EU: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in the EU

The EU double or complex silicates market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Double Or Complex Silicates in the EU

In value terms, double or complex silicates production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Double Or Complex Silicates

Exports in the EU

In 2022, approx. X tons of double or complex silicates were exported in the European Union; which is down by X% compared with 2021 figures. Total exports 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. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, double or complex silicates exports stood at $X in 2022. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands was the largest exporter of double or complex silicates in the European Union, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Spain (X%), Slovenia (X%), Poland (X%) and Belgium (X%). France (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to double or complex silicates exports from the Netherlands stood at X%. At the same time, Poland (X%), Belgium (X%), Spain (X%), France (X%), Slovenia (X%) and Germany (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Slovenia (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest double or complex silicates supplying countries in the European Union were the Netherlands ($X), Germany ($X) and Poland ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, 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 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

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

Imports of Double Or Complex Silicates

Imports in the EU

In 2022, overseas purchases of double or complex silicates increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, double or complex silicates imports expanded significantly to $X in 2022. Overall, imports saw a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Belgium (X tons), Italy (X tons), Austria (X tons), France (X tons) and the Netherlands (X tons) represented the largest importers of double or complex silicates, together mixing up X% of total imports. Slovenia (X tons), Denmark (X tons), the Czech Republic (X tons), Bulgaria (X tons), Spain (X tons) and Sweden (X tons) followed a long way behind the leaders.

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

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, Belgium, Italy, Austria, Denmark, the Czech Republic, Sweden, Spain, Slovenia and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Slovenia, with a CAGR of X%, 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

The import price in the European Union stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bulgaria ($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 more modest paces of growth.

Source: IndexBox Platform

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