EU: Chlorides Market 2024

Chlorides Market Size in the EU

In 2021, the EU chlorides market decreased by -3.2% to $X for the first time since 2015, thus ending a five-year rising trend. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then contracted modestly in the following year.

Chlorides Production in the EU

In value terms, chlorides production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Chlorides Exports

Exports in the EU

Chlorides exports rose rapidly to X tons in 2021, increasing by 8% compared with the previous year. The total export volume increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 16%. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, chlorides exports skyrocketed to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +32.4% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), Finland (X tons), France (X tons), Sweden (X tons), Austria (X tons) and Spain (X tons) represented the largest exporters of chlorides (excluding ammonium chloride), together constituting 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +11.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest chlorides supplying countries in the European Union were Germany ($X), France ($X) and Belgium ($X), with a combined 57% share of total exports.

In terms of the main exporting countries, France, with a CAGR of +13.7%, saw the highest rates of growth with regard to the value of exports, 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 the European Union amounted to $X per ton, increasing by 27% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.0%), while the other leaders experienced mixed trends in the export price figures.

Chlorides Imports

Imports in the EU

In 2021, the amount of chlorides (excluding ammonium chloride) imported in the European Union totaled X tons, with an increase of 4.9% compared with 2020. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 22%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, chlorides imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 28%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons), Belgium (X tons), Sweden (X tons), the Netherlands (X tons), Italy (X tons) and Spain (X tons) represented roughly 78% of total imports in 2021. Austria (X tons), Denmark (X tons), Poland (X tons), Portugal (X tons) and Bulgaria (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chlorides importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 49% share of total imports. These countries were followed by Italy, Spain, Belgium, Sweden, Poland, Austria, Denmark, Portugal and Bulgaria, which together accounted for a further 40%.

Spain, with a CAGR of +11.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, rising by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 Italy ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :