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

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

After two years of growth, the German market for caustic soda in aqueous solution (soda lye) decreased by -36.7% to $X in 2021. In general, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

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

In value terms, production of caustic soda in aqueous solution (soda lye) reduced sharply to $X in 2021 estimated in export price. In general, production recorded a dramatic curtailment. Production of peaked at $X in 2020, and then contracted significantly in the following year.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Germany

In 2021, shipments abroad of caustic soda in aqueous solution (soda lye) decreased by -3.6% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 28% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of caustic soda in aqueous solution (soda lye) contracted to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 46% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Finland (X tons) and Austria (X tons) were the main destinations of exports of caustic soda in aqueous solution (soda lye) from Germany, with a combined 60% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +4.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Finland ($X) and Austria ($X) constituted the largest markets for caustic soda in aqueous solution (soda lye) exported from Germany worldwide, with a combined 60% share of total exports. These countries were followed by Sweden, Belgium, France and the UK, which together accounted for a further 25%.

Sweden, with a CAGR of +3.4%, recorded the highest growth rate of 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

In 2021, the average export price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, reducing by -3.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Austria ($X per ton) and Sweden ($X per ton), while the average price for exports to Belgium ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Germany

In 2021, imports of caustic soda in aqueous solution (soda lye) into Germany fell to X tons, declining by -4.4% against 2020 figures. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.4% against 2012 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 23% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, imports of caustic soda in aqueous solution (soda lye) fell dramatically to $X in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -34.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 55%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and France (X tons) were the main suppliers of imports of caustic soda in aqueous solution (soda lye) to Germany, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Poland ($X) constituted the largest caustic soda in aqueous solution (soda lye) suppliers to Germany, together accounting for 84% of total imports.

Poland, with a CAGR of +10.6%, saw the highest growth rate of 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

In 2021, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, reducing by -22.5% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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