Algeria: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Algeria

The Algerian market for caustic soda in aqueous solution (soda lye) shrank notably to $X in 2021, declining by -40.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed resilient growth. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Algeria

In 2021, shipments abroad of caustic soda in aqueous solution (soda lye) was finally on the rise to reach X kg for the first time since 2013, thus ending a seven-year declining trend. Over the period under review, exports, however, faced a sharp curtailment. The pace of growth was the most pronounced in 2013 with an increase of 38%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of caustic soda in aqueous solution (soda lye) stood at $X in 2021. Overall, exports, however, recorded a dramatic decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Tunisia (X kg) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Algeria, accounting for a 98% share of total exports. It was followed by Greece (X kg), with a 2.5% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Tunisia was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to Tunisia was relatively modest.

Export Prices by Country

In 2019, the average export price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, jumping by 18% against the previous year. Overall, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of 18%. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Tunisia amounted to $X per ton.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Algeria

Imports of caustic soda in aqueous solution (soda lye) into Algeria contracted rapidly to X tons in 2021, dropping by -42.9% against the year before. Over the period under review, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 608%. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of caustic soda in aqueous solution (soda lye) shrank sharply to $X in 2021. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 238%. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2021, Turkey (X tons) constituted the largest caustic soda in aqueous solution (soda lye) supplier to Algeria, with a 14% share of total imports. Moreover, imports of caustic soda in aqueous solution (soda lye) from Turkey exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +40.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+29.4% per year) and the United States (+61.3% per year).

In value terms, the largest caustic soda in aqueous solution (soda lye) suppliers to Algeria were Germany ($X), France ($X) and Turkey ($X), together accounting for 45% of total imports. These countries were followed by the United States, Spain, China, Italy, the United Arab Emirates and Egypt, which together accounted for a further 20%.

The United States, with a CAGR of +55.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, rising by 14% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 152%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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