Overview of the Global Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations

The global reaction initiators and accelerators market rose to $X in 2022, increasing by X% against the previous year. In general, consumption recorded a strong increase. Over the period under review, the global market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

In value terms, reaction initiators and accelerators production rose sharply to $X in 2022 estimated in export price. Over the period under review, production posted resilient growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports

In 2022, shipments abroad of reaction initiators, reaction accelerators and catalytic preparations increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, reaction initiators and accelerators exports expanded remarkably to $X in 2022. In general, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the United States (X tons) and Germany (X tons) represented the main exporters of reaction initiators, reaction accelerators and catalytic preparationsacross the globe, together constituting X% of total exports. China (X tons) took the next position in the ranking, followed by the Netherlands (X tons). All these countries together held near X% share of total exports. The following exporters - Japan (X tons), Belgium (X tons), Canada (X tons), France (X tons), the UK (X tons), Singapore (X tons), South Korea (X tons), Denmark (X tons) and Italy (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Singapore (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Japan ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Italy, the Netherlands, Canada, China, France, the UK, Belgium, Denmark, Singapore and South Korea lagged somewhat behind, together accounting for a further X%.

Canada, 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 reaction initiators and accelerators export price stood at $X per ton in 2022, remaining constant against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reaction initiators and accelerators export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports

In 2022, purchases abroad of reaction initiators, reaction accelerators and catalytic preparations increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, reaction initiators and accelerators imports declined slightly to $X in 2022. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The purchases of the twelve major importers of reaction initiators, reaction accelerators and catalytic preparations, namely Indonesia, South Korea, the United States, Germany, China, Belgium, India, Canada, Spain, Taiwan (Chinese), the Netherlands and Poland, represented more than half of total import. Mexico (X tons) followed a long way behind the leaders.

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

In value terms, the largest reaction initiators and accelerators importing markets worldwide were Germany ($X), China ($X) and Mexico ($X), together comprising X% of global imports. The United States, South Korea, Taiwan (Chinese), Spain, Poland, Indonesia, India, the Netherlands, Belgium and Canada lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, dropping by X% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reaction initiators and accelerators import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank slightly in the following year.

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

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

Source: IndexBox Platform

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