United Kingdom: Carbonate Market Overview 2020

Carbonate Market Size in the UK

The revenue of the carbonate market in the UK amounted to $X in 2018, growing by X% against the previous year. Over the period under review, carbonate consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the carbonate market reached its peak figure level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Carbonate Production in the UK

In value terms, carbonate production amounted to $X in 2018 estimated in export prices. Overall, carbonate production continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Carbonate production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Carbonate Exports

Exports from the UK

Carbonate exports from the UK stood at X tonnes in 2018, going down by -X% against the previous year. In general, carbonate exports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. In that year, carbonate exports reached their peak of X tonnes. From 2011 to 2018, the growth of carbonate exports failed to regain its momentum.

In value terms, carbonate exports totaled $X in 2018. Overall, carbonate exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. In that year, carbonate exports attained their peak of $X. From 2009 to 2018, the growth of carbonate exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for carbonate exports from the UK, accounting for a X% share of total exports. Moreover, carbonate exports to Sweden exceeded the volume sent to the second major destination, Germany (X tonnes), fourfold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Belgium (-X% per year).

In value terms, the largest markets for carbonate exported from the UK were Sweden ($X), the U.S. ($X) and Germany ($X), together comprising X% of total exports. Belgium, France, the Netherlands, Ireland, Italy, Poland, Slovakia, Trinidad and Tobago and Norway lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Slovakia experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average carbonate export price amounted to $X per tonne, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The export price peaked in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago, while the prices for the other major destinations experienced more modest paces of growth.

Carbonate Imports

Imports into the UK

In 2018, approx. X tonnes of carbonates and peroxocarbonates were imported into the UK; standing approx. at the previous year. Over the period under review, carbonate imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, carbonate imports amounted to $X in 2018. Overall, carbonate imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

Turkey (X tonnes), the U.S. (X tonnes) and Poland (X tonnes) were the main suppliers of carbonate imports to the UK, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest carbonate suppliers to the UK were Turkey ($X), Germany ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by China, Poland, Spain and the Netherlands, which together accounted for a further X terms of the main suppliers, Poland experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average carbonate import price amounted to $X per tonne, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for carbonates and peroxocarbonates attained their maximum at $X per tonne in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform