Caustic Soda Market

Caustic soda market: read newly released info secured by an Ai-driven market research platform. Data contain trade, market prices, market size, production, companies, exports, imports, and consumption. There is a split by country, including the U.K., Africa, China, the Middle East, Russia, the U.S., Latin America, and EU. Market dynamics and outlook to 2030 are also provided in the reports.


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Caustic Soda - World's Largest Markets

RatingCountry
1India
2China
3United States
4Brazil
5South Korea

In value terms, India, China and the United States were the countries with the highest levels of market value in 2021, together comprising 54% of the global market. These countries were followed by Brazil, South Korea, Indonesia, Australia, Japan, Iran, Germany and Egypt, which together accounted for a further 21%.

In terms of the main consuming countries, Germany (+120.3% per year) saw the highest growth rate of market size, over the period under review, while caustic soda market for the other global leaders experienced more modest paces of growth.

Caustic Soda Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Netherlands221149161-14.6%
Japan243234172-15.9%
Hungary289186180-21.1%
France243n/a185-12.7%
United States1931611960.8%
Belgium265210230-6.8%
Germany231n/a2310.0%
South Korea323213233-15.1%
Saudi Arabia262214235-5.3%
Russia321203245-12.6%
Norway270228247-4.4%
China381324319-8.5%
Taiwan (Chinese)3304223604.4%
Average252207223-6.0%

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($360 per ton), while the Netherlands ($161 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
France313248243-11.9%
Finland2222492363.1%
Sweden16923522715.9%
United States252162216-7.4%
Italy1971702082.8%
Australia194167181-3.4%
Germany257225181-16.1%
Spain261182180-17.0%
Belgium240236176-14.4%
Brazil196185173-6.1%
Jamaica212152161-12.9%
Turkey259153120-31.9%
Netherlands116106115-0.4%
Average244215221-5.0%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($243 per ton), while the Netherlands ($115 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 - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Australia0.60.50.5-3.9%
Brazil0.50.50.51.0%
United States0.20.20.310.3%
Netherlands0.20.20.2-3.7%
Finland0.10.20.246.7%

In value terms, the largest caustic soda importing markets worldwide were Australia ($536M), Brazil ($468M) and the United States ($253M), together accounting for 27% of global imports. The Netherlands, Finland, Sweden, France, Italy, Spain, Belgium, Germany, Jamaica and Turkey lagged somewhat behind, together comprising a further 29%.

Among the main importing countries, Finland recorded 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 - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States1.20.91.1-4.2%
China0.40.30.4-8.1%
Germany0.7n/a0.3-29.3%
Japan0.20.20.328.7%
Netherlands0.20.30.316.0%

In value terms, the United States ($1.1B) remains the largest caustic soda supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by China ($369M), with a 8.1% share of global exports. It was followed by Germany, with a 7.4% share.

From 2019 to 2021, the average annual rate of growth in terms of value in the United States amounted to -4.2%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-8.1% per year) and Germany (-29.3% per year).

Caustic Soda - Market Forecast

The caustic soda market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.0% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Caustic Soda - 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 - Product Coverage

  • HS 281511 - Sodium hydroxide (caustic soda); solid
  • HS 281512 - Sodium hydroxide (caustic soda); in aqueous solution (soda lye or liquid soda)
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World - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Africa - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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

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

Eastern Asia - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Middle East - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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

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

Southern Asia - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Central Asia - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Australia and Oceania - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

Northern America - Caustic Soda - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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