United Kingdom: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in the UK

In 2021, after two years of decline, there was growth in the UK anti-freezing preparations market, when its value increased by 0.9% to $X. Over the period under review, consumption, however, showed a slight slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Anti-Freezing Preparations Production in the UK

In value terms, anti-freezing preparations production reduced slightly to $X in 2021 estimated in export price. Overall, production recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 72%. Anti-freezing preparations production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Anti-Freezing Preparations Exports

Exports from the UK

In 2021, shipments abroad of anti-freezing preparations and prepared de-icing fluids decreased by -28.4% to X tons, falling for the fifth consecutive year after two years of growth. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 24%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, anti-freezing preparations exports stood at $X in 2021. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 20% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons), France (X tons) and Russia (X tons) were the main destinations of anti-freezing preparations exports from the UK, together comprising 40% of total exports. These countries were followed by Germany, Finland, Turkey, Norway, the Netherlands, Switzerland, Singapore, the United States, Belgium and Italy, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +22.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), France ($X) and Russia ($X) were the largest markets for anti-freezing preparations exported from the UK worldwide, together accounting for 32% of total exports. The United States, Germany, Turkey, Finland, Norway, Italy, the Netherlands, Switzerland, Singapore and Belgium lagged somewhat behind, together accounting for a further 36%.

Singapore, with a CAGR of +18.3%, recorded the highest rates of growth with regard to 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 anti-freezing preparations export price amounted to $X per ton, growing by 47% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Ireland ($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 France (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into the UK

In 2021, overseas purchases of anti-freezing preparations and prepared de-icing fluids decreased by -26.7% to X tons, falling for the seventh consecutive year after three years of growth. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 75% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, anti-freezing preparations imports soared to $X in 2021. In general, imports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2014 when imports increased by 47%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X tons), Germany (X tons) and China (X tons) were the main suppliers of anti-freezing preparations imports to the UK, together accounting for 84% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +5.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and China ($X) were the largest anti-freezing preparations suppliers to the UK, together accounting for 84% of total imports.

China, with a CAGR of +21.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, picking up by 62% against the previous year. Overall, the import price enjoyed buoyant growth. As a result, import price attained 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 2021, the country with the highest price was France ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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