Caustic Soda in Aqueous Solution Market

Caustic soda in aqueous solution market: enjoy recently published statistics empowered by an Ai-driven business intelligence platform. Datasets cover exports, market prices, consumption, companies, trade, production, imports, and market size. Here is a breakdown by region, including the U.S., Russia, EU, the Middle East, Africa, the U.K., Latin America, and China. Market dynamics and forecast to 2030 are also featured in the snapshots.


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Caustic Soda in Aqueous Solution - World's Largest Markets

RatingCountry
1China
2United States
3India
4Bangladesh
5Pakistan

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2019 to 2021, the average annual growth rate of value in China stood at -2.1%. In the other countries, the average annual rates were as follows: the United States (+2.4% per year) and India (-1.2% per year).

Caustic Soda in Aqueous Solution (Soda Lye) Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Netherlands217147158-14.7%
France212n/a159-13.4%
Russia264160164-21.2%
Japan239230170-15.7%
Hungary289186180-21.1%
United States1921601940.5%
Saudi Arabia226205213-2.9%
Belgium252195216-7.4%
Germany222n/a2220.0%
South Korea321211231-15.2%
China318218239-13.3%
Norway270228247-4.4%
Taiwan (Chinese)2863903175.3%
Average229186201-6.5%

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($317 per ton), while the Netherlands ($158 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Finland2212482353.1%
France305241235-12.2%
Sweden16823222616.0%
United States227149201-5.9%
Italy1791541913.3%
Australia193167180-3.4%
Spain251174172-17.2%
Brazil188183170-4.9%
Belgium229226166-14.9%
Germany247208161-19.3%
Jamaica209149159-12.8%
Turkey241146114-31.2%
Netherlands114102111-1.3%
Average219197199-4.7%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Finland ($235 per ton), while the Netherlands ($111 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Sweden, while the other global leaders experienced more modest paces of growth.

Caustic Soda in Aqueous Solution (Soda Lye) - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Australia0.60.50.5-4.0%
Brazil0.40.50.52.8%
United States0.20.10.212.5%
Netherlands0.20.20.2-4.8%
Finland0.10.20.246.7%

In value terms, Australia ($532M), Brazil ($458M) and the United States ($230M) constituted the countries with the highest levels of imports in 2021, together comprising 31% of global imports. The Netherlands, Finland, Sweden, France, Italy, Spain, Belgium, Germany, Jamaica and Turkey lagged somewhat behind, together comprising a further 33%.

In terms of the main importing countries, Finland saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Caustic Soda in Aqueous Solution (Soda Lye) - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States1.20.91.1-4.3%
Japan0.20.10.329.3%
Germany0.6n/a0.3-29.3%
Netherlands0.20.30.316.1%
Belgium0.30.20.2-6.2%

In value terms, the United States ($1.1B) remains the largest caustic soda in aqueous solution (soda lye) supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by Japan ($332M), with a 8.7% share of global exports. It was followed by Germany, with a 8.4% share.

In the United States, exports of caustic soda in aqueous solution (soda lye) shrank by an average annual rate of -4.3% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+29.3% per year) and Germany (-29.3% per year).

Caustic Soda in Aqueous Solution (Soda Lye) - Market Forecast

Driven by rising demand for caustic soda in aqueous solution (soda lye) 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 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Caustic Soda in Aqueous Solution (Soda Lye) - Top Companies

WESFARMERS CHEMICALS, ENERGY & FERTILISERS LIMITED, Solvay SA, Hanwha Chemical Corporation, Hubei Biocause Pharmaceutical Co., Ltd., E A JUFFALI & BROTHERS CO.,LTD, 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, Avantor, Inc., Icl-Ip America Inc., LANXESS Deutschland GmbH, Israni Colour Chemicals Llc, Beijing Sanju Environmental Protection & New Materials Co., Ltd., Axiall Corporation, ARKEMA FRANCE, Tangshan Sanyou Chemical Industries Co., Ltd.

Caustic Soda in Aqueous Solution - Product Coverage

  • HS 281512 - Sodium hydroxide (caustic soda); in aqueous solution (soda lye or liquid soda)
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World - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for caustic soda in aqueous solution (soda lye).

Southern Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Southern Asia.

Latin America and the Caribbean - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Latin America and the Caribbean.

Australia and Oceania - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Australia and Oceania.

Eastern Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Eastern Asia.

Africa - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Africa.

Middle East - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in the Middle East.

South-Eastern Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in South-Eastern Asia.

Northern America - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Northern America.

Central Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Central Asia.

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