Which Country Imports the Most Carbonates and Peroxocarbonates in the World?

Basic Chemicals May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global carbonate imports totaled 23M tonnes in 2016, lowering by -2.1% against the previous year level. The total import volume increased at an average annual rate of +2.4% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, an increase of 15% against the previous year level. Over the period under review, global carbonate imports attained its maximum volume of 23M tonnes in 2015, falling back in the following year.

In value terms, carbonate imports stood at $6.6B in 2016. The total import value increased at an average annual rate of +3.8% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, global carbonate imports reached its maximum level of $6.6B in 2014; afterwards, it flattened through to 2016.

Top Carbonate Importing Countries in the World

1. South Korea (369.5 million USD)

2. Mexico (313.9 million USD)

3. India (302.1 million USD)

4. Brazil (280.2 million USD)

5. Indonesia (261.7 million USD)

6. Germany (259.7 million USD)

7. Belgium (239.9 million USD)

8. United Kingdom (212.2 million USD)

9. Thailand (182.9 million USD)

10. Spain (146.2 million USD)

11. Saudi Arabia (135.7 million USD)

12. Finland (66.9 million USD)

Carbonate Imports By Country

India (1.5M tonnes), Brazil (1.2M tonnes), Mexico (1.1M tonnes), Indonesia (1.1M tonnes), Germany (991K tonnes), Belgium (914K tonnes), South Korea (805K tonnes), Thailand (758K tonnes), Saudi Arabia (728K tonnes), the UK (670K tonnes), Finland (641K tonnes), and Spain (560K tonnes) represented roughly 49% of total imports of carbonate in 2016.

From 2007 to 2016, the most notable growth rate of carbonate imports, among the main importing countries, was attained by the UK (+17.9% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest carbonate markets worldwide were South Korea ($370M), Mexico ($314M) and India ($302M), together comprising 15% of global imports. These countries were followed by Brazil, Indonesia, Germany, Belgium, the UK, Thailand, Spain, Saudi Arabia and Finland, which together accounted for a further 27%.

The UK (+12.4% per year) recorded the highest rates of growth with regard to the carbonate imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Carbonate Import Prices By Country

The average carbonate import price stood at $289 per tonne in 2016, jumping by 5% against the previous year. Over the last nine years it increased at an average annual rate of +1.4%.The most prominent rate of growth was recorded in 2008, an increase of 22% from the previous year level. Global carbonate import peaked of $314 per tonne in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was South Korea ($459 per tonne), while Finland ($104 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of carbonate import prices was attained by South Korea (+6.7% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global carbonate market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • carbonate market share
  • carbonate prices
  • carbonate industry
  • carbonate sales
  • carbonate import
  • carbonate export
  • carbonate market forecast
  • carbonate price forecast
  • key carbonate producers

All data provided in this article covers the following product: HS Code 2836 - Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate.

Source: World: Carbonates And Peroxocarbonates - Market Report. Analysis and Forecast to 2025