Consumption – Consumption | ECSA Chemicals

Economic scenario - Consumption

Economic analysis for the market of chemicals and raw materials

Economic scenario - Consumption

Economic analysis for the market of chemicals and raw materials

APRIL 2021

Consumption

In 2020-Q4, the enforcement of strict containment measures of the second wave of the COVID- 19 pandemic triggered a sharp decline in private consumption in European countries (-3.01% in the Euro Area), reversing the positive trend of the third quarter of the year. The change in consumption behavior is fairly different in the United States, which experienced a modest increase in consumption of 0.58% in the last quarter of 2020.

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