EU - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
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EU - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: May 25, 2022

EU Baking Soda Imports Reach Record 1.1B Tonnes

IndexBox has just published a new report: 'EU - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The baking soda market in the European Union was estimated at approx. $730M in 2021. The market value increased at an average annual rate of +4.0% over the past decade.

In value terms, the largest baking soda markets in the European Union were France, Italy and Germany, together comprising 46% of the total market. These countries were followed by Romania, the Czech Republic, Poland, the Netherlands, Spain, Belgium, Sweden, Hungary, Portugal and Austria, which together accounted for a further 46%.

EU Baking Soda Consumption by Country

Baking soda consumption in the EU was estimated at approx. 1.6M tonnes in 2021. The countries with the highest volumes of baking soda consumption in 2021 were France, Italy and Germany, with a combined 56% share of total consumption. These countries were followed by Spain, Poland, the Netherlands, Belgium, Romania, the Czech Republic, Hungary, Sweden, Portugal and Austria, which together accounted for a further 36%.

The countries with the highest levels of baking soda per capita consumption in 2021 were Belgium (6.34 kg per person), Italy (5.57 kg per person) and France (5.33 kg per person).

From 2011 to 2021, the most notable rate of growth in terms of baking soda per capita consumption, amongst the key consuming countries, was attained by Portugal (+8.9%), while per capita consumption for the other leaders experienced more modest paces of growth.

EU Baking Soda Production by Country

After two years of growth, the estimated volume of baking soda production was approx. 1.5M tonnes in 2021. The total output volume increased at an average annual rate of +3.0% over the period from 2011 to 2021.

The countries with the highest volumes of baking soda production in 2021 were Germany, France and Italy, together accounting for 71% of the total volume. Spain, Poland, Romania, Bulgaria and Sweden lagged somewhat behind, together accounting for a further 24%.

EU Baking Soda Exports

In 2021, the amount of baking soda exported in the European Union surged to 899K tonnes, jumping by 23% against 2020 figures. This number includes trade volumes between the EU countries and shipped outside the EU.Total exports indicated a resilient increase over the last decade: its volume grew at an average annual rate of +7.0% from 2011-2021.

In value terms, baking soda exports surged to $418M in 2021. This figure includes trade between EU member countries. Total exports indicated a resilient expansion from 2011 to 2021: its value increased at an average annual rate of +7.0%.

Exports by Country

Germany represented the largest exporter of baking soda in the European Union, with the volume of exports recording 384K tonnes, which was approx. 43% of total volume in 2021. Spain (159K tonnes) held the second position in the ranking, followed by France (120K tonnes), Belgium (104K tonnes) and Italy (52K tonnes). All these countries together held approx. 48% share of total supplies. The following exporters - Bulgaria (19K tonnes) and the Netherlands (16K tonnes) - each resulted at a 4% share of total exports.

In value terms, the largest baking soda supplying countries in the European Union were Germany ($151M), Spain ($100M) and France ($49M), with a combined 72% share of total exports.

Among the main exporting countries, Spain, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of exports, over the last decade, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the baking soda export price in the European Union amounted to $465 per tonne, rising by 3.1% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($627 per tonne), while Bulgaria ($251 per tonne) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2021, approx. 1.1M tonnes of baking soda were imported in the European Union; surging by 4.4% compared with 2020. This figure includes trade volumes between the EU countries and sourced from outside the EU. In general, imports saw a resilient expansion in the past decade.

In value terms, baking soda imports stood at $384M in 2021. This figure includes trade between EU member countries.

Imports by Country

The countries with the highest levels of baking soda imports in 2021 were France (205K tonnes), Belgium (170K tonnes), Germany (122K tonnes), Italy (122K tonnes), the Netherlands (103K tonnes) and Spain (84K tonnes), together accounting for 74% of total purchases. Poland (37K tonnes), Portugal (36K tonnes), Austria (27K tonnes), Denmark (25K tonnes), Hungary (23K tonnes), the Czech Republic (19K tonnes) and Sweden (19K tonnes) followed a long way behind the leaders.

In value terms, France ($77M), Belgium ($54M) and Germany ($45M) constituted the countries with the highest levels of imports in 2021, with a combined 46% share of total supplies. These countries were followed by the Netherlands, Italy, Spain, Poland, Portugal, Austria, Denmark, Sweden, the Czech Republic and Hungary, which together accounted for a further 44%.

Among the main importing countries, Portugal, with a CAGR of +16.0%, saw the highest growth rate of the value of imports, over the last decade, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the baking soda import price in the European Union amounted to $354 per tonne, increasing by 2.5% against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($440 per tonne), while Spain ($269 per tonne) was amongst the lowest. From 2011 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the baking soda market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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