Germany: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Germany

The German market for caustic soda in aqueous solution (soda lye) soared to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, saw a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Production of Caustic Soda in Aqueous Solution (Soda Lye) in Germany

In value terms, production of caustic soda in aqueous solution (soda lye) declined to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Germany

In 2023, approx. X tons of caustic soda in aqueous solution (soda lye) were exported from Germany; flattening at 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of caustic soda in aqueous solution (soda lye) dropped rapidly to $X in 2023. In general, exports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Germany, accounting for a X% share of total exports. Moreover, exports of caustic soda in aqueous solution (soda lye) to the Netherlands exceeded the volume sent to the second major destination, Finland (X tons), fourfold. Belgium (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for caustic soda in aqueous solution (soda lye) exports from Germany, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Sweden (X% per year).

Export Prices by Country

The average export price for caustic soda in aqueous solution (soda lye) stood at $X per ton in 2023, shrinking by X% against the previous year. In general, export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for caustic soda in aqueous solution (soda lye) increased by X% against 2021 indices. The growth pace was the most rapid in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Germany

For the third year in a row, Germany recorded decline in supplies from abroad of caustic soda in aqueous solution (soda lye), which decreased by X% to X tons in 2023. In general, total imports indicated a tangible expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of caustic soda in aqueous solution (soda lye) contracted to $X in 2023. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest supplier of caustic soda in aqueous solution (soda lye) to Germany, with a X% share of total imports. Moreover, imports of caustic soda in aqueous solution (soda lye) from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Poland (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

In value terms, the Netherlands ($X), Belgium ($X) and Poland ($X) appeared to be the largest caustic soda in aqueous solution (soda lye) suppliers to Germany, with a combined X% share of total imports. China, France, Austria, the Czech Republic and the UK lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, growing by X% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform