You can access the Chemicals Monthly Briefing prepared by Dr Moncef HADHRI, Economic Affairs Manager at Cefic here.
The key findings are;
- Economic sentiment broadly stable in the EU27 area
- EU27 construction confidence improved slightly
- The current level of overall order books decreased slightly in July 2024
- European gas prices(July 2024): 4.7 times higher than in the USA
- European gas prices in 2024 (Jan-July): 70% above the pre-crisis levels (2014-2019)
- EU27 chemicals prices, down by 6.0% in 2024 (Jan-June)
- EU27 chemicals capacity utilisation slightly down in Q2-2024
- EU27 chemical industry output outperforms other EU27 manufacturing sectors (1H-2024)
- Main EU27 countries showed better production results in 2024 (Jan-June)
- EU27 chemicals production is following its slow recovery
- EU27 chemicals exports (€bn) down by about 3% in 1H-2024
- EU27 chemicals imports (€bn) down by 12% in 1H-2024
- EU27 chemicals trade surplus (€bn) up by 54% in 1H-2024
- Global chemicals production, up by 6.1% in 2024 (Jan-June)
You can also acces the extended Chemicals Monthly Report (CMR) here.