Netherlands: Phenolic Resins Market 2024

Phenolic Resins Market Size in the Netherlands

In 2022, the Dutch phenolic resins market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a noticeable contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Phenolic Resins Production in the Netherlands

In value terms, phenolic resins production shrank remarkably to $X in 2022 estimated in export price. Overall, production saw a dramatic decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Phenolic Resins Exports

Exports from the Netherlands

After three years of growth, overseas shipments of phenolic resins in primary forms decreased by X% to X tons in 2022. In general, exports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, phenolic resins exports declined markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced rapidly in the following year.

Exports by Country

China (X tons), Germany (X tons) and Luxembourg (X tons) were the main destinations of phenolic resins exports from the Netherlands, together accounting for X% of total exports. The UK, Sri Lanka, Italy, Portugal, Spain, Poland, Turkey, France and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for phenolic resins exported from the Netherlands were Germany ($X), Luxembourg ($X) and Italy ($X), together comprising X% of total exports. China, the UK, Portugal, Sri Lanka, Spain, Austria, Poland, Turkey and France lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average phenolic resins export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price posted a tangible expansion. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Sri Lanka ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phenolic Resins Imports

Imports into the Netherlands

Phenolic resins imports into the Netherlands rose rapidly to X tons in 2022, picking up by X% on 2021. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, phenolic resins imports surged to $X in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Germany (X tons), Belgium (X tons) and Austria (X tons) were the main suppliers of phenolic resins imports to the Netherlands, together accounting for X% of total imports. France, Portugal, Sweden and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and France ($X) were the largest phenolic resins suppliers to the Netherlands, together comprising X% of total imports. Portugal, Austria, Sweden and Poland lagged somewhat behind, together comprising a further X%.

Sweden, 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

In 2022, the average phenolic resins import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform