Eastern Europe: Market for Inorganic Oxygen Compounds Of Non-Metals 2025

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Eastern Europe

After two years of growth, the East European market for inorganic oxygen compounds of non-metals decreased by -5.8% to $X in 2021. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.2% against 2015 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in Eastern Europe

In value terms, inorganic oxygen compounds of non-metals production dropped to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +60.5% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 58% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports in Eastern Europe

In 2021, exports of inorganic oxygen compounds of non-metals in Eastern Europe surged to X tons, increasing by 86% compared with the year before. In general, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals exports soared to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 84%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Hungary (X tons) and Poland (X tons) represented roughly 76% of total exports in 2021. The Czech Republic (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Russia (11%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +76.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest inorganic oxygen compounds of non-metals supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and the Czech Republic ($X), with a combined 94% share of total exports.

Poland, with a CAGR of +84.2%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, dropping by -1.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 when the export price increased by 41%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($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 (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports in Eastern Europe

In 2021, supplies from abroad of inorganic oxygen compounds of non-metals increased by 72% to X tons, rising for the fourth consecutive year after two years of decline. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 80%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, inorganic oxygen compounds of non-metals imports soared to $X in 2021. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of inorganic oxygen compounds of non-metals imports in 2021 were the Czech Republic (X tons), Poland (X tons) and Russia (X tons), together accounting for 85% of total import. It was distantly followed by Hungary (X tons), comprising a 10% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +33.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported inorganic oxygen compounds of non-metals in Eastern Europe, comprising 58% of total imports. The second position in the ranking was taken by Russia ($X), with a 15% share of total imports. It was followed by the Czech Republic, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value in Poland amounted to +39.4%. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+6.8% per year) and the Czech Republic (+9.2% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, picking up by 25% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Poland ($X per ton), while the Czech Republic ($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 (+5.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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