Cefic Chemicals Monthly Report (CMR) 25 October 2022

Slide presentation and Summary Information of the "Cefic Chemical Industry Monthly Report (CMR)" for the quarter dated October 25, 2022 is presented for your information.

10.11.2022

Cefic Chemical Industry Monthly Report (CMR)" for the quarter, dated October 25, 2022, are presented for your information.


Key Findings:


  • Economic Sentiment is declining rapidly.
  • The Economic Sentiment Indicator (ESI) continued to decline sharply in September 2022 both in the EU and the Eurozone. The Employment Prospects Indicator (EEI) declined more moderately, strikingly above the long-term average.
  • Chemicals business confidence dropped further.
  • The Economic Uncertainty Indicator (EUI) rose markedly in September. Uncertainty increased across all business sectors; In particular, consumer uncertainty rose sharply and reached an all-time high.
  • Chemical production decreased while other manufacturing continued to increase.
  • Chemical production in the EU27 region decreased by 2.1% in the January-August 2022 period compared to the same period in 2021.
  • Oil and gas prices have fallen but still well above 2021 levels.
  • In September 2022, the price of oil in euros fell again. Prices of imported raw materials (excluding energy) in euros decreased.
  • Drewry World Container Index drops significantly.
  • Chemical sales prices are well above historical levels
  • Employment prospects worsened in chemicals


Summary of Chemical Monthly Report 25 Ekim 2022

EU27 Chemical Trade - Slides 25 Ekim 2022