Overview of the Global Market for Inorganic Oxygen Compounds Of Non-Metals

Market Size for Inorganic Oxygen Compounds Of Non-Metals

In 2021, the global market for inorganic oxygen compounds of non-metals decreased by -7% to $X for the first time since 2016, thus ending a four-year rising trend. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +65.5% against 2016 indices. Global consumption peaked at $X in 2020, and then reduced in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals

In value terms, inorganic oxygen compounds of non-metals production dropped to $X in 2021 estimated in export price. In general, production, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. Over the period under review, global production hit record highs at $X in 2020, and then dropped in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports

In 2021, global inorganic oxygen compounds of non-metals exports soared to X tons, with an increase of 31% compared with 2020 figures. The total export volume increased at an average annual rate of +5.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +34.6% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), Germany (X tons) and China (X tons) represented roughly 45% of total exports in 2021. It was distantly followed by Belgium (X tons), Spain (X tons), Hungary (X tons) and Poland (X tons), together creating a 23% share of total exports. France (X tons), the Netherlands (X tons), Canada (X tons), Morocco (X tons), Malaysia (X tons) and Austria (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +76.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 32% of global exports.

Poland, with a CAGR of +84.2%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, with an increase of 3% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. The global export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+13.6%), while the other global leaders experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports

In 2021, approx. X tons of inorganic oxygen compounds of non-metals were imported worldwide; jumping by 32% on 2020. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, inorganic oxygen compounds of non-metals imports surged to $X in 2021. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the key importing country with an import of about X tons, which reached 28% of total imports. Germany (X tons) held the second position in the ranking, followed by Austria (X tons), the Netherlands (X tons), Malaysia (X tons) and the Czech Republic (X tons). All these countries together took near 34% share of total imports. The following importers - Poland (X tons), Russia (X tons), the UK (X tons), Belgium (X tons), India (X tons), China (X tons) and France (X tons) - together made up 18% of total imports.

Imports into the United States increased at an average annual rate of +4.3% from 2012 to 2021. At the same time, Poland (+33.1%), the Czech Republic (+27.0%), China (+23.8%), Russia (+15.4%), India (+15.3%), the UK (+10.6%), Germany (+10.0%), the Netherlands (+9.4%), France (+3.4%) and Austria (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +33.1% from 2012-2021. By contrast, Malaysia (-10.3%) and Belgium (-20.3%) illustrated a downward trend over the same period. While the share of the United States (+5.8 p.p.), Germany (+5.4 p.p.), the Czech Republic (+4.1 p.p.), Poland (+3.6 p.p.), the Netherlands (+2.8 p.p.), Russia (+2.1 p.p.), China (+1.8 p.p.) and India (+1.5 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Malaysia (-10.2 p.p.) and Belgium (-18.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported inorganic oxygen compounds of non-metals worldwide, comprising 22% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of global imports. It was followed by China, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +13.6%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+32.9% per year) and China (+22.1% per year).

Import Prices by Country

In 2021, the average import price for inorganic oxygen compounds of non-metals amounted to $X per ton, approximately mirroring the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, inorganic oxygen compounds of non-metals import price increased by +61.0% against 2014 indices. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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