Global Propellant Powders Market 2024

Propellant Powders Market Size

In 2022, the global propellant powders market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a mild downturn. Over the period under review, the global market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Propellant Powders Production

In value terms, propellant powders production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a mild descent. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Propellant Powders Exports

Exports

In 2022, after two years of growth, there was decline in shipments abroad of propellant powders, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, leveling off in the following year.

In value terms, propellant powders exports fell to $X in 2022. Overall, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank modestly in the following year.

Exports by Country

In 2022, the United States (X tons), distantly followed by France (X tons), Canada (X tons), Belgium (X tons), Switzerland (X tons) and Serbia (X tons) represented the main exporters of propellant powders, together creating X% of total exports. China (X tons), Finland (X tons), the Czech Republic (X tons), Australia (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by France (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest propellant powders supplying countries worldwide were the United States ($X), Canada ($X) and France ($X), with a combined X% share of global exports. Switzerland, Belgium, Serbia, Finland, the Czech Republic, China, Italy and Australia lagged somewhat behind, together comprising a further X%.

Serbia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 2022, the average propellant powders export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

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 Finland ($X per ton), while Belgium ($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 Czech Republic (X%), while the other global leaders experienced more modest paces of growth.

Propellant Powders Imports

Imports

For the third consecutive year, the global market recorded growth in overseas purchases of propellant powders, which increased by X% to X tons in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, propellant powders imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic represented the key importing country with an import of around X tons, which finished at X% of total imports. Algeria (X tons) held the second position in the ranking, followed by the United States (X tons) and Italy (X tons). All these countries together took near X% share of total imports. France (X tons), Germany (X tons), the UK (X tons), Chile (X tons), South Korea (X tons), Spain (X tons), Japan (X tons) and Israel (X tons) took a relatively small share of total imports.

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Algeria (X%), Chile (X%), Spain (X%), France (X%), Israel (X%), Japan (X%), South Korea (X%), the UK (X%), Italy (X%) and the United States (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Czech Republic, Algeria, Chile and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported propellant powders worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with an X% share of global imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average propellant powders import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per ton), while Algeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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