Eastern Europe: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Eastern Europe

The East European market for caustic soda in aqueous solution (soda lye) declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a pronounced slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Caustic Soda in Aqueous Solution (Soda Lye) in Eastern Europe

In value terms, production of caustic soda in aqueous solution (soda lye) skyrocketed to $X in 2022 estimated in export price. Overall, production saw prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports in Eastern Europe

In 2022, the amount of caustic soda in aqueous solution (soda lye) exported in Eastern Europe surged to X tons, growing by X% against 2021. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of caustic soda in aqueous solution (soda lye) surged to $X in 2022. Overall, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Hungary (X tons), distantly followed by Poland (X tons), Russia (X tons) and Romania (X tons) represented the key exporters of caustic soda in aqueous solution (soda lye), together mixing up X% of total exports. Slovakia (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

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

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports in Eastern Europe

In 2022, supplies from abroad of caustic soda in aqueous solution (soda lye) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of caustic soda in aqueous solution (soda lye) skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic was the major importer of caustic soda in aqueous solution (soda lye) in Eastern Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Poland (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bulgaria (X%), Estonia (X%), Lithuania (X%), Belarus (X%), Slovakia (X%) and Hungary (X%).

Imports into the Czech Republic increased at an average annual rate of X% from 2012 to 2022. At the same time, Estonia (X%), Lithuania (X%), Poland (X%), Bulgaria (X%), Slovakia (X%), Hungary (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic (X p.p.), Poland (X p.p.), Estonia (X p.p.), Lithuania (X p.p.), Bulgaria (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) constitutes the largest market for imported caustic soda in aqueous solution (soda lye) in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Slovakia, with an X% share.

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

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Estonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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