Europe: Peroxosulphates Market 2024

Peroxosulphates Market Size in Europe

In 2021, the Europe peroxosulphates market increased by 5.3% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption saw a remarkable increase. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Peroxosulphates Production in Europe

In value terms, peroxosulphates production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 11%. As a result, production reached the peak level of $X, and then reduced in the following year.

Peroxosulphates Exports

Exports in Europe

In 2021, shipments abroad of peroxosulphates (persulphates) was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, faced a deep downturn. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, peroxosulphates exports skyrocketed to $X in 2021. In general, exports, however, showed a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium was the major exporting country with an export of about X tons, which finished at 40% of total exports. France (X tons) ranks second in terms of the total exports with a 19% share, followed by the Netherlands (15%) and Italy (14%). Spain (X tons) and Austria (X tons) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of peroxosulphates (persulphates). At the same time, France (+16.5%), Austria (+11.5%), Italy (+7.9%), the Netherlands (+4.1%) and Spain (+3.0%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in Europe, with a CAGR of +16.5% from 2012-2021. While the share of Belgium (+26 p.p.), France (+17 p.p.), Italy (+12 p.p.), the Netherlands (+11 p.p.), Spain (+2.5 p.p.) and Austria (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest peroxosulphates supplier in Europe, comprising 36% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports. It was followed by Italy, with a 14% share.

In Belgium, peroxosulphates exports expanded at an average annual rate of +3.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: France (+17.9% per year) and Italy (+6.6% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, growing by 20% against the previous year. Export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peroxosulphates export price increased by +70.2% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%), while the other leaders experienced more modest paces of growth.

Peroxosulphates Imports

Imports in Europe

In 2021, overseas purchases of peroxosulphates (persulphates) increased by 11% to X tons, rising for the fifth consecutive year after two years of decline. The total import volume increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, peroxosulphates imports skyrocketed to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value 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. Based on 2021 figures, imports increased by +82.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons), distantly followed by Belgium (X tons), France (X tons), Germany (X tons), Russia (X tons), the UK (X tons), Spain (X tons) and the Netherlands (X tons) were the key importers of peroxosulphates (persulphates), together committing 84% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Russia (with a CAGR of +10.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest peroxosulphates importing markets in Europe were Italy ($X), Belgium ($X) and France ($X), together accounting for 48% of total imports.

In terms of the main importing countries, Italy, with a CAGR of +8.5%, 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

The import price in Europe stood at $X per ton in 2021, surging by 8.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the UK ($X per ton) and Germany ($X per ton), while Italy ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform