Belgium - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPropylene Glycol Price in Belgium - 2023
Contents:
- Propylene Glycol Price in Belgium (FOB) - 2022
- Propylene Glycol Price in Belgium (CIF) - 2022
- Propylene Glycol Exports in Belgium
- Propylene Glycol Imports in Belgium
Propylene Glycol Price in Belgium (FOB) - 2022
In 2022, the average propylene glycol export price amounted to $2,808 per ton, waning by -2.6% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 116% against the previous year. As a result, the export price reached the peak level of $2,884 per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($3,784 per ton), while the average price for exports to the United States ($2,396 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 (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Propylene Glycol Price in Belgium (CIF) - 2022
In 2022, the average propylene glycol import price amounted to $2,461 per ton, with an increase of 17% against the previous year. Over the period under review, the import price showed a notable expansion. The pace of growth appeared the most rapid in 2021 an increase of 108% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 France ($3,012 per ton), while the price for Thailand ($685 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Propylene Glycol Exports in Belgium
In 2022, the amount of propylene glycol (propane-1,2-diol) exported from Belgium totaled 52K tons, increasing by 8.5% against 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51%. As a result, the exports reached the peak of 53K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, propylene glycol exports expanded significantly to $145M in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Propylene Glycol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.9 | 12.0 | 27.0 | 18.6 | 27.9% |
| United States | 0.3 | 0.5 | 2.0 | 8.7 | 207.2% |
| Germany | 7.1 | 11.4 | 20.7 | 6.9 | -0.9% |
| Italy | 5.1 | 5.0 | 13.7 | 6.2 | 6.7% |
| China | 1.2 | 2.1 | 3.0 | 5.8 | 69.1% |
| United Kingdom | 4.6 | 4.5 | 7.7 | 5.6 | 6.8% |
| Netherlands | 5.9 | 8.7 | 10.3 | 4.2 | -10.7% |
| Israel | 0.7 | 2.0 | 2.7 | 2.6 | 54.9% |
| Egypt | 0.6 | 0.3 | 0.6 | 2.3 | 56.5% |
| Denmark | 1.1 | 2.5 | 3.0 | 1.9 | 20.0% |
| South Africa | 0.7 | 0.9 | 3.0 | 1.6 | 31.7% |
| Spain | 0.7 | 1.1 | 4.2 | 1.5 | 28.9% |
| Sweden | 0.1 | 0.8 | 1.5 | 1.4 | 141.0% |
| Others | 11.7 | 19.0 | 37.7 | 77.6 | 87.9% |
| Total | 48.5 | 70.8 | 137 | 145 | 44.1% |
Top Export Markets for Propylene Glycol from Belgium in 2022:
- France (6.1K tons)
- United States (3.6K tons)
- United Kingdom (2.2K tons)
- Italy (2.1K tons)
- Germany (2.1K tons)
- Netherlands (1.7K tons)
- China (1.7K tons)
- Israel (0.8K tons)
- Egypt (0.6K tons)
- Denmark (0.6K tons)
- Sweden (0.5K tons)
- South Africa (0.4K tons)
- Spain (0.4K tons)
Propylene Glycol Imports in Belgium
Propylene glycol imports into Belgium soared to 75K tons in 2022, with an increase of 18% on 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, propylene glycol imports surged to $186M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Propylene Glycol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.0 | 27.7 | 54.3 | 29.5 | 12.0% |
| Netherlands | 13.8 | 13.8 | 43.2 | 21.8 | 16.5% |
| South Korea | 3.3 | 5.1 | 11.1 | 10.4 | 46.6% |
| France | 1.2 | 2.3 | 7.3 | 8.1 | 89.0% |
| Ireland | 3.0 | 4.3 | 6.0 | 5.8 | 24.6% |
| Spain | 0.5 | 4.7 | 3.2 | 4.5 | 108.0% |
| Thailand | 1.4 | 2.2 | 1.3 | 1.8 | 8.7% |
| Saudi Arabia | 3.9 | 2.1 | 3.7 | 0.9 | -38.7% |
| Others | 1.3 | 4.4 | 4.3 | 103 | 329.5% |
| Total | 49.5 | 66.6 | 134 | 186 | 55.5% |
Top Suppliers of Propylene Glycol to Belgium in 2022:
- Germany (10.3K tons)
- Netherlands (8.3K tons)
- South Korea (6.2K tons)
- Ireland (3.7K tons)
- France (2.7K tons)
- Thailand (2.6K tons)
- Spain (1.8K tons)
- Saudi Arabia (1.3K tons)
This report provides an in-depth analysis of the propylene glycol 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 20142320 - Propylene glycol (propane-1,2-diol)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
313
This report provides an in-depth analysis of the propylene glycol market in Belgium.
46
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in Belgium.
42
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in Belgium.
42
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in Belgium.
384
This report provides an in-depth analysis of the butanol market in Belgium.
559
This report provides an in-depth analysis of the methanol market in Belgium.
284
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in Belgium.
369
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Belgium.
327
This report provides an in-depth analysis of the octyl alcohol market in Belgium.
498
This report provides an in-depth analysis of the ethylene glycol market in Belgium.
247
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
833
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
412
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.
923
The use of methanol as an alternative fuel is in line with the new global green agenda and can become a new driver of the methanol market. Maritime and automotive fuels constitute the prospective methanol applications. China is the largest market for imported methanol, with import growth to persist, should more cars work on the methanol fuel.
190
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
1540
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
511
South Korea became the fastest-growing sorbitol importer in the past decade. From 2010 to 2020, supplies to South Korea rose from $3.1M to $19.2M, while in physical terms, they expanded from 3.4K to 17K tons.
703
The global alcohol market revenue amounted to $56.1B in 2018, remaining stable against the previous year. This...
887
In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports stood at $X in 2016. In general, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports co...
2751
In 2016, the global imports of alcohol amounted to X tons, shrinking by -X% against the previous year level. In general, alcohol imports continue to indicate a slight deduction. The pace of gro...
