EU: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in the EU

In 2022, the EU potassium hydroxide market was finally on the rise to reach $X after two years of decline. The total consumption indicated a prominent 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potassium Hydroxide Production in the EU

In value terms, potassium hydroxide production expanded markedly to $X in 2022 estimated in export price. The total production indicated a resilient expansion 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained 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 the EU

In 2022, exports of potassium hydroxide (caustic potash) in the European Union surged to X tons, jumping by X% against the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, potassium hydroxide exports surged to $X in 2022. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Belgium was the major exporting country with an export of around X tons, which resulted at X% of total exports. Italy (X tons) took the second position in the ranking, followed by the Czech Republic (X tons), France (X tons) and Germany (X tons). All these countries together held approx. X% share of total exports. Spain (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to potassium hydroxide exports from Belgium stood at X%. At the same time, Italy (X%), the Czech Republic (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belgium and Italy increased by X and X percentage points, respectively.

In value terms, Belgium ($X) remains the largest potassium hydroxide supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Belgium, potassium hydroxide exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Potassium Hydroxide Imports

Imports in the EU

In 2022, overseas purchases of potassium hydroxide (caustic potash) were finally on the rise to reach X tons after two years of decline. Over the period under review, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports soared to $X in 2022. In general, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany was the largest importing country with an import of about X tons, which recorded X% of total imports. France (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Denmark (X%), the Netherlands (X%), Spain (X%) and Belgium (X%). Sweden (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to potassium hydroxide imports into Germany stood at X%. At the same time, Spain (X%), France (X%), Denmark (X%), Belgium (X%), the Netherlands (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. While the share of Spain (X p.p.), Germany (X p.p.) and France (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported potassium hydroxide (caustic potash) in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while France ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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