Key Market Indicators
Belgian imports of Xylene are projected to decline by 1.9% year-on-year CAGR between 2021 and 2026, from 54.8 million kilograms in 2021 to 54.8 million kilograms in 2026. This is a decrease from the 5.4% year-on-year decline since 2004. In 2021, Italy overtook Belgium to become the fourth-largest importer of Xylene, at 60.6 million kilograms. Germany, Italy and Belgium placed second, third and fourth respectively in this ranking. Belgian exports of Xylene are projected to grow by 2.5% year-on-year CAGR between 2021 and 2026, from 10.2 million kilograms in 2021 to 11.9 million kilograms in 2026. This is an increase from the 2.7% year-on-year growth since 2004. In 2021, Spain surpassed Belgium to become the fifteenth-largest exporter of Xylene, at 10.2 million kilograms. Singapore, the United States and the Netherlands placed second, third and fourth respectively in this ranking.