Overview of the Global Market for Caustic Soda in the Solid Form

Market Size for Caustic Soda in the Solid Form

After two years of growth, the global market for caustic soda in the solid form decreased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Caustic Soda in the Solid Form

In value terms, production of caustic soda in the solid form reduced to $X in 2023 estimated in export price. In general, production showed a sharp downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, global production of caustic soda in solid form attained the peak level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Caustic Soda in the Solid Form

Exports

In 2023, overseas shipments of caustic soda in the solid form increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the global exports of remained at a somewhat lower figure.

In value terms, exports of caustic soda in the solid form reduced to $X in 2023. In general, total exports indicated a noticeable 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. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2023, China (X tons), distantly followed by India (X tons) and Russia (X tons) represented the main exporters of caustic soda in the solid form, together achieving X% of total exports. France (X tons), Poland (X tons), Iran (X tons), Saudi Arabia (X tons), Thailand (X tons), Germany (X tons), Belgium (X tons), Kuwait (X tons), Qatar (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Qatar (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of global exports. France, Poland, Germany, Belgium, Thailand, Qatar, Saudi Arabia, Kuwait, the United Arab Emirates and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Qatar, with a CAGR of X%, saw 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

The average export price for caustic soda in the solid form stood at $X per ton in 2023, reducing by X% against the previous year. In general, export price indicated a slight expansion 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 caustic soda in the solid form increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Imports of Caustic Soda in the Solid Form

Imports

In 2023, the amount of caustic soda in the solid form imported worldwide contracted modestly to X tons, almost unchanged from the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2023.

In value terms, imports of caustic soda in the solid form contracted notably to $X in 2023. In general, total imports indicated temperate growth 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. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

The countries with the highest levels of imports of caustic soda in the solid form in 2023 were Nigeria (X tons), Vietnam (X tons), Indonesia (X tons), Turkey (X tons), South Africa (X tons), Tanzania (X tons), Cote d'Ivoire (X tons), Ghana (X tons), Kazakhstan (X tons), the Netherlands (X tons), Peru (X tons) and Cameroon (X tons), together accounting for X% of total import. Italy (X tons) held a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for South Africa (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest caustic soda in the solid form importing markets worldwide were Nigeria ($X), Vietnam ($X) and Indonesia ($X), together accounting for X% of global imports. Turkey, Cote d'Ivoire, Peru, South Africa, Tanzania, Italy, Ghana, the Netherlands, Kazakhstan and Cameroon lagged somewhat behind, together comprising a further X%.

South Africa, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for caustic soda in the solid form stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, import price indicated modest growth 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, import price for caustic soda in the solid form increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell remarkably in the following year.

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 Peru ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform