Belgium: Market for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function 2024

Market Size for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Belgium

The Belgian market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function reduced markedly to $X in 2023, which is down by X% against the previous year. In general, consumption, however, enjoyed a tangible increase. Over the period under review, the market reached the peak level at $X in 2022, and then contracted notably in the following year.

Production of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Belgium

In value terms, production of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function declined to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a deep reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Exports from Belgium

In 2023, approx. X tons of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function were exported from Belgium; which is down by X% on 2022 figures. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function skyrocketed to $X in 2023. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2023 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from Belgium, accounting for a X% share of total exports. Moreover, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to the United States exceeded the volume sent to the second major destination, Germany (X tons), ninefold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) remains the key foreign market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average export price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Imports into Belgium

After seven years of growth, supplies from abroad of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function decreased by X% to X tons in 2023. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then contracted rapidly in the following year.

In value terms, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function fell remarkably to $X in 2023. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

In 2023, Germany (X tons) constituted the largest supplier of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to Belgium, with a X% share of total imports. Moreover, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The United States (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Germany ($X), China ($X) and France ($X) constituted the largest camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function suppliers to Belgium, with a combined X% share of total imports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform