Europe: Alums Market 2024

Alums Market Size in Europe

The Europe alums market amounted to $X in 2022, growing by 13% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Alums Production in Europe

In value terms, alums production reached $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 40% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Alums Exports

Exports in Europe

Alums exports reduced to X tons in 2022, waning by -14.1% compared with 2021 figures. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 24%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, alums exports shrank remarkably to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.

Exports by Country

Germany (X tons) and the Czech Republic (X tons) represented roughly 66% of total exports in 2022. Spain (X tons) held a 17% share (based on physical terms) of total exports, which put it in second place, followed by France (5.3%). Italy (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +17.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, with a combined 69% share of total exports. Italy, Spain and the UK lagged somewhat behind, together accounting for a further 23%.

Spain, with a CAGR of +19.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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 Europe stood at $X per ton in 2022, reducing by -26.4% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+26.6%), while the other leaders experienced more modest paces of growth.

Alums Imports

Imports in Europe

In 2022, approx. X tons of alums were imported in Europe; increasing by 16% compared with the year before. Over the period under review, imports, however, saw a abrupt slump. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, alums imports soared to $X in 2022. In general, imports, however, recorded a abrupt decline. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons), the Czech Republic (X tons) and Belgium (X tons) was the main importer of alums in Europe, constituting 56% of total import. It was distantly followed by Germany (X tons), Denmark (X tons), France (X tons) and Portugal (X tons), together mixing up a 30% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Denmark (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alums importing markets in Europe were Italy ($X), the Czech Republic ($X) and Germany ($X), together accounting for 43% of total imports. Denmark, Belgium, France and Portugal lagged somewhat behind, together accounting for a further 30%.

Denmark, with a CAGR of +24.1%, recorded the highest rates of growth with regard to 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 Europe stood at $X per ton in 2022, growing by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 21%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 Denmark ($X per ton), while Belgium ($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 (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform