EU: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in the EU

The EU hydrogen peroxide market contracted modestly to $X in 2022, declining by -3.3% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.1% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Hydrogen Peroxide Production in the EU

In value terms, hydrogen peroxide production surged to $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +9.2% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in years to come.

Hydrogen Peroxide Exports

Exports in the EU

For the third year in a row, the European Union recorded growth in shipments abroad of hydrogen peroxide, which increased by 12% to X tons in 2022. Total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.4% against 2012 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 28%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen peroxide exports surged to $X in 2022. In general, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) represented the largest exporters of hydrogen peroxide in the European Union, together reaching near 48% of total exports. Sweden (X tons) ranks next in terms of the total exports with a 12% share, followed by Germany (11%), Finland (9%), Austria (8.3%) and France (7%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Sweden (with a CAGR of +13.0%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, with a combined 55% share of total exports. Sweden, France, Austria and Finland lagged somewhat behind, together comprising a further 35%.

In terms of the main exporting countries, Sweden, with a CAGR of +14.5%, 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 2022, the export price in the European Union amounted to $X per ton, picking up by 19% against the previous year. In general, 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.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by France (+27.2%), while the other leaders experienced more modest paces of growth.

Hydrogen Peroxide Imports

Imports in the EU

In 2022, approx. X tons of hydrogen peroxide were imported in the European Union; with an increase of 8.9% against 2021 figures. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 12%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen peroxide imports skyrocketed to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +112.2% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), France (X tons), Austria (X tons), Belgium (X tons) and Portugal (X tons) were the largest importers of hydrogen peroxide, together generating 72% of total imports. Sweden (X tons), Poland (X tons), Finland (X tons), the Czech Republic (X tons), Spain (X tons) and Slovakia (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydrogen peroxide imports into Germany stood at +3.2%. At the same time, Poland (+10.2%), Spain (+6.7%), the Netherlands (+5.8%), Belgium (+4.9%), Slovakia (+4.8%), France (+3.6%), Portugal (+3.0%) and Italy (+2.3%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +10.2% from 2012-2022. Austria and the Czech Republic experienced a relatively flat trend pattern. By contrast, Finland (-1.8%) and Sweden (-5.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain, the Netherlands and Poland increased by +3, +2.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and France ($X) were the countries with the highest levels of imports in 2022, together comprising 46% of total imports. The Netherlands, Austria, Belgium, Portugal, the Czech Republic, Spain, Poland, Sweden, Slovakia and Finland lagged somewhat behind, together comprising a further 43%.

In terms of the main importing countries, Poland, with a CAGR of +15.6%, saw the highest growth rate of 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

In 2022, the import price in the European Union amounted to $X per ton, jumping by 29% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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