Global Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size

The global peroxides of sodium market reached $X in 2021, approximately equating the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the global market remained at a lower figure.

Peroxides Of Sodium Production

In value terms, peroxides of sodium production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 3.2%. As a result, production attained the peak level of $X. From 2015 to 2021, global production growth remained at a somewhat lower figure.

Peroxides Of Sodium Exports

Exports

Global peroxides of sodium exports dropped to X tons in 2021, reducing by -7.4% on 2020. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 94% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the global exports remained at a lower figure.

In value terms, peroxides of sodium exports skyrocketed to $X in 2021. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 43% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the United States (X tons) was the major exporter of peroxides of sodium or potassium, mixing up 34% of total exports. Zambia (X tons) took the second position in the ranking, followed by South Africa (X tons), Taiwan (Chinese) (X tons), Singapore (X tons) and Indonesia (X tons). All these countries together took near 34% share of total exports. The following exporters - Turkey (X tons), China (X tons), Saudi Arabia (X tons), India (X tons), Tunisia (X tons), Russia (X tons) and Israel (X tons) - together made up 20% of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of peroxides of sodium or potassium. At the same time, India (+35.9%), Saudi Arabia (+33.7%), Taiwan (Chinese) (+22.7%), Tunisia (+18.7%), Zambia (+17.0%), Turkey (+14.1%), Russia (+7.2%) and China (+4.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +35.9% from 2012-2021. Indonesia and Singapore experienced a relatively flat trend pattern. By contrast, South Africa (-1.1%) and Israel (-20.9%) illustrated a downward trend over the same period. While the share of the United States (+11 p.p.), Zambia (+7.9 p.p.), Taiwan (Chinese) (+6.4 p.p.), Turkey (+3 p.p.), India (+2.6 p.p.), Saudi Arabia (+2.6 p.p.), South Africa (+2.4 p.p.), Tunisia (+2.2 p.p.), China (+1.8 p.p.), Singapore (+1.7 p.p.), Russia (+1.6 p.p.) and Indonesia (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Israel (-9.8 p.p.) displayed negative dynamics.

In value terms, the largest peroxides of sodium supplying countries worldwide were China ($X), Russia ($X) and the United States ($X), together comprising 47% of global exports. These countries were followed by Turkey, Singapore, Zambia, Tunisia, South Africa, Indonesia, Taiwan (Chinese), Saudi Arabia, India and Israel, which together accounted for a further 22%.

In terms of the main exporting countries, India, with a CAGR of +35.9%, recorded the highest growth rate of the value of exports, 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 peroxides of sodium export price amounted to $X per ton, growing by 29% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.2%), while the other global leaders experienced more modest paces of growth.

Peroxides Of Sodium Imports

Imports

In 2021, supplies from abroad of peroxides of sodium or potassium was finally on the rise to reach X tons after three years of decline. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by 65% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of global imports remained at a lower figure.

In value terms, peroxides of sodium imports surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt slump. Global imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Syrian Arab Republic (X tons), distantly followed by Malaysia (X tons), Spain (X tons), the Philippines (X tons), Slovakia (X tons) and Canada (X tons) were the major importers of peroxides of sodium or potassium, together committing 51% of total imports. Senegal (X tons), Myanmar (X tons), the UK (X tons), Singapore (X tons), Turkey (X tons), Indonesia (X tons) and Egypt (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to peroxides of sodium imports into Syrian Arab Republic stood at +51.2%. At the same time, the Philippines (+89.8%), Myanmar (+42.9%), Turkey (+39.7%), Spain (+33.0%), Egypt (+13.8%), Singapore (+11.9%), Slovakia (+8.2%) and the UK (+1.1%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +89.8% from 2012-2021. By contrast, Malaysia (-4.0%), Indonesia (-4.6%), Senegal (-9.8%) and Canada (-11.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Syrian Arab Republic, Spain, the Philippines, Malaysia, Slovakia, Myanmar, the UK, Singapore, Turkey and Egypt increased by +17, +7.1, +6.5, +5.2, +4.9, +4.1, +2.8, +2.4, +2.3 and +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported peroxides of sodium or potassium worldwide, comprising 16% of global imports. The second position in the ranking was taken by Canada ($X), with a 4.1% share of global imports. It was followed by Malaysia, with a 3.6% share.

In Turkey, peroxides of sodium imports increased at an average annual rate of +53.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+7.3% per year) and Malaysia (-9.9% per year).

Import Prices by Country

The average peroxides of sodium import price stood at $X per ton in 2021, with an increase of 13% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peroxides of sodium import price increased by +40.1% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 89%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+20.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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