Overview of the Global Market for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Market Size for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

In 2022, the global market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) was finally on the rise to reach $X after three years of decline. In general, the total consumption indicated a resilient 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. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

In value terms, production of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) dropped to $X in 2022 estimated in export price. In general, the total production indicated a measured 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 decreased by X% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, global production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Exports

Global exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) skyrocketed to X tons in 2022, with an increase of X% on 2021 figures. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) soared to $X in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea was the largest exporting country with an export of about X tons, which reached X% of total exports. Japan (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the United States (X%) and China (X%). The following exporters - Germany (X tons) and Belgium (X tons) - together made up X% of total exports.

South Korea was also the fastest-growing in terms of the salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%), Germany (X%), the United States (X%) and China (X%) displayed positive paces of growth. Belgium experienced a relatively flat trend pattern. South Korea (X p.p.), Japan (X p.p.) and Germany (X p.p.) significantly strengthened its position in terms of the global exports, while Belgium, China and the United States saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, South Korea ($X) remains the largest salts of oxometallic and peroxometallic acids supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Japan ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Korea stood at X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average export price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) amounted to $X per ton, rising by X% against the previous year. In general, the export price saw buoyant growth. As a result, the export price attained 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 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the United States ($X per ton) was amongst the lowest.

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

Imports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Imports

In 2022, overseas purchases of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) skyrocketed to $X in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland was the key importing country with an import of about X tons, which reached X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%). The following importers - France (X tons) and Canada (X tons) - together made up X% of total imports.

Poland was also the fastest-growing in terms of the salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) imports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%), South Korea (X%), Canada (X%) and France (X%) displayed positive paces of growth. Poland (X p.p.) and Japan (X p.p.) significantly strengthened its position in terms of the global imports, while Canada and France saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest salts of oxometallic and peroxometallic acids importing markets worldwide were South Korea ($X), Poland ($X) and Japan ($X), with a combined X% share of global imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average import price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 South Korea ($X per ton), while France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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