France: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in France

After two years of growth, the French market for caustic soda in aqueous solution (soda lye) decreased by -49.3% to $X in 2021. Overall, consumption, however, saw a measured increase. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Production of Caustic Soda in Aqueous Solution (Soda Lye) in France

In value terms, production of caustic soda in aqueous solution (soda lye) contracted sharply to $X in 2021 estimated in export price. Over the period under review, production recorded a sharp downturn. Production of peaked at $X in 2020, and then dropped significantly in the following year.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from France

In 2021, overseas shipments of caustic soda in aqueous solution (soda lye) were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 16% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, exports of caustic soda in aqueous solution (soda lye) soared to $X in 2021. Overall, exports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Spain (X tons), Italy (X tons) and Turkey (X tons) were the main destinations of exports of caustic soda in aqueous solution (soda lye) from France, with a combined 53% share of total exports. These countries were followed by Switzerland, Germany, the Netherlands, Greece, Belgium, Tunisia, the UK, Finland, Ukraine and Cameroon, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +88.5%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Italy ($X) and Spain ($X) constituted the largest markets for caustic soda in aqueous solution (soda lye) exported from France worldwide, together comprising 48% of total exports. These countries were followed by Turkey, Germany, the Netherlands, Greece, Tunisia, Belgium, Finland, the UK, Ukraine and Cameroon, which together accounted for a further 42%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +66.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2021, with an increase of 13% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 19% against the previous year. The export price peaked 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 for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into France

In 2021, the amount of caustic soda in aqueous solution (soda lye) imported into France contracted to X tons, waning by -5.3% against 2020 figures. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 18% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of caustic soda in aqueous solution (soda lye) dropped to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to France, with a combined 73% share of total imports. These countries were followed by Spain, the UK, Ukraine and Switzerland, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +23.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest caustic soda in aqueous solution (soda lye) suppliers to France were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising 73% of total imports. These countries were followed by Spain, the UK, Ukraine and Switzerland, which together accounted for a further 23%.

Switzerland, with a CAGR of +19.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2021, dropping by -2.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average 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 Spain ($X per ton), while the price for Switzerland ($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 UK (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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