Europe: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Europe

In 2022, after ten years of growth, there was decline in the Europe reaction initiators and accelerators market, when its value decreased by X% to $X. Overall, consumption posted buoyant growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Europe

In value terms, reaction initiators and accelerators production stood at $X in 2022 estimated in export price. The total production indicated tangible 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports in Europe

In 2022, overseas shipments of reaction initiators, reaction accelerators and catalytic preparations increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period 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 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, reaction initiators and accelerators exports surged to $X in 2022. Total exports indicated a prominent 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, exports increased by X% against 2014 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany represented the key exporter of reaction initiators, reaction accelerators and catalytic preparations in Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. The Netherlands (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), France (X%) and the UK (X%). Denmark (X tons), Italy (X tons), Poland (X tons), North Macedonia (X tons) and Finland (X tons) held a relatively small share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of reaction initiators, reaction accelerators and catalytic preparations. At the same time, North Macedonia (X%), Poland (X%), Italy (X%), Belgium (X%), France (X%), the Netherlands (X%), Finland (X%) and Denmark (X%) displayed positive paces of growth. Moreover, North Macedonia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. Poland (X p.p.), North Macedonia (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while Germany 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, Germany ($X) remains the largest reaction initiators and accelerators supplier in Europe, comprising X% of total exports. The second position in the ranking was held by North Macedonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In Germany, reaction initiators and accelerators 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: North Macedonia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, surging by X% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price 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, reaction initiators and accelerators export price increased by X% against 2016 indices. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while Finland ($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.

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports in Europe

For the fourth consecutive year, Europe recorded growth in purchases abroad of reaction initiators, reaction accelerators and catalytic preparations, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, reaction initiators and accelerators imports reduced to $X in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced slightly in the following year.

Imports by Country

The purchases of the eight major importers of reaction initiators, reaction accelerators and catalytic preparations, namely Germany, Belgium, Spain, the Netherlands, Poland, France, Italy and the UK, represented more than two-thirds of total import. Portugal (X tons), the Czech Republic (X tons), Austria (X tons), Greece (X tons) and Russia (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 leading importing countries, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported reaction initiators, reaction accelerators and catalytic preparations in Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

In Germany, reaction initiators and accelerators imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, waning by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price 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, reaction initiators and accelerators import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

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