Germany: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in Germany

The German peroxides of sodium market dropped significantly to $X in 2021, which is down by -18.6% against the previous year. Over the period under review, consumption faced a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Peroxides Of Sodium Production in Germany

In value terms, peroxides of sodium production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 7.2% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Peroxides Of Sodium Exports

Exports from Germany

In 2021, approx. X tons of peroxides of sodium or potassium were exported from Germany; with an increase of 15% against the previous year. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 170% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, peroxides of sodium exports skyrocketed to $X in 2021. In general, exports, however, recorded a mild decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons), Peru (X tons) and the Netherlands (X tons) were the main destinations of peroxides of sodium exports from Germany, with a combined 54% share of total exports. Liechtenstein, Japan, Bolivia, India, Chile, Turkey, Mexico, the United States, Belgium and Malaysia lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +91.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peroxides of sodium exported from Germany were South Africa ($X), Liechtenstein ($X) and Peru ($X), with a combined 44% share of total exports. Japan, Mexico, Turkey, Bolivia, Chile, Belgium, India, the Netherlands, Malaysia and the United States lagged somewhat behind, together accounting for a further 44%.

Mexico, with a CAGR of +79.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average peroxides of sodium export price stood at $X per ton in 2021, picking up by 59% against the previous year. In general, the export price, however, continues to indicate a deep slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Mexico ($X per ton), while the average price for exports to the Netherlands ($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 Liechtenstein (+69.8%), while the prices for the other major destinations experienced a decline.

Peroxides Of Sodium Imports

Imports into Germany

In 2021, the amount of peroxides of sodium or potassium imported into Germany soared to X tons, growing by 16% against the year before. In general, imports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2014 with an increase of 120%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, peroxides of sodium imports expanded sharply to $X in 2021. Over the period under review, imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 92%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of peroxides of sodium to Germany, with a 70% share of total imports. Moreover, peroxides of sodium imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+60.0% per year) and the Netherlands (-11.1% per year).

In value terms, China ($X) constituted the largest supplier of peroxides of sodium or potassium to Germany, comprising 67% of total imports. The second position in the ranking was taken by France ($X), with a 27% share of total imports. It was followed by Belgium, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+50.9% per year) and Belgium (+6.2% per year).

Import Prices by Country

In 2021, the average peroxides of sodium import price amounted to $X per ton, which is down by -7.1% against the previous year. Over the last nine years, it increased at an average annual rate of +5.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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