Overview of the Global Market for Caustic Soda in the Solid Form

Market Size for Caustic Soda in the Solid Form

In 2022, the global market for caustic soda in the solid form increased by X% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated measured growth 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Caustic Soda in the Solid Form

In value terms, production of caustic soda in the solid form soared to $X in 2022 estimated in export price. Over the period under review, the total production 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, production increased by X% against 2019 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Exports of Caustic Soda in the Solid Form

Exports

In 2022, overseas shipments of caustic soda in the solid form increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of caustic soda in the solid form surged to $X in 2022. In general, total exports indicated moderate growth 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 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporting country with an export of about X tons, which amounted to X% of total exports. India (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Taiwan (Chinese) (X%) and Russia (X%). Poland (X tons), Iran (X tons), Belgium (X tons), Saudi Arabia (X tons), Thailand (X tons) and Kuwait (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, France (X%), Iran (X%), India (X%), Belgium (X%), Kuwait (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Poland, Thailand and Russia experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), France (X p.p.), India (X p.p.) and Belgium (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Russia (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest caustic soda in the solid form supplier worldwide, comprising X% of global exports. The second position in the ranking was held by India ($X), with an X% share of global exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: India (X% per year) and France (X% per year).

Export Prices by Country

The average export price for caustic soda in the solid form stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Belgium ($X per ton), while Iran ($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 other global leaders experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports

In 2022, purchases abroad of caustic soda in the solid form 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% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of caustic soda in the solid form skyrocketed to $X in 2022. Over the period under review, total imports indicated a strong expansion 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Vietnam (X tons), followed by Peru (X tons), Tanzania (X tons), Turkey (X tons), Indonesia (X tons), Democratic Republic of the Congo (X tons), Nigeria (X tons), Uzbekistan (X tons), Ghana (X tons), the UK (X tons), Cote d'Ivoire (X tons), South Africa (X tons) and Colombia (X tons) were the largest importers of caustic soda in the solid form, together achieving X% of total imports. The following importers - Peru (X tons), Tanzania (X tons), Turkey (X tons), Indonesia (X tons), Democratic Republic of the Congo (X tons), Nigeria (X tons), Uzbekistan (X tons), Ghana (X tons), the UK (X tons), Cote d'Ivoire (X tons), South Africa (X tons) and Colombia (X tons) - together made up X% of total imports.

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

In value terms, the largest caustic soda in the solid form importing markets worldwide were Vietnam ($X), Democratic Republic of the Congo ($X) and Indonesia ($X), with a combined X% share of global imports.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for caustic soda in the solid form stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Global import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Democratic Republic of the Congo ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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