Other carbonates market
Other carbonates market: read new info featured by an Ai-driven market intelligence platform. Datasets cover market prices, production, market size, consumption, exports, companies, imports, and trade. There is a breakdown by region, including Russia, the Middle East, Latin America, EU, China, the U.K., Africa, and the U.S. Market insights and forecast to 2030 are also provided in the snapshots.
Other Carbonates - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | Japan |
| 4 | Democratic Republic of the Congo |
| 5 | United States |
In value terms, China, India and Japan appeared to be the countries with the highest levels of market value in 2020, with a combined 29% share of the global market. Democratic Republic of the Congo, the United States, Nigeria, South Korea, Russia, Mexico, France and Turkey lagged somewhat behind, together accounting for a further 31%.
Nigeria recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while other carbonates market for the other global leaders experienced more modest paces of growth.
Other Carbonates Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Poland | 416 | 261 | 282 | -17.7% |
| Russia | 604 | 636 | 566 | -3.2% |
| China | 939 | 799 | 711 | -13.0% |
| South Korea | 968 | 970 | 929 | -2.0% |
| Germany | 943 | 1009 | 1019 | 4.0% |
| United States | 1123 | 1094 | 1277 | 6.6% |
| Chile | 13191 | 9976 | 6473 | -29.9% |
| Average | 1669 | 1376 | 1189 | -15.6% |
Prices varied noticeably by the country of origin; the country with the highest price was Chile ($6,473 per ton), while Poland ($282 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| South Korea | 3862 | 3633 | 4910 | 12.8% |
| Japan | 5757 | 5896 | 4764 | -9.0% |
| China | 10374 | 7013 | 3768 | -39.7% |
| Netherlands | 1569 | 1582 | 1973 | 12.1% |
| United Kingdom | 1398 | 1255 | 1399 | 0.0% |
| France | 1962 | 1406 | 1340 | -17.4% |
| United States | 2268 | 1461 | 1276 | -25.0% |
| Italy | 1018 | 964 | 988 | -1.5% |
| India | 1070 | 1009 | 915 | -7.5% |
| Poland | 871 | 891 | 865 | -0.3% |
| Spain | 983 | 854 | 805 | -9.5% |
| Thailand | 621 | 546 | 512 | -9.2% |
| Nigeria | 485 | 469 | 316 | -19.3% |
| Average | 1976 | 1760 | 1546 | -11.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($4,910 per ton), while Nigeria ($316 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.
Other Carbonates - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Korea | 0.5 | 0.5 | 0.4 | -14.8% |
| China | 0.4 | 0.3 | 0.3 | -12.1% |
| Japan | 0.4 | 0.4 | 0.2 | -19.1% |
| United States | 0.3 | 0.3 | 0.2 | -10.4% |
| Netherlands | 0.03 | 0.04 | 0.08 | 56.7% |
In value terms, the largest other carbonates importing markets worldwide were South Korea ($368M), China ($300M) and Japan ($244M), with a combined 40% share of global imports. The United States, the Netherlands, India, France, the UK, Spain, Italy, Poland, Thailand and Nigeria lagged somewhat behind, together accounting for a further 30%.
Nigeria (+104.0% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Other Carbonates - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Chile | 0.9 | 0.8 | 0.6 | -18.3% |
| China | 0.4 | 0.3 | 0.4 | 3.4% |
| Germany | 0.3 | 0.3 | 0.3 | -8.1% |
| South Korea | 0.1 | 0.1 | 0.1 | 11.3% |
| Poland | 0.1 | 0.1 | 0.09 | -20.7% |
In value terms, Chile ($633M), China ($439M) and Germany ($250M) constituted the countries with the highest levels of exports in 2020, with a combined 64% share of global exports. These countries were followed by South Korea, Poland, the United States and Russia, which together accounted for a further 16%.
Among the main exporting countries, South Korea recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Other Carbonates - Market Forecast
Driven by rising demand for other carbonates 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 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Other Carbonates - Top Companies
WESFARMERS CHEMICALS, ENERGY & FERTILISERS LIMITED, UCONE PTY LTD, PETROCHEM (BANGLADESH) LIMITED, Nutrien Ltd, Agrium Inc, Solvay SA, Yara International ASA, Koninklijke DSM N.V., Yunnan Yuntianhua Co.,Ltd., Hanwha Chemical Corporation, Hubei Biocause Pharmaceutical Co., Ltd., E A JUFFALI & BROTHERS CO.,LTD, Parkland Fuel Corporation, 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
Other Carbonates - Product Coverage
- HS 283640 - Carbonates; potassium carbonate
- HS 283660 - Carbonates; barium carbonate
- HS 283691 - Carbonates; lithium carbonate
- HS 283692 - Carbonates; strontium carbonate
- HS 283699 - Carbonates; n.e.s. in heading no. 2836 and other than lithium or strontium
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