Eastern Europe: Chlorides Market 2024

Chlorides Market Size in Eastern Europe

The East European chlorides market totaled $X in 2021, increasing by 2.1% against the previous year. In general, consumption continues to indicate a mild slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Chlorides Production in Eastern Europe

In value terms, chlorides production reached $X in 2021 estimated in export price. Over the period under review, production showed a slight setback. The growth pace was the most rapid in 2017 when the production volume increased by 20% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Chlorides Exports

Exports in Eastern Europe

In 2021, shipments abroad of chlorides (excluding ammonium chloride) increased by 12% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, chlorides exports rose rapidly to $X in 2021. Total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +20.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 72% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Russia (X tons), Poland (X tons), the Czech Republic (X tons) and Hungary (X tons), together recording 94% of total export. Romania (X tons) and Lithuania (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest chlorides supplier in Eastern Europe, comprising 49% of total exports. The second position in the ranking was held by Russia ($X), with a 21% share of total exports. It was followed by Poland, with a 16% share.

In the Czech Republic, chlorides exports increased at an average annual rate of +5.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+0.3% per year) and Poland (+0.9% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, with an increase of 2.5% against the previous year. Over the period under review, the export price, however, showed a slight decline. The most prominent rate of growth was recorded in 2017 when the export price increased by 34%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.3%), while the other leaders experienced mixed trends in the export price figures.

Chlorides Imports

Imports in Eastern Europe

In 2021, the amount of chlorides (excluding ammonium chloride) imported in Eastern Europe soared to X tons, jumping by 16% compared with 2020. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.8% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 24%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, chlorides imports skyrocketed to $X in 2021. Total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), Russia (X tons), Bulgaria (X tons), the Czech Republic (X tons), Ukraine (X tons), Romania (X tons), Belarus (X tons), Latvia (X tons), Estonia (X tons), Lithuania (X tons), Hungary (X tons) and Slovakia (X tons) was the key importer of chlorides (excluding ammonium chloride) in Eastern Europe, creating 100% of total import.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +21.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported chlorides (excluding ammonium chloride) in Eastern Europe, comprising 45% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+7.9% per year) and the Czech Republic (-0.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, with an increase of 10% against the previous year. Overall, the import price, however, recorded a mild decrease. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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