Caustic Soda in The Solid Form Market

Caustic soda in the solid form market: find the latest information enhanced by an Ai-driven BI platform. Datasets cover imports, market size, production, exports, trade, companies, consumption, and market prices. Here is a split by region, including the U.K., EU, Africa, Russia, the Middle East, Latin America, the U.S., and China. Market dynamics and outlook to 2030 are also provided in the dashboards.


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Caustic Soda in The Solid Form - World's Largest Markets

RatingCountry
1United States
2China
3Japan
4Turkey
5Bangladesh

In value terms, the largest caustic soda in the solid form markets worldwide were the United States, China and Japan, together comprising 30% of the global market. These countries were followed by Turkey, Bangladesh, India, Germany, the UK, Russia, Indonesia, Nigeria, Vietnam and Pakistan, which together accounted for a further 28%.

In terms of the main consuming countries, Pakistan recorded the highest rates of growth with regard to market size, over the period under review, while market of caustic soda in the solid form for the other global leaders experienced more modest paces of growth.

Caustic Soda in the Solid Form Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Iran455324389-7.5%
India724476398-25.9%
China441488422-2.2%
Egypt600581517-7.2%
Kuwait5275335300.3%
Poland682440546-10.5%
Thailand597506557-3.4%
France723n/a571-11.1%
Saudi Arabia582570579-0.3%
Taiwan (Chinese)652529592-4.7%
Russia6215096331.0%
Mexico703611667-2.6%
Belgium6476147074.5%
Average567514519-4.3%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($707 per ton), while Iran ($389 per ton) was amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United States902803829-4.1%
Italy759552642-8.0%
Democratic Republic of the Congo678568629-3.7%
Tanzania44232755712.3%
Nigeria535528531-0.4%
Indonesia572418483-8.1%
Uzbekistan606462457-13.2%
Cote d'Ivoire644398455-15.9%
Cameroon490361427-6.6%
Vietnam456385421-3.9%
Ghana495383419-8.0%
Kazakhstan490344415-8.0%
South Africa435345219-29.0%
Average577472519-5.1%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($829 per ton), while South Africa ($219 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania, while the other global leaders experienced a decline in the import price figures.

Caustic Soda in The Solid Form - Top Importers

COUNTRY201920202021CAGR,
2019-2021
million USD
Nigeria3540373.8%
Vietnam383235-3.8%
Indonesia282828-0.2%
United States271624-6.0%
Tanzania17112315.7%

In value terms, Nigeria ($37M), Vietnam ($35M) and Indonesia ($28M) constituted the countries with the highest levels of imports in 2021, together comprising 13% of global imports. These countries were followed by the United States, Tanzania, Cote d'Ivoire, Democratic Republic of the Congo, Italy, Ghana, Kazakhstan, Cameroon, Uzbekistan and South Africa, which together accounted for a further 22%.

Tanzania 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.

Caustic Soda in The Solid Form - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
million USD
China259187215-8.9%
India41546929.7%
Russia4235498.9%
Poland29344828.0%
France43n/a451.5%

In value terms, China ($215M) remains the largest caustic soda in the solid form supplier worldwide, comprising 29% of global exports. The second position in the ranking was occupied by India ($69M), with a 9.3% share of global exports. It was followed by Russia, with a 6.7% share.

In China, exports of caustic soda in the solid form declined by an average annual rate of -8.9% over the period from 2019-2021. In the other countries, the average annual rates were as follows: India (+29.7% per year) and Russia (+8.9% per year).

Caustic Soda in The Solid Form - Market Forecast

Driven by rising demand for caustic soda in the solid form 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 The Solid Form - 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 The Solid Form - Product Coverage

  • HS 281511 - Sodium hydroxide (caustic soda); solid
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World - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for caustic soda in the solid form.

Africa - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Africa.

Northern America - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Northern America.

Eastern Asia - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Eastern Asia.

Australia and Oceania - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Australia and Oceania.

Central Asia - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Central Asia.

Latin America and the Caribbean - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Latin America and the Caribbean.

South-Eastern Asia - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in South-Eastern Asia.

Middle East - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in the Middle East.

Southern Asia - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for caustic soda in the solid form in Southern Asia.

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