Report Update Nov 1, 2024

Belgium - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian potassium hydroxide market, when its value decreased by -8.1% to $X. Overall, consumption, however, enjoyed a strong increase. Potassium hydroxide consumption peaked at $X in 2021, and then fell in the following year.

Potassium Hydroxide Production in Belgium

In value terms, potassium hydroxide production rose modestly to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 884%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Potassium Hydroxide Exports

Exports from Belgium

In 2022, the amount of potassium hydroxide (caustic potash) exported from Belgium soared to X tons, with an increase of 85% compared with 2021 figures. Overall, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide exports surged to $X in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of potassium hydroxide exports from Belgium, with a combined 69% share of total exports. Spain, Sweden, France, the UK, Norway, the United States and Italy lagged somewhat behind, together comprising a further 27%.

From 2018 to 2022, the biggest increases were recorded for Spain (with a CAGR of +77.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for potassium hydroxide exported from Belgium worldwide, together comprising 58% of total exports.

Denmark, with a CAGR of +73.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2022, falling by -8.4% against the previous year. Over the last four years, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 an increase of 10% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Hydroxide Imports

Imports into Belgium

After three years of decline, overseas purchases of potassium hydroxide (caustic potash) increased by 103% to X tons in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2018 when imports increased by 155%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, potassium hydroxide imports skyrocketed to $X in 2022. In general, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of potassium hydroxide imports to Belgium, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +21.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of potassium hydroxide (caustic potash) to Belgium, comprising 77% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by France, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.4% per year) and France (-8.7% per year).

Import Prices by Country

In 2022, the average potassium hydroxide import price amounted to $X per ton, rising by 39% against the previous year. Overall, the import price, however, showed a abrupt setback. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium hydroxide (caustic potash) in the world?

China constituted the country with the largest volume of potassium hydroxide consumption, accounting for 20% of total volume. Moreover, potassium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Germany, with a 6.3% share.

What are the largest producers of potassium hydroxide (caustic potash) in the world?

China remains the largest potassium hydroxide producing country worldwide, comprising approx. 21% of total volume. Moreover, potassium hydroxide production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. India ranked third in terms of total production with an 8% share.

What are the leading suppliers of potassium hydroxide (caustic potash) to Belgium?

In value terms, the largest potassium hydroxide suppliers to Belgium were the United States, Germany and France, together accounting for 88% of total imports.

What are the leading importers of potassium hydroxide (caustic potash) from Belgium?

In value terms, the largest markets for potassium hydroxide exported from Belgium were Germany, the Netherlands and France, with a combined 50% share of total exports. Denmark, Sweden, Spain, the United States, the UK and Israel lagged somewhat behind, together comprising a further 42%.

What is the average export price for potassium hydroxide (caustic potash) in Belgium?

In 2021, the average potassium hydroxide export price amounted to $445 per ton, with an increase of 13% against the previous year.

What is the average import price for potassium hydroxide (caustic potash) in Belgium?

The average potassium hydroxide import price stood at $316 per ton in 2021, shrinking by -6.1% against the previous year.

This report provides an in-depth analysis of the potassium hydroxide market in Belgium. 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 20132530 - Potassium hydroxide (caustic potash)

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023