United Kingdom: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the UK

The UK mixed alkylbenzenes, mixed alkylnaphthalenes market plummeted to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption saw a deep slump. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the UK

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production contracted slightly to $X in 2023 estimated in export price. In general, production saw a deep contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from the UK

In 2023, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were exported from the UK; dropping by X% on 2022 figures. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports reduced to $X in 2023. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

Exports by Country

Algeria (X tons) was the main destination for mixed alkylbenzenes, mixed alkylnaphthalenes exports from the UK, with a X% share of total exports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes exports to Algeria exceeded the volume sent to the second major destination, Spain (X tons), twofold. Belgium (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 Algeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Belgium (X% per year).

In value terms, Algeria ($X) emerged as the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from the UK, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Algeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Australia (X% per year).

Export Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($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 Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into the UK

In 2023, imports of mixed alkylbenzenes, mixed alkylnaphthalenes into the UK declined rapidly to X tons, with a decrease of X% compared with the previous year's figure. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports reduced notably to $X in 2023. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to the UK, with a X% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by South Korea (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and South Korea (X% per year).

In value terms, Italy ($X), Spain ($X) and South Korea ($X) were the largest mixed alkylbenzenes, mixed alkylnaphthalenes suppliers to the UK, together accounting for X% of total imports.

South Korea, with a CAGR of X%, recorded 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 a decline.

Import Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform