Europe: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Europe

The Europe denatured ethyl alcohol market skyrocketed to $X in 2023, growing by X% against the previous year. The total consumption indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Denatured Ethyl Alcohol Production in Europe

In value terms, denatured ethyl alcohol production rose rapidly to $X in 2023 estimated in export price. The total production indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports in Europe

In 2023, approx. X litres of denatured ethyl alcohol and other denatured spirits were exported in Europe; waning by X% on the previous year. Overall, exports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X litres, and then shrank sharply in the following year.

In value terms, denatured ethyl alcohol exports shrank significantly to $X in 2023. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

The Netherlands was the largest exporting country with an export of about X litres, which accounted for X% of total exports. Spain (X litres) ranks second in terms of the total exports with a X% share, followed by France (X%), Belgium (X%), Poland (X%), Germany (X%) and Hungary (X%).

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Spain (X%), Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Belgium (X%), Germany (X%) and France (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Spain (X p.p.), Poland (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belgium (X p.p.), Germany (X p.p.) and France (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest denatured ethyl alcohol supplier in Europe, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

In the Netherlands, denatured ethyl alcohol exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in Europe stood at $X per litre in 2023, therefore, remained relatively stable against the previous year. Export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, denatured ethyl alcohol export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in the Netherlands ($X per litre) and France ($X per litre), while Spain ($X per litre) and Hungary ($X per litre) were amongst the lowest.

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

Denatured Ethyl Alcohol Imports

Imports in Europe

Denatured ethyl alcohol imports surged to X litres in 2023, jumping by X% compared with the previous year. Overall, imports continue to indicate temperate growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in the near future.

In value terms, denatured ethyl alcohol imports dropped to $X in 2023. In general, imports posted a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped in the following year.

Imports by Country

The Netherlands was the major importing country with an import of about X litres, which resulted at X% of total imports. Spain (X litres) took an X% share (based on physical terms) of total imports, which put it in second place, followed by the UK (X%), Germany (X%), Belgium (X%), Finland (X%) and the Czech Republic (X%). Greece (X litres) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to denatured ethyl alcohol imports into the Netherlands stood at X%. At the same time, Greece (X%), Finland (X%), the Czech Republic (X%), Spain (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2023. The UK experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Spain (X p.p.), Finland (X p.p.), Belgium (X p.p.), the Czech Republic (X p.p.) and Greece (X p.p.) significantly strengthened its position in terms of the total imports, while the UK and Germany saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per litre, declining by X% against the previous year. Overall, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per litre, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per litre), while Belgium ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform