EU: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in the EU

The EU market for caustic soda in the solid form fell to $X in 2021, declining by -9% against the previous year. In general, consumption showed a mild decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Caustic Soda in the Solid Form in the EU

In value terms, production of caustic soda in the solid form fell sharply to $X in 2021 estimated in export price. Overall, production, however, showed a dramatic setback. Over the period under review, production of caustic soda in solid form attained the peak level at $X in 2020, and then dropped dramatically in the following year.

Exports of Caustic Soda in the Solid Form

Exports in the EU

In 2021, overseas shipments of caustic soda in the solid form increased by 62% to X tons for the first time since 2016, thus ending a four-year declining trend. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of caustic soda in the solid form surged to $X in 2021. Total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) and France (X tons) represented roughly 57% of total exports in 2021. Belgium (X tons) held the next position in the ranking, followed by Romania (X tons), Spain (X tons) and Germany (X tons). All these countries together took approx. 34% share of total exports. The following exporters - Sweden (X tons) and the Netherlands (X tons) - together made up 4.6% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +15.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest caustic soda in the solid form supplying countries in the European Union were Poland ($X), France ($X) and Belgium ($X), together accounting for 61% of total exports. These countries were followed by Germany, Spain, Romania, Sweden and the Netherlands, which together accounted for a further 32%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +16.0%, recorded the highest growth rate of 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, picking up by 6.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 30% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the other leaders experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports in the EU

Imports of caustic soda in the solid form dropped to X tons in 2021, which is down by -15% on the year before. Overall, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of caustic soda in the solid form declined to $X in 2021. In general, imports recorded a mild curtailment. The growth pace was the most rapid in 2017 when imports increased by 21% against the previous year. Over the period under review, imports of caustic soda in solid form hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the seven major importers of caustic soda in the solid form, namely Italy, Spain, Poland, Germany, France, Belgium and the Netherlands, represented more than two-thirds of total import. Slovakia (X tons), the Czech Republic (X tons), Hungary (X tons), Bulgaria (X tons), Denmark (X tons) and Greece (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 40% of total imports.

In terms of the main importing countries, Poland, with a CAGR of +11.9%, 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, picking up by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the import price increased by 22%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Spain ($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 (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :