Germany: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Germany

The German sodium carbonate market skyrocketed to $X in 2022, with an increase of 60% against the previous year. In general, consumption, however, continues to indicate a mild reduction. Sodium carbonate consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Sodium Carbonate Production in Germany

In value terms, sodium carbonate production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of 3.2%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Sodium Carbonate Exports

Exports from Germany

Sodium carbonate exports from Germany declined rapidly to X tons in 2022, waning by -66.5% on the year before. In general, exports continue to indicate a mild decline. The growth pace was the most rapid in 2017 when exports increased by 141%. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped notably in the following year.

In value terms, sodium carbonate exports plummeted to $X in 2022. Overall, exports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of 127% against the previous year. The exports peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for sodium carbonate exports from Germany, with a 37% share of total exports. Moreover, sodium carbonate exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+7.1% per year) and Poland (+11.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for sodium carbonate exports from Germany, comprising 37% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports. It was followed by Poland, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.5% per year) and Poland (+14.2% per year).

Export Prices by Country

In 2022, the average sodium carbonate export price amounted to $X per ton, rising by 43% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to the UK ($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 Netherlands (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Carbonate Imports

Imports into Germany

After two years of growth, overseas purchases of sodium carbonate decreased by -10% to X tons in 2022. The total import volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 33%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, sodium carbonate imports surged to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +105.1% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest sodium carbonate supplier to Germany, with a 40% share of total imports. Moreover, sodium carbonate imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.4% per year) and Poland (+4.6% per year).

In value terms, Belgium ($X), Poland ($X) and France ($X) appeared to be the largest sodium carbonate suppliers to Germany, with a combined 73% share of total imports. Bosnia and Herzegovina and Turkey lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, Turkey, with a CAGR of +63.6%, recorded the highest rates of growth with regard to 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 average sodium carbonate import price stood at $X per ton in 2022, increasing by 39% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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