Eastern Europe: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Eastern Europe

In 2023, the East European market for siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a mild shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Eastern Europe

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded slightly to $X in 2023 estimated in export price. Overall, production saw a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports in Eastern Europe

In 2023, overseas shipments of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons for the first time since 2017, thus ending a five-year declining trend. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2023. Total exports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by the Czech Republic (X tons), generating a X% share of total exports. Lithuania (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Bulgaria (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), the Czech Republic ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Bulgaria lagged somewhat behind, comprising a further X%.

Bulgaria, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, rising by X% against the previous year. Export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports in Eastern Europe

Imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) reduced to X tons in 2023, waning by X% on the previous year's figure. Total imports indicated slight growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) expanded rapidly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons) and the Czech Republic (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Poland (X tons), Lithuania (X tons), Latvia (X tons) and Slovakia (X tons), together generating a X% share of total imports. Romania (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), with a combined X% share of total imports. Lithuania, Romania, Latvia and Slovakia lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform