United Kingdom: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in the UK

The UK peroxides of sodium market fell remarkably to $X in 2021, which is down by -17.8% against the previous year. In general, consumption, however, continues to indicate a resilient increase. Peroxides of sodium consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Peroxides Of Sodium Production in the UK

In value terms, peroxides of sodium production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 33% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Peroxides Of Sodium Exports

Exports from the UK

In 2021, the amount of peroxides of sodium or potassium exported from the UK reduced to X tons, falling by -12.3% against 2020 figures. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2016 with an increase of 176% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, peroxides of sodium exports rose modestly to $X in 2021. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) was the main destination for peroxides of sodium exports from the UK, with a 35% share of total exports. Moreover, peroxides of sodium exports to South Africa exceeded the volume sent to the second major destination, the United States (X kg), twofold. Belgium (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa amounted to +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-32.5% per year) and Belgium (-12.2% per year).

In value terms, the United States ($X) remains the key foreign market for peroxides of sodium or potassium exports from the UK, comprising 48% of total exports. The second position in the ranking was taken by South Africa ($X), with a 13% share of total exports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+11.6% per year) and China (+18.6% per year).

Export Prices by Country

The average peroxides of sodium export price stood at $X per ton in 2021, with an increase of 17% against the previous year. In general, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 131%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 Nigeria (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.

Peroxides Of Sodium Imports

Imports into the UK

In 2021, after two years of growth, there was significant decline in supplies from abroad of peroxides of sodium or potassium, when their volume decreased by -22.5% to X tons. In general, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2016 when imports increased by 262%. Over the period under review, imports hit record highs at X tons in 2020, and then fell sharply in the following year.

In value terms, peroxides of sodium imports fell markedly to $X in 2021. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 113% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main peroxides of sodium supplier to the UK, with a 94% share of total imports. Moreover, peroxides of sodium imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+25.0% per year) and France (+43.9% per year).

In value terms, the United States ($X) constituted the largest supplier of peroxides of sodium or potassium to the UK, comprising 75% of total imports. The second position in the ranking was taken by France ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+19.8% per year) and the Netherlands (+10.8% per year).

Import Prices by Country

In 2021, the average peroxides of sodium import price amounted to $X per ton, waning by -26.4% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 156% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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