Eastern Europe: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Eastern Europe

In 2022, the East European potassium hydroxide market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, recorded a mild decrease. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Potassium Hydroxide Production in Eastern Europe

In value terms, potassium hydroxide production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Potassium Hydroxide Exports

Exports in Eastern Europe

In 2022, overseas shipments of potassium hydroxide (caustic potash) increased by X% to X tons, rising for the eighth year in a row after two years of decline. Over the period under review, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide exports skyrocketed to $X in 2022. In general, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Russia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%).

Exports from the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, the Czech Republic ($X) remains the largest potassium hydroxide supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic totaled X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a slight contraction. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Potassium Hydroxide Imports

Imports in Eastern Europe

In 2022, potassium hydroxide imports in Eastern Europe soared to X tons, rising by X% compared with the previous year. In general, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons) and Russia (X tons) represented roughly X% of total imports in 2022. The Czech Republic (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%). Romania (X tons), Lithuania (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium hydroxide importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for X% of total imports. Romania, Hungary, Lithuania and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Latvia, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Latvia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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