EU: Market for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium 2024

Market Size for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in the EU

In 2022, the EU magnesium hydroxide and peroxide market increased by X% to $X, rising for the second consecutive year after three years of decline. The market 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. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Production of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in the EU

In value terms, magnesium hydroxide and peroxide production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, saw a mild slump. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Exports in the EU

After three years of growth, shipments abroad of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium decreased by X% to X tons in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, magnesium hydroxide and peroxide exports expanded markedly to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value 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 2017 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, the Netherlands (X tons) represented the main exporter of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium, creating X% of total exports. Austria (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Sweden (X%) and Germany (X%). The following exporters - Portugal (X tons) and Ireland (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to magnesium hydroxide and peroxide exports from the Netherlands stood at X%. At the same time, Portugal (X%), Sweden (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Austria (X%), Ireland (X%) and Germany (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Germany (X p.p.) and Portugal (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden, Belgium, Ireland and Austria saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest magnesium hydroxide and peroxide supplying countries in the European Union were the Netherlands ($X), Austria ($X) and Germany ($X), with a combined X% share of total exports. Portugal, Belgium, Sweden and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Portugal, with a CAGR of X%, recorded the highest growth rate of 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, increasing by X% against the previous year. In general, the export price, however, continues to indicate a perceptible reduction. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per ton), while Sweden ($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 Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Imports in the EU

In 2022, imports of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium in the European Union reached X tons, picking up by X% against the year before. Total imports indicated a buoyant increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, magnesium hydroxide and peroxide imports soared to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Portugal (X tons), Italy (X tons), the Netherlands (X tons), France (X tons), Belgium (X tons) and Sweden (X tons) represented the main importers of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium, together comprising X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%), the Netherlands (X%), Italy (X%), Belgium (X%) and France (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Sweden (X%) illustrated a downward trend over the same period. While the share of Portugal (X p.p.) and Germany (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.), Italy (X p.p.), France (X p.p.) and Sweden (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and Portugal ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Portugal, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a mild expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Belgium ($X 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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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