EU: Market for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) 2024

Market Size for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in the EU

The EU market for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) declined to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in the EU

In value terms, production of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) reduced to $X in 2022 estimated in export price. In general, production saw a noticeable reduction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Exports in the EU

Exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) dropped to X tons in 2022, with a decrease of X% on 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) amounted to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) represented the main exporter of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates), comprising X% of total exports. France (X tons) took the second position in the ranking, followed by Belgium (X tons), Spain (X tons) and Italy (X tons). All these countries together held near X% share of total exports. The Netherlands (X tons) took a little share of total exports.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%) and Spain (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Spain (X p.p.) and Italy (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest salts of inorganic acids or peroxoacids supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Imports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Imports in the EU

In 2022, overseas purchases of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a perceptible descent. The growth pace was the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) shrank modestly to $X in 2022. Overall, imports, however, saw a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) represented the key importer of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates), creating X% of total imports. It was distantly followed by Belgium (X tons), Germany (X tons), Italy (X tons), Spain (X tons) and the Netherlands (X tons), together comprising a X% share of total imports. The Czech Republic (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest salts of inorganic acids or peroxoacids importing markets in the European Union were France ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main importing countries, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 the European Union stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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