Salts of oxometallic and peroxometallic acids market
Salts of oxometallic and peroxometallic acids market: download new facts and figures powered by an Ai-driven market research tool. Data provide companies, production, consumption, market size, market prices, trade, exports, and imports. Here is a breakdown by region, including Russia, China, the U.K., the Middle East, EU, the U.S., Latin America, and Africa. Market dynamics and forecast to 2030 are also provided in the dashboards.
Salts of Oxometallic and Peroxometallic Acids - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Russia |
| 4 | Japan |
| 5 | India |
In value terms, the largest salts of oxometallic and peroxometallic acids markets worldwide were China, the United States and Russia, together comprising 48% of the global market.
The United States saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while market of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) for the other global leaders experienced more modest paces of growth.
Salts Of Oxometallic And Peroxometallic Acids Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 909 | 954 | 840 | -3.9% |
| Germany | 2602 | 2340 | 1869 | -15.2% |
| Belgium | 2385 | 2775 | 2698 | 6.4% |
| China | 13276 | 10941 | 9236 | -16.6% |
| South Korea | 26606 | 27860 | 22532 | -8.0% |
| Japan | 15769 | 19159 | 25186 | 26.4% |
| Average | 8966 | 12635 | 15072 | 29.7% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($25,186 per ton), while the United States ($840 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, 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 | ||||
| Hungary | 15269 | 23096 | 22404 | 21.1% |
| China | 34630 | 32094 | 21880 | -20.5% |
| South Korea | 29199 | 23434 | 18308 | -20.8% |
| Malaysia | 25423 | 25439 | 16970 | -18.3% |
| Taiwan (Chinese) | 13332 | 13780 | 15327 | 7.2% |
| United States | 12224 | 12542 | 11508 | -3.0% |
| Japan | 9547 | 13205 | 9504 | -0.2% |
| Italy | 9402 | 6523 | 5755 | -21.8% |
| Belgium | 6009 | 5732 | 5138 | -7.5% |
| Germany | 6378 | 4818 | 3219 | -29.0% |
| Average | 21609 | 13488 | 13971 | -19.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hungary ($22,404 per ton), while Germany ($3,219 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the other global leaders experienced mixed trends in the import price figures.
Salts of Oxometallic and Peroxometallic Acids - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Korea | 1 | 0.9 | 0.6 | -18.1% |
| China | 1 | 0.6 | 0.3 | -41.7% |
| Japan | 0.1 | 0.5 | 0.3 | 43.9% |
| Malaysia | 0.1 | 0.09 | 0.2 | 31.0% |
| Hungary | 0.000151125 | 0.008603619 | 0.1 | 2985.2% |
In value terms, South Korea ($646M), China ($339M) and Japan ($309M) appeared to be the countries with the highest levels of imports in 2020, with a combined 66% share of global imports. Malaysia, Hungary, the United States, Taiwan (Chinese), Italy, Germany and Belgium lagged somewhat behind, together accounting for a further 27%.
Among the main importing countries, Hungary (+2,985.2% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Salts of Oxometallic and Peroxometallic Acids - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Korea | 0.9 | 2 | 2.4 | 63.3% |
| Japan | 0.3 | 0.5 | 1.8 | 160.4% |
| China | 0.8 | 0.4 | 0.3 | -41.6% |
| United States | 0.07 | 0.05 | 0.04 | -18.1% |
| Germany | 0.05 | 0.05 | 0.04 | -18.5% |
In value terms, South Korea ($2.4B), Japan ($1.8B) and China ($285M) appeared to be the countries with the highest levels of exports in 2020, together comprising 96% of global exports.
Japan (+160.4% per year) saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Salts of Oxometallic and Peroxometallic Acids - Market Forecast
Driven by increasing demand for salts of oxometallic and peroxometallic acids worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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.
Salts of Oxometallic and Peroxometallic Acids - Product Coverage
- HS 284190 - Salts of oxometallic or peroxometallic acids; n.e.s. in heading no. 2841
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