You can access the Chemicals Monthly Briefing prepared by Dr Moncef HADHRI, Economic Affairs Manager at Cefic here.
The key findings are;
- Industrial production in many developed economies has bottomed out and entered a period of growth; the EU situation is patchy.
- The current level of overall order books shows a slight improvement in June 2024.
- EU27 chemicals production on the road to recovery in 2024.
- EU27 chemicals capacity utilisation improves after the Q1-2023 ‘low’.
- EU27 chemical industry output outperforms other EU27 manufacturing sectors (Jan-Apr).
- Main EU27 countries showed better production results in 2024 (Jan-Apr).
- EU27 chemicals trade surplus reached the highest level (€14.8 bn) since Q1-2002.
- Specialty chemicals contribute most to EU27 exports in 2024.
- The US and UK markets are the two main sources of EU27 chemical export growth in 2024.
- Global chemicals production, up by 4.4% in 2024 (Jan-Apr).
You can also acces the extended Chemicals Monthly Report (CMR) here.