Global Carbon Dioxide Market 2024

Carbon Dioxide Market Size

In 2022, the global carbon dioxide market increased by X% to $X, rising for the sixth year in a row after four years of decline. In general, the total consumption indicated pronounced 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 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Carbon Dioxide Production

In value terms, carbon dioxide production expanded notably to $X in 2022 estimated in export price. The total output value 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, production attained the peak level and is likely to continue growth in the immediate term.

Carbon Dioxide Exports

Exports

For the fourth consecutive year, the global market recorded growth in shipments abroad of carbon dioxide, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbon dioxide exports stood at $X in 2022. In general, total exports 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons) was the major exporter of carbon dioxide, making up X% of total exports. Belgium (X tons) ranks second in terms of the total exports with a X% share, followed by Norway (X%), the United States (X%), Hungary (X%) and Canada (X%). Austria (X tons), North Macedonia (X tons), France (X tons), the Czech Republic (X tons), China (X tons), Turkey (X tons) and Germany (X tons) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%), Belgium (X%), Hungary (X%), Norway (X%), Austria (X%), North Macedonia (X%), Turkey (X%), France (X%) and the United States (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Canada experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) and Germany (X%) illustrated a downward trend over the same period. Belgium (X p.p.), Norway (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the global exports, while Canada and Germany 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 Netherlands ($X) remains the largest carbon dioxide supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Belgium (X% per year).

Export Prices by Country

The average carbon dioxide export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 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 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Canada ($X per ton) was amongst the lowest.

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

Carbon Dioxide Imports

Imports

In 2022, global carbon dioxide imports was estimated at X tons, rising by X% on the previous year's figure. 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 in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, carbon dioxide imports expanded markedly to $X in 2022. In general, total imports indicated a buoyant 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, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), the UK (X tons), Belgium (X tons), the United States (X tons), Denmark (X tons), Saudi Arabia (X tons), Mexico (X tons), Switzerland (X tons), the Netherlands (X tons), Canada (X tons), France (X tons) and Italy (X tons) represented the major importer of carbon dioxide in the world, constituting X% of total import. Austria (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest carbon dioxide importing markets worldwide were France ($X), the UK ($X) and the United States ($X), with a combined X% share of global imports. Germany, Mexico, the Netherlands, Belgium, Switzerland, Denmark, Italy, Austria, Canada and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 carbon dioxide import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 France ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform