EU: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in the EU

The EU barium or aluminium sulphates market contracted modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 when the market value increased by 7.3%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Sulphates Of Barium Or Aluminium in the EU

In value terms, barium or aluminium sulphates production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 7.8%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports in the EU

In 2022, shipments abroad of sulphates of barium or aluminium decreased by -0.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by 14%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports rose notably to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 30%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, Sweden (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Belgium (X tons), Germany (X tons), Slovenia (X tons), the Czech Republic (X tons) and Romania (X tons) were the main exporters of sulphates of barium or aluminium, together constituting 94% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Sweden (with a CAGR of +2.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates supplying countries in the European Union were Sweden ($X), Germany ($X) and Spain ($X), with a combined 53% share of total exports.

Sweden, with a CAGR of +2.7%, recorded the highest rates of growth with regard to the value of exports, among 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

The export price in the European Union stood at $X per ton in 2022, growing by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 when the export price increased by 13% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the other leaders experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports in the EU

In 2022, imports of sulphates of barium or aluminium in the European Union declined to X tons, shrinking by -11.7% compared with the previous year. Over the period under review, imports recorded a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports fell slightly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons), distantly followed by Austria (X tons), Germany (X tons), Sweden (X tons), the Netherlands (X tons) and Italy (X tons) represented the largest importers of sulphates of barium or aluminium, together constituting 80% of total imports. Belgium (X tons), Spain (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), together comprising 47% of total imports. Austria, Sweden, the Netherlands, Spain, Belgium and Portugal lagged somewhat behind, together accounting for a further 37%.

Spain, with a CAGR of +6.8%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in the European Union stood at $X per ton in 2022, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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