Companies mentioned in the report: Tata Chemicals, Sequens, CIECH Group, Sisecam, Solvay, Bashkir Soda Company, Ghcl, Church & Dwight Company, Eti Soda, Barentz, NT Ruddock Co., Noah Chemicals, Chemische Fabrik Kalk Gmbh, Sotraga Belgium NV, Adana Chem San AS, Setar Kimya San. Ve Tic.Ltd.Sti, Topklass Chemical Industries, Omniasale, Oceana Minerals Animal Nutrition, Lombardi, OKCHEM
NEW YORK, May 25, 2022 (GLOBE NEWSWIRE) — IndexBox has just released a new report: “EU – Baking Soda – Market Analysis, Forecast, Size, Trends and Insights”. Here is a summary of the main findings of the report.
EU Baking Soda Market statistics
|Main importers||France, Belgium, Germany|
|Main exporters||Germany, Spain, France|
The baking soda market in the European Union was estimated at approx. $730M in 2021. The market value has grown at an average annual rate of +4.0% over the past decade. REQUEST FREE DATA
In terms of value, the largest baking soda markets in the European Union were France, Italy and Germany, together accounting for 46% of the total market. These countries were followed by Romania, the Czech Republic, Poland, the Netherlands, Spain, Belgium, Sweden, Hungary, Portugal and Austria, which together accounted for an additional 46%. REQUEST FREE DATA
Baking soda consumption in the EU by country
The consumption of baking soda in the EU has been estimated at approx. 1.6 million tonnes in 2021. The countries with the highest baking soda consumption volumes in 2021 were France, Italy and Germany, with a combined share of 56% of total consumption. These countries were followed by Spain, Poland, the Netherlands, Belgium, Romania, the Czech Republic, Hungary, Sweden, Portugal and Austria, which together accounted for an additional 36%. REQUEST FREE DATA
The countries with the highest per capita consumption levels of baking soda in 2021 were Belgium (6.34 kg per person), Italy (5.57 kg per person) and France (5.33 kg per person). nobody).
From 2011 to 2021, the most notable growth rate in terms of baking soda consumption per capita, among the main consuming countries, was achieved by Portugal (+ 8.9%), while the consumption of baking soda soda per capita for the other leaders experienced more modest rates. of growth.
European baking soda production by country
After two years of growth, the assessed volume of baking soda production was approx. 1.5M tonnes in 2021. The total production volume increased at an average annual rate of +3.0% over the period from 2011 to 2021.
The countries with the highest baking soda production volumes in 2021 were Germany, France and Italy, together accounting for 71% of the total volume. Spain, Poland, Romania, Bulgaria and Sweden lag slightly behind, together accounting for an additional 24%.
Baking soda exports from the EU
In 2021, the amount of baking soda exported to the European Union jumped to 899,000 tonnes, jumping 23% from 2020 figures. This figure includes volumes traded between EU countries and shipped outside the EU. Total exports showed a resilient increase over the last decade: their volume grew at an average annual rate of +7.0%.
In value, baking soda exports jumped to $418 million in 2021. This figure includes trade between EU member countries. Total exports showed a resilient expansion from 2011 to 2021: their value grew at an average annual rate of +7.0%.
Exports by country
Germany was the largest soda ash exporter in the European Union, with an export volume of 384,000 tons, or approx. 43% of the total volume in 2021. Spain (159K tons) occupies the second position in the ranking, followed by France (120K tons), Belgium (104K tons) and Italy (52K tons). All these countries together held approx. 48% of total supplies. The following exporters – Bulgaria (19,000 tonnes) and the Netherlands (16,000 tonnes) – each obtained a share of 4% of total exports.
In terms of value, the main countries supplying baking soda to the European Union were Germany ($151 million), Spain ($100 million) and France ($49 million), with a combined share of 72% of total exports.
Among the main exporting countries, Spain, with a CAGR of +13.4%, recorded the highest growth rates in the value of exports, over the last decade, while shipments from other leaders experienced more modest growth rates.
Export prices by country
In 2021, the export price of soda ash in the European Union was $465 per ton, up 3.1% from the previous year. There were significant differences in average prices between major exporting countries. In 2021, the country with the highest price was Spain ($627 per ton), while Bulgaria ($251 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices was achieved by Spain (+4.3%), while the other leaders experienced more modest growth rates.
Imports into the EU
In 2021, approx. 1.1 million tonnes of baking soda were imported into the European Union; up 4.4% from 2020. This figure includes volumes traded between EU countries and shipped outside the EU. In general, imports have grown resiliently over the past decade.
In value, soda ash imports amounted to $384 million in 2021. This figure includes trade between EU member countries.
Imports by country
The countries with the highest levels of soda ash imports in 2021 were France (205,000 tonnes), Belgium (170,000 tonnes), Germany (122,000 tonnes), Italy (122,000 tonnes ), the Netherlands (103,000 tonnes) and Spain (84,000 tonnes). together represent 74% of total purchases. Poland (37K tons), Portugal (36K tons), Austria (27K tons), Denmark (25K tons), Hungary (23K tons), Czech Republic (19K tons) and Sweden (19K tons) follow far behind the leaders.
In value, France ($77m), Belgium ($54m) and Germany ($45m) were the countries with the highest import levels in 2021, with a combined share of 46% of total supplies. These countries were followed by the Netherlands, Italy, Spain, Poland, Portugal, Austria, Denmark, Sweden, the Czech Republic and Hungary, which together represented 44% more.
Among the main importing countries, Portugal, with a CAGR of +16.0%, has experienced the highest growth rate in the value of imports over the last decade, while the purchases of the other leaders have experienced more modest growth rates.
Import prices by country
In 2021, the import price of baking soda in the European Union was $354 per ton, up 2.5% from the previous year. There were significant differences in average prices between major importing countries. In 2021, the country with the highest price was Sweden ($440 per ton), while Spain ($269 per ton) was among the lowest. From 2011 to 2021, the most notable growth rate in terms of prices was achieved by the Netherlands (+3.6%), while the other leaders experienced more modest growth rates.
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