Silicone Market Overview in the Netherlands
In value terms, silicone production totaled $12M in 2010 estimated in export prices. Overall, silicone production continues to indicate a deep setback. The growth pace was the most rapid in 2008 with an increase of 4.5% against the previous year. In that year, silicone production reached its peak level of $14M. From 2009 to 2010, silicone production growth remained at a somewhat lower figure.
The revenue of the silicone market in the Netherlands amounted to $92M in 2010, surging by 3.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.2% over the period from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by 12% against the previous year. In that year, the silicone market reached its peak level of $96M. From 2009 to 2010, the growth of the silicone market remained at a lower figure.