United Kingdom: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in the UK

The UK market for siliceous fossil meals (kieselguhr, tripolite and diatomite) reduced to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a pronounced setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from the UK

In 2022, shipments abroad of siliceous fossil meals (kieselguhr, tripolite and diatomite) increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) surged to $X in 2022. Overall, exports showed temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tons) was the main destination for exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from the UK, with a X% share of total exports. Moreover, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Ireland totaled X%.

In value terms, Ireland ($X) remains the key foreign market for siliceous fossil meals (kieselguhr, tripolite and diatomite) exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ireland stood at X%.

Export Prices by Country

The average export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ireland stood at $X per ton.

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

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Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into the UK

In 2022, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were imported into the UK; waning by X% against 2021. In general, imports saw a pronounced descent. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2022. Overall, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) supplier to the UK, accounting for a X% share of total imports. Moreover, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Denmark exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Cyprus (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Cyprus (X% per year).

In value terms, the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) suppliers to the UK were Denmark ($X), the United States ($X) and Spain ($X), together accounting for X% of total imports.

Spain, 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 2022, the average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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