EU: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in the EU

In 2021, the EU complex fluorine salts market increased by 0.6% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Complex Fluorine Salts Production in the EU

In value terms, complex fluorine salts production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 28%. Over the period under review, production attained the peak level at $X in 2020, and then dropped in the following year.

Complex Fluorine Salts Exports

Exports in the EU

Complex fluorine salts exports expanded remarkably to X tons in 2021, picking up by 12% on the previous year. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, complex fluorine salts exports surged to $X in 2021. In general, exports showed a relatively flat trend pattern. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X tons), Belgium (X tons), the Netherlands (X tons) and Germany (X tons) represented roughly 75% of total exports in 2021. It was distantly followed by Spain (X tons), constituting a 6.6% share of total exports. Romania (X tons) and Hungary (X tons) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +47.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest complex fluorine salts supplier in the European Union, comprising 47% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 13% share of total exports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Lithuania (-1.0% per year) and Belgium (+0.3% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, growing by 7.6% against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth was the most pronounced in 2014 an increase of 24%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a 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 Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+9.6%), while the other leaders experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports in the EU

In 2021, purchases abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 21% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat 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.

In value terms, complex fluorine salts imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of complex fluorine salts imports in 2021 were France (X tons), Germany (X tons), Italy (X tons), Spain (X tons) and the Netherlands (X tons), together recording 66% of total import. It was distantly followed by Romania (X tons), mixing up a 6.1% share of total imports. Poland (X tons), Sweden (X tons), Greece (X tons), Slovakia (X tons), Hungary (X tons), Slovenia (X tons) and Finland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +59.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 42% share of total imports. These countries were followed by Italy, Spain, Poland, Hungary, Romania, Sweden, Greece, Slovakia, Slovenia and Finland, which together accounted for a further 43%.

In terms of the main importing countries, Hungary, with a CAGR of +35.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, growing by 3.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 when the import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+29.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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