Carbonate Market
Carbonate market: download the latest information empowered by an Ai-driven market intelligence platform. Statistics contain production, imports, companies, trade, market prices, consumption, market size, and exports. There is a split by country, including China, Russia, Latin America, Africa, EU, the U.K., the Middle East, and the U.S. Market dynamics and outlook to 2030 are also provided in the dashboards.
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Carbonate - World's Largest Markets
Rating | Country |
---|---|
1 | Democratic Republic of the Congo |
2 | China |
3 | India |
4 | United States |
5 | Russia |
In value terms, the largest carbonate markets worldwide were Democratic Republic of the Congo, China and India, together comprising 41% of the global market. These countries were followed by the United States, Russia, South Korea, Brazil, Mexico, Pakistan, Japan, France, Germany and Iran, which together accounted for a further 22%.
Among the main consuming countries, Iran recorded the highest growth rate of market size, over the period under review, while carbonate market for the other global leaders experienced more modest paces of growth.
Carbonate Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Egypt | 117 | 104 | 124 | 2.9% |
Turkey | 196 | 206 | 165 | -8.2% |
Bulgaria | 225 | 227 | 192 | -7.6% |
Bosnia and Herzegovina | 195 | 200 | 214 | 4.8% |
Russia | 247 | 274 | 220 | -5.6% |
United States | 229 | 237 | 230 | 0.2% |
Belgium | 355 | 393 | 238 | -18.1% |
Spain | 252 | 254 | 257 | 1.0% |
Netherlands | 149 | 184 | 297 | 41.2% |
China | 384 | 337 | 321 | -8.6% |
France | 377 | 342 | 321 | -7.7% |
Germany | 470 | 478 | 505 | 3.7% |
Average | 324 | 310 | 294 | -4.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($505 per ton), while Egypt ($124 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
South Korea | 831 | 912 | 694 | -8.6% |
Belgium | 457 | 287 | 341 | -13.6% |
Mexico | 290 | 292 | 309 | 3.2% |
Germany | 317 | 320 | 305 | -1.9% |
Italy | 288 | 267 | 290 | 0.3% |
Spain | 286 | 269 | 269 | -3.0% |
Malaysia | 262 | 247 | 252 | -1.9% |
Indonesia | 276 | 274 | 247 | -5.4% |
Netherlands | 317 | 343 | 245 | -12.1% |
Thailand | 250 | 264 | 242 | -1.6% |
Brazil | 213 | 218 | 238 | 5.7% |
India | 210 | 204 | 233 | 5.3% |
Saudi Arabia | 213 | 216 | 197 | -3.8% |
Average | 328 | 319 | 319 | -1.4% |
Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($694 per ton), while Saudi Arabia ($197 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.
Carbonate - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
South Korea | 0.7 | 0.7 | 0.5 | -11.8% |
Mexico | 0.4 | 0.4 | 0.4 | -1.4% |
Germany | 0.3 | 0.3 | 0.3 | 2.6% |
Brazil | 0.3 | 0.3 | 0.3 | 1.6% |
India | 0.4 | 0.4 | 0.3 | -14.2% |
In value terms, South Korea ($532M), Mexico ($362M) and Germany ($329M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 16% of global imports. Brazil, India, Indonesia, the Netherlands, Belgium, Thailand, Italy, Spain, Malaysia and Saudi Arabia lagged somewhat behind, together accounting for a further 28%.
The Netherlands saw 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.
Carbonate - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 1.7 | 1.7 | 1.3 | -10.0% |
China | 0.9 | 0.9 | 0.9 | -4.3% |
Turkey | 0.8 | 0.9 | 0.8 | 3.9% |
Germany | 0.6 | 0.6 | 0.5 | -5.1% |
Belgium | 0.2 | 0.2 | 0.3 | 7.2% |
In value terms, the largest carbonate supplying countries worldwide were the United States ($1.3B), China ($867M) and Turkey ($809M), together comprising 43% of global exports. These countries were followed by Germany, Belgium, Russia, Bulgaria, France, Spain, the Netherlands, Bosnia and Herzegovina and Egypt, which together accounted for a further 27%.
Bosnia and Herzegovina recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Carbonate - Market Forecast
Driven by rising demand for carbonate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Carbonate - Top Companies
WESFARMERS CHEMICALS, ENERGY & FERTILISERS LIMITED, UCONE PTY LTD, PETROCHEM (BANGLADESH) LIMITED, Nutrien Ltd, Agrium Inc, Solvay SA, Yara International ASA, Koninklijke DSM N.V., Yunnan Yuntianhua Co.,Ltd., Hanwha Chemical Corporation, Hubei Biocause Pharmaceutical Co., Ltd., E A JUFFALI & BROTHERS CO.,LTD, Parkland Fuel Corporation, Xinjiang Zhongtai Chemical Co., Ltd., Olin Corporation, Celanese Corporation, TOTAL PETROCHEMICALS FRANCE, North Huajin Chemicals Industries Group Co., Ltd., Rohm and Haas Company, VERSALIS SPA
Carbonate - Product Coverage
- HS 283620 - Carbonates; disodium carbonate
- HS 283630 - Carbonates; sodium hydrogencarbonate (sodium bicarbonate)
- HS 283640 - Carbonates; potassium carbonate
- HS 283650 - Carbonates; calcium carbonate
- HS 283660 - Carbonates; barium carbonate
- HS 283691 - Carbonates; lithium carbonate
- HS 283692 - Carbonates; strontium carbonate
- HS 283699 - Carbonates; n.e.s. in heading no. 2836 and other than lithium or strontium
This report provides an in-depth analysis of the global carbonate market.
This report provides an in-depth analysis of the carbonate market in Central Asia.
This report provides an in-depth analysis of the carbonate market in Latin America and the Caribbean.
This report provides an in-depth analysis of the carbonate market in South-Eastern Asia.
This report provides an in-depth analysis of the carbonate market in the Middle East.
This report provides an in-depth analysis of the carbonate market in Eastern Asia.
This report provides an in-depth analysis of the carbonate market in Australia and Oceania.
This report provides an in-depth analysis of the carbonate market in Northern America.
This report provides an in-depth analysis of the carbonate market in Africa.
This report provides an in-depth analysis of the carbonate market in Southern Asia.
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