United Kingdom: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in the UK

In 2022, the UK trichloroethylene and tetrachloroethylene market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption faced a dramatic curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Production in the UK

In value terms, trichloroethylene and tetrachloroethylene production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Trichloroethylene and tetrachloroethylene production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from the UK

In 2022, after two years of growth, there was significant decline in shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene), when their volume decreased by X% to X tons. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, trichloroethylene and tetrachloroethylene exports skyrocketed to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Poland (X tons), Saudi Arabia (X tons) and Italy (X tons) were the main destinations of trichloroethylene and tetrachloroethylene exports from the UK, with a combined X% share of total exports.

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

In value terms, Italy ($X), Saudi Arabia ($X) and Poland ($X) constituted the largest markets for trichloroethylene and tetrachloroethylene exported from the UK worldwide, together accounting for X% of total exports. The United States, Pakistan, the United Arab Emirates, Qatar, Egypt, India, Israel, Thailand, Singapore and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. 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 for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Israel ($X 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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Trichloroethylene And Tetrachloroethylene Imports

Imports into the UK

Trichloroethylene and tetrachloroethylene imports into the UK fell remarkably to X tons in 2022, which is down by X% compared with the previous year's figure. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of trichloroethylene and tetrachloroethylene to the UK, with a X% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, France ($X) constituted the largest supplier of trichloroethylene and tetrachloroethylene (perchloroethylene) to the UK, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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