The European chemical industry is facing a difficult start to 2025, with competitiveness hampered by high energy costs, weak demand, and declining business confidence. Capacity utilisation in the EU27 remains low at 74%, lagging behind both historical EU averages and U.S. levels. Although a trade surplus rose in 2024 due to reduced imports, early 2025 data shows a 25% drop, indicating a reversal. Persistent economic weakness in Germany and the U.S., along with global trade disruptions—particularly U.S. tariffs—further hinder growth. Output, which rose 2.5% in 2024, is now expected to slow to below 0.5% in 2025. Immediate action is needed to revitalize the sector and ensure long-term resilience.

News Region:
European Union
News Market:
EU-27
News Tags:
European Chemical Industry Council
Chemical trends
Trade