms, fluorescent brightening agents production expanded modestly to $X in 2023 estimated in export price. Overall, production saw a mild downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Fluorescent Brightening Agents Exports

Exports in the EU

Fluorescent brightening agents exports declined significantly to X tons in 2023, falling by X% against 2022 figures. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, fluorescent brightening agents exports declined markedly to $X in 2023. Over the period under review, exports recorded a mild descent. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) and Spain (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Italy (X tons) and the Netherlands (X tons), together comprising a X% share of total exports. Belgium (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest fluorescent brightening agents supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

In Germany, fluorescent brightening agents exports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Export price indicated measured growth from 2012 to 2023: its price 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, fluorescent brightening agents export price increased by X% against 2021 indices. The growth pace was the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Fluorescent Brightening Agents Imports

Imports in the EU

In 2023, fluorescent brightening agents imports in the European Union dropped markedly to X tons, which is down by X% on the year before. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports shrank markedly to $X in 2023. In general, imports saw a mild curtailment. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Finland (X tons), Germany (X tons), Italy (X tons), Sweden (X tons), France (X tons), Poland (X tons), Austria (X tons), Slovakia (X tons), Spain (X tons) and Portugal (X tons) was the major importer of synthetic organic products used as fluorescent brightening agents in the European Union, achieving X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Finland, Spain, Sweden, Poland, Portugal, Austria and Slovakia lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, standing approx. at the previous year. Import price indicated perceptible growth from 2012 to 2023: its price 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, fluorescent brightening agents import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform