France: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in France

The French potassium hydroxide market skyrocketed to $X in 2022, increasing by 65% against the previous year. Overall, consumption showed a buoyant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Potassium Hydroxide Production in France

In value terms, potassium hydroxide production reduced to $X in 2022 estimated in export price. Overall, production showed a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of 20% against the previous year. Potassium hydroxide production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Potassium Hydroxide Exports

Exports from France

In 2022, overseas shipments of potassium hydroxide (caustic potash) increased by 94% to X tons, rising for the second consecutive year after four years of decline. Overall, exports continue to indicate mild growth. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, potassium hydroxide exports surged to $X in 2022. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +121.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for potassium hydroxide exports from France, accounting for a 63% share of total exports. Moreover, potassium hydroxide exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), sixfold. The third position in this ranking was taken by Ireland (X tons), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+8.9% per year) and Ireland (+36.7% per year).

In value terms, Germany ($X) remains the key foreign market for potassium hydroxide (caustic potash) exports from France, comprising 49% of total exports. The second position in the ranking was held by Switzerland ($X), with an 8.3% share of total exports. It was followed by the UK, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+8.6% per year) and the UK (-1.7% per year).

Export Prices by Country

In 2022, the average potassium hydroxide export price amounted to $X per ton, falling by -3.5% against the previous year. In general, the export price, however, saw a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 20%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Hydroxide Imports

Imports into France

For the third consecutive year, France recorded growth in purchases abroad of potassium hydroxide (caustic potash), which increased by 109% to X tons in 2022. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports soared to $X in 2022. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest potassium hydroxide supplier to France, with a 73% share of total imports. Moreover, potassium hydroxide imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.3% per year) and Germany (+32.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of potassium hydroxide (caustic potash) to France, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+34.7% per year) and Italy (+7.7% per year).

Import Prices by Country

In 2022, the average potassium hydroxide import price amounted to $X per ton, with an increase of 2.5% against the previous year. In general, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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