Global Hydrogen Peroxide Market – India ($55M), Germany ($54M), and the U.S. ($48M) are the Most Promising Overseas Markets
IndexBox has just published a new report: ‘World – Hydrogen Peroxide – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.
The global hydrogen peroxide market revenue amounted to $3.2B in 2018, going up by 8% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The global hydrogen peroxide consumption peaked in 2018 and is expected to retain its growth in the near future.
In value terms, hydrogen peroxide imports totaled $823M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.7% from 2007 to 2018.
Imports by Country
In 2018, Germany (153K tonnes), followed by Italy (100K tonnes), the U.S. (91K tonnes), India (88K tonnes) and Russia (87K tonnes) represented the major importers of hydrogen peroxide, together comprising 30% of total imports. The following importers – France (70K tonnes), the Netherlands (65K tonnes), Austria (62K tonnes), Taiwan (61K tonnes), Chile (47K tonnes), Mexico (47K tonnes) and Belgium (45K tonnes) – together made up 23% of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Italy, while imports for the other global leaders experienced more modest paces of growth.
In value terms, India ($55M), Germany ($54M) and the U.S. ($48M) appeared to be the countries with the highest levels of imports in 2018, with a combined 19% share of global imports.
Import Prices by Country
The average hydrogen peroxide import price stood at $483 per tonne in 2018, picking up by 4.2% against the previous year. In general, the hydrogen peroxide import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by 5.7% year-to-year. In that year, the average import prices for hydrogen peroxide reached their peak level of $535 per tonne. From 2009 to 2018, the growth in terms of the average import prices for hydrogen peroxide remained at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was India ($619 per tonne), while Austria ($315 per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
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