Price for Salts of Oxometallic or Peroxometallic Acids in the UK - 2023
Contents:
- Price for Salts of Oxometallic or Peroxometallic Acids in the UK (FOB) - 2022
- Price for Salts of Oxometallic or Peroxometallic Acids in the UK (CIF) - 2022
- Exports of Salts of Oxometallic or Peroxometallic Acids in the UK
- Imports of Salts of Oxometallic or Peroxometallic Acids in the UK
Price for Salts of Oxometallic or Peroxometallic Acids in the UK (FOB) - 2022
In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $14,762 per ton, growing by 24% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $17,890 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($32,516 per ton), while the average price for exports to Spain ($3,666 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 the Netherlands (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Salts of Oxometallic or Peroxometallic Acids in the UK (CIF) - 2022
In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $1,536 per ton, dropping by -9.1% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2015 an increase of 22%. The import price peaked at $2,375 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United States ($7,508 per ton), while the price for Hungary ($271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Salts of Oxometallic or Peroxometallic Acids in the UK
For the fourth consecutive year, the UK recorded growth in overseas shipments of salts of oxometallic or peroxometallic acidses, which increased by 1.9% to 1.4K tons in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of salts of oxometallic or peroxometallic acidses soared to $20M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Salts of Oxometallic or Peroxometallic Acids in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.5 | 2.1 | 1.1 | 6.1 | 20.3% |
France | 3.3 | 3.3 | 4.9 | 4.7 | 12.5% |
Belgium | 0.3 | 1.8 | 4.4 | 2.5 | 102.7% |
Germany | 1.9 | 1.8 | 2.3 | 1.7 | -3.6% |
United States | 0.8 | 0.4 | 1.0 | 0.8 | 0.0% |
Canada | N/A | N/A | N/A | 0.7 | 0% |
Italy | 0.4 | 0.4 | 0.4 | 0.7 | 20.5% |
Spain | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
Others | 2.6 | 2.4 | 1.7 | 2.5 | -1.3% |
Total | 12.8 | 12.3 | 15.9 | 20.1 | 16.2% |
Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from the UK in 2022:
- Belgium (291.0 tons)
- France (213.2 tons)
- Japan (188.1 tons)
- Canada (143.2 tons)
- Germany (125.0 tons)
- Spain (108.2 tons)
- Italy (98.7 tons)
- United States (51.3 tons)
Imports of Salts of Oxometallic or Peroxometallic Acids in the UK
In 2022, approx. 6.2K tons of salts of oxometallic or peroxometallic acidses were imported into the UK; surging by 5.4% against 2021. In general, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 7.2%.
In value terms, imports of salts of oxometallic or peroxometallic acidses contracted to $9.6M in 2022. Over the period under review, imports, however, saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 3.7%.
Import of Salts of Oxometallic or Peroxometallic Acids in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 727 | 1,405 | 2,913 | 3,842 | 74.2% |
United States | 733 | 356 | 840 | 1,657 | 31.2% |
Germany | 1,312 | 658 | 561 | 796 | -15.3% |
Turkey | 338 | 362 | 386 | 590 | 20.4% |
Italy | 388 | 163 | 251 | 560 | 13.0% |
China | 391 | 236 | 390 | 370 | -1.8% |
France | 1,870 | 691 | 1,314 | 215 | -51.4% |
Netherlands | 1,018 | 1,810 | 1,165 | 185 | -43.4% |
Hungary | 260 | 86.3 | 329 | 144 | -17.9% |
Spain | 739 | 663 | 625 | 44.9 | -60.7% |
Kazakhstan | 1,571 | 347 | N/A | 26.2 | -74.5% |
Russia | 980 | 118 | N/A | 5.1 | -82.7% |
Latvia | 285 | 355 | N/A | N/A | 24.6% |
Others | 1,250 | 2,389 | 1,220 | 1,141 | -3.0% |
Total | 11,862 | 9,639 | 9,994 | 9,576 | -6.9% |
Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to the UK in 2022:
- India (1721.9 tons)
- Italy (1686.3 tons)
- Turkey (867.4 tons)
- Germany (729.9 tons)
- Hungary (530.1 tons)
- United States (220.7 tons)
- China (111.7 tons)
- France (99.8 tons)
- Spain (52.8 tons)
- Netherlands (37.8 tons)
- Kazakhstan (8.4 tons)
- Russia (0.3 tons)
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