Europe: Market for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) 2024

Market Size for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Europe

The Europe market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) surged to $X in 2022, jumping by X% against the previous year. The total consumption indicated a buoyant 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, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Europe

In value terms, production of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Exports in Europe

Exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) contracted to X tons in 2022, which is down by X% against 2021. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) skyrocketed to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons) and Belgium (X tons) represented the major exporters of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Denmark (X tons), Hungary (X tons) and Poland (X tons), together comprising a X% share of total exports. The following exporters - Austria (X tons) and Spain (X tons) - each resulted at an X% share of total exports.

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

In value terms, the largest salts of oxometallic and peroxometallic acids supplying countries in Europe were Poland ($X), Germany ($X) and Belgium ($X), together comprising X% of total exports. Hungary, Austria, Denmark and Spain lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 Europe stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated strong growth 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, export price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

Imports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Imports in Europe

For the third year in a row, Europe recorded growth in purchases abroad of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates), which increased by X% to X tons in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) soared to $X in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland prevails in tungstates) structure, finishing at X tons, which was approx. X% of total imports in 2022. The following importers - France (X tons), Belgium (X tons) and the Netherlands (X tons) - together made up X% of total imports.

Poland was also the fastest-growing in terms of the salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%), the Netherlands (X%) and France (X%) displayed positive paces of growth. While the share of Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.), the Netherlands (X p.p.) and France (X p.p.) displayed negative dynamics.

In value terms, Poland ($X) constitutes the largest market for imported salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) in Europe, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then declined in the following year.

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

Source: IndexBox Platform

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