
United Kingdom - Carbonates And Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Carbonate Market Overview 2021
Carbonate Market Size in the UK
The UK carbonate market dropped dramatically to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption, however, posted tangible growth. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Carbonate consumption peaked at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.
Carbonate Production in the UK
In value terms, carbonate production contracted to $X in 2019 estimated in export prices. Overall, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Carbonate production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
Carbonate Exports
Exports from the UK
In 2019, approx. X tonnes of carbonates and peroxocarbonates were exported from the UK; dropping by -X% on 2018. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.
In value terms, carbonate exports fell to $X in 2019. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.
Exports by Country
Germany (X tonnes), Ireland (X tonnes) and Sweden (X tonnes) were the main destinations of carbonate exports from the UK, with a combined X% share of total exports. France, Belgium, the Netherlands, the U.S., Slovakia, Spain, Poland, Italy, India and Russia lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia, while exports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), the U.S. ($X) and the Netherlands ($X) were the largest markets for carbonate exported from the UK worldwide, with a combined X% share of total exports. Ireland, Sweden, France, Belgium, Slovakia, India, Poland, Italy, Spain and Russia lagged somewhat behind, together accounting for a further X the main countries of destination, Slovakia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average carbonate export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.
Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced more modest paces of growth.
Carbonate Imports
Imports into the UK
For the third consecutive year, the UK recorded decline in overseas purchases of carbonates and peroxocarbonates, which decreased by -X% to X tonnes in 2019. In general, imports, however, showed a notable increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.
In value terms, carbonate imports shrank to $X in 2019. Overall, imports, however, saw a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.
Imports by Country
In 2019, Turkey (X tonnes) constituted the largest supplier of carbonate to the UK, accounting for a X% share of total imports. Moreover, carbonate imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), fourfold. Poland (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).
In value terms, the largest carbonate suppliers to the UK were Turkey ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Belgium, Spain, Poland and the U.S. lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to 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 2019, the average carbonate import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price saw a slight setback. The growth pace was the most rapid in 2010 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for carbonates and peroxocarbonates in the world?+
The country with the largest volume of carbonate consumption was China (14M tonnes), comprising approx. 23% of total volume. Moreover, carbonate consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (5.5M tonnes), twofold. The third position in this ranking was occupied by India (4.5M tonnes), with a 7.5% share.
What are the largest producers of carbonates and peroxocarbonates in the world?+
The countries with the highest volumes of carbonate production in 2019 were China (16M tonnes), the U.S. (13M tonnes) and Turkey (5.5M tonnes), together comprising 57% of global production.
What are the leading suppliers of carbonates and peroxocarbonates to the UK?+
In value terms, the largest carbonate suppliers to the UK were Turkey ($51M), Germany ($34M) and China ($16M), together accounting for 64% of total imports. These countries were followed by Belgium, Spain, Poland and the U.S., which together accounted for a further 19%.
What are the leading importers of carbonates and peroxocarbonates from the UK?+
In value terms, the largest markets for carbonate exported from the UK were Germany ($14M), the U.S. ($12M) and the Netherlands ($7.1M), together accounting for 35% of total exports. These countries were followed by Ireland, Sweden, France, Belgium, Slovakia, India, Poland, Italy, Spain and Russia, which together accounted for a further 39%.
What is the average export price for carbonates and peroxocarbonates in the UK?+
The average carbonate export price stood at $640 per tonne in 2019, declining by -1.8% against the previous year.
What is the average import price for carbonates and peroxocarbonates in the UK?+
The average carbonate import price stood at $359 per tonne in 2019, declining by -4.7% against the previous year.
This report provides an in-depth analysis of the carbonate market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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