Europe: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Europe

The Europe barium or aluminium sulphates market shrank to $X in 2022, with a decrease of -7.8% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the market value increased by 8.3% against the previous year. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Sulphates Of Barium Or Aluminium in Europe

In value terms, barium or aluminium sulphates production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports in Europe

For the third year in a row, Europe recorded growth in overseas shipments of sulphates of barium or aluminium, which increased by 1% to X tons in 2022. In general, exports, however, showed a slight decline. The growth pace was the most rapid in 2021 with an increase of 14%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports expanded significantly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Sweden (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Belarus (X tons), Belgium (X tons), Germany (X tons), Slovenia (X tons) and the Czech Republic (X tons) represented the key exporters of sulphates of barium or aluminium, together mixing up 85% of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +5.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates supplying countries in Europe were Sweden ($X), Germany ($X) and Spain ($X), with a combined 47% share of total exports. The Netherlands, Slovenia, Belgium, Belarus, the Czech Republic and Russia lagged somewhat behind, together accounting for a further 38%.

Belarus, with a CAGR of +7.2%, recorded 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

In 2022, the export price in Europe amounted to $X per ton, growing by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the export price increased by 12%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 ($X per ton), while Belarus ($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 Europe

In 2022, approx. X tons of sulphates of barium or aluminium were imported in Europe; reducing by -12.6% on the previous year. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, barium or aluminium sulphates imports fell dramatically to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

In 2022, France (X tons), distantly followed by Austria (X tons), Germany (X tons), Ukraine (X tons), Sweden (X tons), the Netherlands (X tons), Italy (X tons) and Norway (X tons) were the largest importers of sulphates of barium or aluminium, together achieving 74% of total imports. Russia (X tons), Belgium (X tons), Switzerland (X tons), Spain (X tons) and the UK (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates importing markets in Europe were Germany ($X), France ($X) and the UK ($X), with a combined 34% share of total imports. Italy, Austria, Ukraine, Russia, Sweden, the Netherlands, Spain, Norway, Switzerland and Belgium lagged somewhat behind, together comprising a further 52%.

Ukraine, with a CAGR of +15.4%, saw the highest rates of growth with regard to the value of imports, among 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, falling by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 UK ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform