You can access the Chemicals Monthly Briefing prepared by Dr Moncef HADHRI, Economic Affairs Manager at Cefic here.

The key findings are;

EU27 chemicals business slightly improves.

Destocking in chemicals is coming to an end.

Assessment of overall order books showed gradual improvement until March-2024.

EU27 chemicals prices: 34% above the pre-crisis levels.

2024 shows a weak start for most EU27 sectors.

EU27 manufacturing output in 2024: 4.1% below 2023 level.

Germany reached the highest output level since July-2022.

EU27 chemicals output in Q1-2024: 0.6% above Q1-2023.

EU27 chemicals prices (2024): 34% above the pre-crisis levels.

China continue to report a high level of chemical production.

Global chemicals production, up by 5.8% in Q1-2024.

You can also acces the extended Chemicals Monthly Report (CMR) here.