EU - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
EU Sodium Carbonate Imports Surpass Record $870M
IndexBox has just published a new report: 'EU - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
The EU sodium carbonate market was estimated at approx. $2.3B in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs and intermediaries' margins, which will be included in the final consumer price).
EU Sodium Carbonate Consumption by Country
Sodium carbonate consumption volume in the EU was estimated at approx. 6.2M tonnes in 2021. The countries with the highest volumes of in 2021 were Germany, Spain and France, with a combined 39% share of total consumption. These countries were followed by Poland, Italy, the Netherlands, Romania, Belgium, Sweden, and Austria.
EU Sodium Carbonate Production
In 2021, approx. 5.2M tonnes of sodium carbonate were produced in the European Union. The countries with the highest volumes of in 2021 were Germany, Bulgaria and Spain, together accounting for 56% of total production. France, Poland, Romania, Sweden and Belgium lagged somewhat behind, together comprising a further 36%.
EU Sodium Carbonate Exports
In 2021, the amount of sodium carbonate exported in the European Union surged to 3.2M tonnes, rising by 27% against the year before. This figure includes trade volumes between the EU countries and shipped outside the EU. Total exports indicated a mild expansion from 2007 to 2021: its volume increased at an average annual rate of +1.0%.
In value terms, exports skyrocketed to $704M in 2021. This figure includes trade between EU member countries. Total exports indicated temperate growth from 2007 to 2021: its value increased at an average annual rate of +1.0%.
Exports by Country
Bulgaria (1,171K tonnes) and Germany (785K tonnes) represented roughly 62% of total exports in 2021. Spain (521K tonnes) took a 16% share of total volume, which put it in second place, followed by the Netherlands (8%), France (7.3%) and Belgium (4.8%).
In value terms, Bulgaria ($223M), Germany ($209M) and Spain ($94M) constituted the countries with the highest levels of exports in 2021, with a combined 75% share of total supplies.
Germany, with a CAGR of +8.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries from 2007 to 2021. Shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in the European Union stood at $222 per tonne in 2021, which is down by -3.1% against the previous year. Prices varied noticeably by the country of origin: the country with the highest price was France ($296 per tonne), while Spain ($180 per tonne) was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the other leaders experienced more modest paces of growth.
EU Sodium Carbonate Imports
In 2021, the amount of sodium carbonate imported in the European Union soared to 3.9M tonnes, increasing by 19% compared to 2020. This figure includes trade volumes between the EU countries and shipped outside the EU. The total import volume increased at an average annual rate of +3.0% from 2007 to 2021.
In value terms, imports surged to $871M in 2021. This figure includes trade between EU member countries. The total import value increased at an average annual rate of +3.4% from 2007 to 2021.
Imports by Country
In 2021, Italy (570K tonnes), Spain (555K tonnes), the Netherlands (521K tonnes) and Germany (461K tonnes) represented the main importer of sodium carbonate in the European Union, mixing up 54% of total volume. It was distantly followed by Belgium (282K tonnes), France (279K tonnes), Portugal (221K tonnes), Poland (190K tonnes) and the Czech Republic (188K tonnes), together constituting a 30% share of total imports.
In value terms, the Netherlands ($124M), Italy ($114M) and Germany ($110M) constituted the countries with the highest levels of imports in 2021, with a combined 40% share of total supplies. These countries were followed by Spain, France, Belgium, the Czech Republic, Portugal and Poland, which together accounted for a further 42%.
Among the main importing countries, Poland, with a CAGR of +19.2%, recorded the highest rates of growth with regard to the value of imports from 2007 to 2021, while purchases for the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the sodium carbonate 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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