United Kingdom - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 23, 2024

United Kingdom - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights

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Caustic Soda Price in the UK - 2023

Contents:

  1. Caustic Soda Price in the UK (CIF) - 2022
  2. Caustic Soda Price in the UK (FOB) - 2022
  3. Caustic Soda Imports in the UK
  4. Caustic Soda Exports in the UK

Caustic Soda Price in the UK (CIF) - 2022

The average caustic soda import price stood at $367 per ton in 2022, increasing by 8.4% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, caustic soda import price increased by +16.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked at $390 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($814 per ton), while the price for Germany ($211 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Caustic Soda Price in the UK (FOB) - 2022

In 2021, the average caustic soda export price amounted to $254 per ton, surging by 4.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 17%. The export price peaked at $301 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,082 per ton), while the average price for exports to Italy ($161 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Caustic Soda Imports in the UK

In 2022, approx. 325K tons of caustic soda were imported into the UK; picking up by 851% on the previous year. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda imports soared to $119M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Caustic Soda in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.81.62.331.275.2%
Germany3.82.02.323.683.8%
France11.72.83.623.426.0%
United States0.1N/A0.211.1380.6%
Poland1.5N/AN/A6.361.3%
China0.70.10.16.0104.7%
Ireland0.70.50.45.6100.0%
Netherlands2.70.80.94.114.9%
Taiwan (Chinese)2.20.30.31.6-10.1%
Others1.50.71.56.462.2%
Total30.78.911.611957.1%

Top Suppliers of Caustic Soda to the UK in 2022:

  1. Germany (112.1K tons)
  2. Belgium (82.2K tons)
  3. France (54.2K tons)
  4. Ireland (19.1K tons)
  5. United States (13.7K tons)
  6. Poland (10.9K tons)
  7. China (10.0K tons)
  8. Netherlands (6.7K tons)
  9. Taiwan (Chinese) (4.1K tons)

Caustic Soda Exports in the UK

In 2021, the amount of caustic soda exported from the UK expanded sharply to 351K tons, growing by 7.7% against the previous year. The total export volume increased at an average annual rate of +3.4% from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda exports rose sharply to $89M in 2021. Over the period under review, exports, however, saw a abrupt slump.

Export of Caustic Soda in the UK (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Spain17.55.116.5-2.9%
France8.15.97.9-1.2%
Portugal5.04.16.09.5%
Finland21.31.43.3-60.6%
Italy1.43.53.251.2%
Sweden7.42.30.7-69.2%
Denmark13.34.90.4-82.7%
Ireland6.74.1N/A-38.8%
Others18.248.151.167.6%
Total98.979.489.1-5.1%

Top Export Markets for Caustic Soda from the UK in 2022:

  1. Spain (49.3K tons)
  2. France (40.5K tons)
  3. Portugal (32.6K tons)
  4. Italy (19.7K tons)
  5. Finland (2.5K tons)
  6. Sweden (2.0K tons)
  7. Denmark (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the caustic soda market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132525 - Sodium hydroxide (caustic soda), solid
  • Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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