Eastern Europe: Bentonite Market 2021

Bentonite Market Size in Eastern Europe

After two years of growth, the East European bentonite market decreased by -X% to $X in 2019. The total consumption indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018, and then shrank in the following year.

Bentonite Production in Eastern Europe

In value terms, bentonite production shrank to $X in 2019 estimated in export prices. The total production indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The level of production peaked at $X in 2018, and then dropped in the following year.

Production By Country in Eastern Europe

Russia (X tons) constituted the country with the largest volume of bentonite production, accounting for X% of total volume. Moreover, bentonite production in Russia exceeded the figures recorded by the second-largest producer, Slovakia (X tons), threefold. The third position in this ranking was occupied by the Czech Republic (X tons), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Russia stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Slovakia (+X% per year) and the Czech Republic (+X% per year).

Bentonite Exports

Exports in Eastern Europe

In 2019, exports of bentonite in Eastern Europe amounted to X tons, picking up by X% against the previous year. Total exports indicated a noticeable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked in 2019 and is likely to see steady growth in years to come.

In value terms, bentonite exports stood at $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Slovakia (X tons) and the Czech Republic (X tons) dominates bentonite exports structure, together generating X% of total exports. It was distantly followed by Poland (X tons), Bulgaria (X tons) and Russia (X tons), together comprising a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Slovakia ($X), with a combined X% share of total exports. Bulgaria and Russia lagged somewhat behind, together comprising a further X the main exporting countries, Russia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Eastern Europe amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in Eastern Europe

For the third consecutive year, Eastern Europe recorded growth in purchases abroad of bentonite, which increased by X% to X tons in 2019. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in years to come.

In value terms, bentonite imports expanded sharply to $X in 2019. Total imports indicated a temperate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in the near future.

Imports by Country

Poland (X tons) and Russia (X tons) prevails in bentonite imports structure, together committing X% of total imports. It was distantly followed by the Czech Republic (X tons), mixing up a X% share of total imports. Slovakia (X tons), Belarus (X tons), Hungary (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Hungary, Slovakia, Belarus and Lithuania lagged somewhat behind, together accounting for a further X terms of the main importing countries, Slovakia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Eastern Europe amounted to $X per ton, declining by -X% against the previous year. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs at $X per ton in 2010; however, from 2011 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Hungary ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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