United Kingdom: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in the UK

After five years of growth, the UK activated natural mineral products market decreased by -0.2% to $X in 2021. The market value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the market value increased by 5.2% against the previous year. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Production of Activated Natural Mineral Products in the UK

In value terms, activated natural mineral products production rose to $X in 2021 estimated in export price. Over the period under review, production showed a deep slump. The growth pace was the most rapid in 2018 with an increase of 4.6%. Activated natural mineral products production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Activated Natural Mineral Products

Exports from the UK

In 2021, overseas shipments of activated natural mineral products increased by 172% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, showed a noticeable decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, activated natural mineral products exports reached $X in 2021. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 4.9% against the previous year. 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

France (X tons), Spain (X tons) and the Netherlands (X tons) were the main destinations of activated natural mineral products exports from the UK, with a combined 64% share of total exports.

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 +69.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for activated natural mineral products exported from the UK were France ($X), China ($X) and Spain ($X), together comprising 57% of total exports. These countries were followed by the Netherlands, Slovakia, Mexico, Belgium, Germany, the United States and Israel, which together accounted for a further 34%.

The Netherlands, with a CAGR of +69.1%, recorded the highest growth rate of the value of exports, among 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 activated natural mineral products export price amounted to $X per ton, shrinking by -61.8% against the previous year. In general, the export price recorded a deep setback. The growth pace was the most rapid in 2017 an increase of 19%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to the United States ($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 the Netherlands (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Activated Natural Mineral Products

Imports into the UK

In 2021, the amount of activated natural mineral products imported into the UK soared to X tons, increasing by 79% compared with the previous year's figure. Over the period under review, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, activated natural mineral products imports surged to $X in 2021. Overall, imports continue to indicate a pronounced increase. The pace of growth was the most pronounced in 2018 with an increase of 109%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Greece (X tons) constituted the largest activated natural mineral products supplier to the UK, with a 40% share of total imports. Moreover, activated natural mineral products imports from Greece exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Greece totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.1% per year) and Germany (-0.2% per year).

In value terms, the largest activated natural mineral products suppliers to the UK were Belgium ($X), France ($X) and Germany ($X), together comprising 54% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +35.2%, 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 activated natural mineral products import price stood at $X per ton in 2021, waning by -33.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 98% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 Belgium ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :