Global Propellant Powders Market 2022

Propellant Powders Market Size

The global propellant powders market declined to $X in 2021, reducing by -X% against the previous year. Overall, consumption showed a noticeable decrease. Over the period under review, the global market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Propellant Powders Production

In value terms, propellant powders production reduced to $X in 2021 estimated in export price. Overall, production continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, global production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Propellant Powders Exports

Exports

In 2021, overseas shipments of propellant powders increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The global exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, propellant powders exports surged to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the six major exporters of propellant powders, namely the United States, Canada, Belgium, France, Switzerland and Serbia, represented more than two-thirds of total export. China (X tons), Italy (X tons), the Czech Republic (X tons), Finland (X tons), Australia (X tons), South Korea (X tons) and Spain (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest propellant powders supplying countries worldwide were Canada ($X), the United States ($X) and France ($X), together comprising X% of global exports. Belgium, Switzerland, Serbia, Finland, Italy, the Czech Republic, China, South Korea, Australia and Spain lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Finland ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the other global leaders experienced more modest paces of growth.

Propellant Powders Imports

Imports

In 2021, the amount of propellant powders imported worldwide soared to X tons, rising by X% against 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, propellant powders imports soared to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons), distantly followed by Italy (X tons), Algeria (X tons), France (X tons), Germany (X tons) and Sudan (X tons) represented the largest importers of propellant powders, together committing X% of total imports. The following importers - Japan (X tons), the Czech Republic (X tons), Syrian Arab Republic (X tons), Israel (X tons), South Korea (X tons), Turkey (X tons) and Belgium (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to propellant powders imports into the United States stood at +X%. At the same time, Algeria (+X%), Syrian Arab Republic (+X%), France (+X%), Sudan (+X%), Japan (+X%), Italy (+X%), Israel (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Germany (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of Algeria (+X p.p.), the United States (+X p.p.), Italy (+X p.p.), France (+X p.p.), Sudan (+X p.p.) and Syrian Arab Republic (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Germany (-X p.p.) and Belgium (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported propellant powders worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In the United States, propellant powders imports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average propellant powders import price amounted to $X per ton, flattening at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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