Europe: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Europe

In 2021, the Europe silicon dioxide market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Silicon Dioxide Production in Europe

In value terms, silicon dioxide production dropped to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Silicon Dioxide Exports

Exports in Europe

In 2021, overseas shipments of silicon dioxide increased by 46% to X tons, rising for the fourth consecutive year after three years of decline. The total export volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicon dioxide exports skyrocketed to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), France (X tons), Norway (X tons), Spain (X tons), Poland (X tons) and Belgium (X tons) represented the main exporters of silicon dioxide, together creating 86% of total exports. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +11.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest silicon dioxide supplier in Europe, comprising 37% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: France (0.0% per year) and the Netherlands (+8.6% per year).

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, declining by -4.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 8.9%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+13.5%), while the other leaders experienced more modest paces of growth.

Silicon Dioxide Imports

Imports in Europe

In 2021, purchases abroad of silicon dioxide was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 11%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, silicon dioxide imports soared to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of silicon dioxide imports in 2021 were Germany (X tons), the Netherlands (X tons), Poland (X tons), France (X tons), Italy (X tons), Belgium (X tons), Russia (X tons), the Czech Republic (X tons), Slovakia (X tons), Romania (X tons), the UK (X tons) and Spain (X tons), together accounting for 81% of total import.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +14.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silicon dioxide importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), with a combined 34% share of total imports. These countries were followed by Poland, Belgium, Italy, Russia, the UK, the Czech Republic, Spain, Romania and Slovakia, which together accounted for a further 47%.

In terms of the main importing countries, Slovakia, with a CAGR of +11.6%, 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, rising by 11% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform