Europe: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Europe

The Europe hydrogen peroxide market amounted to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Europe

In value terms, hydrogen peroxide production surged to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +14.6% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 37%. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in years to come.

Hydrogen Peroxide Exports

Exports in Europe

Hydrogen peroxide exports rose significantly to X tons in 2022, increasing by 12% on the year before. 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 +99.1% against 2012 indices. The pace of growth was the most pronounced in 2017 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, hydrogen peroxide exports surged to $X in 2022. Over the period under review, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) were the largest exporters of hydrogen peroxide in 2022, resulting at near 24% and 22% of total exports, respectively. Sweden (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Germany (10%), Finland (8.8%), Austria (8%) and France (6.9%).

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +13.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 53% share of total exports. Sweden, France, Austria and Finland lagged somewhat behind, together comprising a further 33%.

Sweden, with a CAGR of +14.5%, 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, picking up by 18% against the previous year. In general, the export price continues to indicate 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 Europe

In 2022, the amount of hydrogen peroxide imported in Europe expanded sharply to X tons, with an increase of 7.9% on 2021 figures. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2018 when imports increased by 9.7%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, hydrogen peroxide imports soared to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +83.6% against 2016 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), Russia (X tons), France (X tons) and Austria (X tons) represented the major importers of hydrogen peroxide, together making up 59% of total imports. Belgium (X tons), Portugal (X tons), Sweden (X tons), Poland (X tons), the UK (X tons), Finland (X tons) and the Czech Republic (X tons) took a little share of total imports.

Imports into Germany increased at an average annual rate of +3.2% from 2012 to 2022. At the same time, Poland (+10.2%), Russia (+6.5%), the Netherlands (+5.8%), Belgium (+4.9%), 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 Europe, 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%), the UK (-1.9%) and Sweden (-5.6%) illustrated a downward trend over the same period. Russia (+2.4 p.p.) and the Netherlands (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Finland, the UK and Sweden saw its share reduced by -1.6%, -1.8% and -4.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydrogen peroxide importing markets in Europe were Germany ($X), Italy ($X) and France ($X), with a combined 38% share of total imports. Russia, the Netherlands, Austria, Belgium, Portugal, the UK, the Czech Republic, Poland, Sweden and Finland lagged somewhat behind, together comprising a further 41%.

Poland, with a CAGR of +15.6%, saw 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 Europe stood at $X per ton in 2022, picking up by 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. 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 the Czech Republic ($X per ton), while Finland ($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