Luxembourg: Potassium Hydroxide Market 2022

Potassium Hydroxide Market Size in Luxembourg

In 2021, the Luxembourg potassium hydroxide market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption saw a pronounced descent. Potassium hydroxide consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Potassium Hydroxide Production in Luxembourg

In value terms, potassium hydroxide production declined slightly to $X in 2021 estimated in export price. Overall, production, however, showed a slight descent. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Potassium Hydroxide Exports

Exports from Luxembourg

In 2021, the amount of potassium hydroxide (caustic potash) exported from Luxembourg skyrocketed to X tons, jumping by X% on the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, potassium hydroxide exports surged to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for potassium hydroxide exports from Luxembourg, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France stood at +X%.

In value terms, France ($X) also remains the key foreign market for potassium hydroxide exports from Luxembourg.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +X%.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2021, growing by X% against the previous year. In general, the export price continues to indicate a slight increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -X% per year.

Potassium Hydroxide Imports

Imports into Luxembourg

Potassium hydroxide imports into Luxembourg surged to X tons in 2021, growing by X% on 2020 figures. Over the period under review, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, potassium hydroxide imports surged to $X in 2021. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of potassium hydroxide to Luxembourg, accounting for a X% share of total imports. Moreover, potassium hydroxide imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%.

In value terms, Germany ($X) constituted the largest supplier of potassium hydroxide to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +X%.

Import Prices by Country

In 2021, the average potassium hydroxide import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-X%).

Source: IndexBox Platform