Belgium - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Belgium - 2023
Contents:
- Carboxylic Acid Price in Belgium (CIF) - 2022
- Carboxylic Acid Price in Belgium (FOB) - 2022
- Carboxylic Acid Imports in Belgium
- Carboxylic Acid Exports in Belgium
Carboxylic Acid Price in Belgium (CIF) - 2022
In 2022, the average carboxylic acid import price amounted to $2,495 per ton, waning by -7.4% against the previous year. In general, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $4,095 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,447 per ton), while the price for France ($1,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced a decline.
Carboxylic Acid Price in Belgium (FOB) - 2022
The average carboxylic acid export price stood at $2,977 per ton in 2022, shrinking by -2.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 43%. Over the period under review, the average export prices reached the peak figure at $3,439 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($4,007 per ton), while the average price for exports to Russia ($1,145 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 Austria (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Carboxylic Acid Imports in Belgium
For the fourth year in a row, Belgium recorded growth in purchases abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, which increased by 1.4% to 71K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, carboxylic acid imports contracted to $178M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year.
| Import of Carboxylic Acid in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.6 | 23.0 | 25.9 | 32.1 | 14.1% |
| South Korea | 3.0 | 19.9 | 28.2 | 27.4 | 109.0% |
| Netherlands | 40.7 | 32.1 | 31.6 | 26.9 | -12.9% |
| Italy | 6.8 | 13.9 | 18.2 | 21.0 | 45.6% |
| Germany | 22.0 | 21.2 | 21.9 | 18.9 | -4.9% |
| India | 6.5 | 12.0 | 12.4 | 12.5 | 24.4% |
| United States | 6.2 | 17.2 | 14.5 | 11.5 | 22.9% |
| Taiwan (Chinese) | 9.4 | 6.9 | 14.8 | 7.9 | -5.6% |
| France | 7.6 | 5.3 | 5.6 | 5.7 | -9.1% |
| Others | 14.1 | 15.0 | 16.6 | 14.0 | -0.2% |
| Total | 138 | 166 | 189 | 178 | 8.9% |
Top Suppliers of Carboxylic Acid to Belgium in 2022:
- Netherlands (16.2K tons)
- Germany (13.7K tons)
- China (10.7K tons)
- South Korea (8.4K tons)
- India (5.4K tons)
- United States (5.3K tons)
- France (4.1K tons)
- Italy (3.9K tons)
- Taiwan (Chinese) (2.0K tons)
Carboxylic Acid Exports in Belgium
After three years of growth, overseas shipments of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -4.3% to 57K tons in 2022. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 33%.
In value terms, carboxylic acid exports declined to $169M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year.
| Export of Carboxylic Acid in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.6 | 32.0 | 42.5 | 50.6 | 58.9% |
| Netherlands | 11.8 | 20.6 | 21.4 | 25.0 | 28.4% |
| France | 8.2 | 20.3 | 22.4 | 23.7 | 42.4% |
| Italy | 2.2 | 16.5 | 17.8 | 15.0 | 89.6% |
| Spain | 2.5 | 8.0 | 9.6 | 8.1 | 48.0% |
| United States | 7.2 | 11.9 | 15.0 | 5.6 | -8.0% |
| Poland | 1.1 | 2.8 | 3.8 | 3.3 | 44.2% |
| Turkey | 1.7 | 1.2 | 1.4 | 2.6 | 15.2% |
| Russia | 1.2 | 1.0 | 2.5 | 1.0 | -5.9% |
| Others | 33.3 | 41.7 | 45.3 | 34.0 | 0.7% |
| Total | 81.8 | 156 | 182 | 169 | 27.4% |
Top Export Markets for Carboxylic Acid from Belgium in 2022:
- Germany (13.4K tons)
- Netherlands (12.5K tons)
- France (8.0K tons)
- Italy (3.9K tons)
- United States (2.4K tons)
- Spain (2.1K tons)
- Poland (1.7K tons)
- Turkey (1.0K tons)
- Russia (0.9K tons)
This report provides an in-depth analysis of the carboxylic acid market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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1232
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
961
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
705
In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
639
In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
