Report Update: Nov 1, 2024

World - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends And Insights

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Caustic soda in the solid form market

Caustic soda in the solid form market: find the latest information enhanced by an Ai-driven BI platform. Datasets cover imports, market size, production, exports, trade, companies, consumption, and market prices. Here is a split by region, including the U.K., EU, Africa, Russia, the Middle East, Latin America, the U.S., and China. Market dynamics and outlook to 2030 are also provided in the dashboards.

Caustic Soda in The Solid Form - World's Largest Markets

Rating	Country
1	United States
2	China
3	Japan
4	Turkey
5	Bangladesh

In value terms, the largest caustic soda in the solid form markets worldwide were the United States, China and Japan, together comprising 30% of the global market. These countries were followed by Turkey, Bangladesh, India, Germany, the UK, Russia, Indonesia, Nigeria, Vietnam and Pakistan, which together accounted for a further 28%.

In terms of the main consuming countries, Pakistan recorded the highest rates of growth with regard to market size, over the period under review, while market of caustic soda in the solid form for the other global leaders experienced more modest paces of growth.

Caustic Soda in the Solid Form Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Iran	455	324	389	-7.5%
India	724	476	398	-25.9%
China	441	488	422	-2.2%
Egypt	600	581	517	-7.2%
Kuwait	527	533	530	0.3%
Poland	682	440	546	-10.5%
Thailand	597	506	557	-3.4%
France	723	n/a	571	-11.1%
Saudi Arabia	582	570	579	-0.3%
Taiwan (Chinese)	652	529	592	-4.7%
Russia	621	509	633	1.0%
Mexico	703	611	667	-2.6%
Belgium	647	614	707	4.5%
Average	567	514	519	-4.3%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($707 per ton), while Iran ($389 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
United States	902	803	829	-4.1%
Italy	759	552	642	-8.0%
Democratic Republic of the Congo	678	568	629	-3.7%
Tanzania	442	327	557	12.3%
Nigeria	535	528	531	-0.4%
Indonesia	572	418	483	-8.1%
Uzbekistan	606	462	457	-13.2%
Cote d'Ivoire	644	398	455	-15.9%
Cameroon	490	361	427	-6.6%
Vietnam	456	385	421	-3.9%
Ghana	495	383	419	-8.0%
Kazakhstan	490	344	415	-8.0%
South Africa	435	345	219	-29.0%
Average	577	472	519	-5.1%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($829 per ton), while South Africa ($219 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania, while the other global leaders experienced a decline in the import price figures.

Caustic Soda in The Solid Form - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
Nigeria	35	40	37	3.8%
Vietnam	38	32	35	-3.8%
Indonesia	28	28	28	-0.2%
United States	27	16	24	-6.0%
Tanzania	17	11	23	15.7%

In value terms, Nigeria ($37M), Vietnam ($35M) and Indonesia ($28M) constituted the countries with the highest levels of imports in 2021, together comprising 13% of global imports. These countries were followed by the United States, Tanzania, Cote d'Ivoire, Democratic Republic of the Congo, Italy, Ghana, Kazakhstan, Cameroon, Uzbekistan and South Africa, which together accounted for a further 22%.

Tanzania saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Caustic Soda in The Solid Form - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
China	259	187	215	-8.9%
India	41	54	69	29.7%
Russia	42	35	49	8.9%
Poland	29	34	48	28.0%
France	43	n/a	45	1.5%

In value terms, China ($215M) remains the largest caustic soda in the solid form supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by India ($69M), with a 9.3% share of global exports. It was followed by Russia, with a 6.7% share.

In China, exports of caustic soda in the solid form declined by an average annual rate of -8.9% over the period from 2019-2021. In the other countries, the average annual rates were as follows: India (+29.7% per year) and Russia (+8.9% per year).

Caustic Soda in The Solid Form - Market Forecast

Driven by rising demand for caustic soda in the solid form worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Caustic Soda in The Solid Form - Top Companies

WESFARMERS CHEMICALS, ENERGY & FERTILISERS LIMITED, Solvay SA, Hanwha Chemical Corporation, Hubei Biocause Pharmaceutical Co., Ltd., E A JUFFALI & BROTHERS CO.,LTD, Xinjiang Zhongtai Chemical Co., Ltd., Olin Corporation, Celanese Corporation, TOTAL PETROCHEMICALS FRANCE, North Huajin Chemicals Industries Group Co., Ltd., Rohm and Haas Company, VERSALIS SPA, Avantor, Inc., Icl-Ip America Inc., LANXESS Deutschland GmbH, Israni Colour Chemicals Llc, Beijing Sanju Environmental Protection & New Materials Co., Ltd., Axiall Corporation, ARKEMA FRANCE, Tangshan Sanyou Chemical Industries Co., Ltd.

Caustic Soda in The Solid Form - Product Coverage

HS 281511 - Sodium hydroxide (caustic soda); solid

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for caustic soda in the solid form. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132525 - Sodium hydroxide (caustic soda), solid

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023