United Kingdom: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in the UK

For the third year in a row, the UK market for inorganic oxygen compounds of non-metals recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, continues to indicate a pronounced decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Inorganic Oxygen Compounds Of Non-Metals in the UK

In value terms, inorganic oxygen compounds of non-metals production declined to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Inorganic oxygen compounds of non-metals production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from the UK

In 2022, after two years of decline, there was significant growth in overseas shipments of inorganic oxygen compounds of non-metals, when their volume increased by X% to X tons. Over the period under review, exports, however, continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, inorganic oxygen compounds of non-metals exports dropped significantly to $X in 2022. Overall, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of inorganic oxygen compounds of non-metals exports from the UK, together accounting for X% of total exports. Ireland, Germany, Yemen, Qatar, France and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Ireland ($X), Yemen ($X) and France ($X) were the largest markets for inorganic oxygen compounds of non-metals exported from the UK worldwide, together comprising X% of total exports.

Yemen, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for inorganic oxygen compounds of non-metals amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then shrank markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into the UK

In 2022, supplies from abroad of inorganic oxygen compounds of non-metals increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, inorganic oxygen compounds of non-metals imports skyrocketed to $X in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Poland (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to the UK, together comprising X% of total imports. China, the Netherlands, France, Taiwan (Chinese), Austria and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of inorganic oxygen compounds of non-metals to the UK, comprising X% of total imports. The second position in the ranking was taken by China ($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 growth rate of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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