United Kingdom: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in the UK

The UK market for refractory products of siliceous or diatomite earths fell markedly to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2021, and then contracted rapidly in the following year.

Production of Refractory Products of Siliceous or Diatomite Earths in the UK

In value terms, production of refractory products of siliceous or diatomite earths dropped 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 in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Production of peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from the UK

In 2022, approx. X tons of refractory products of siliceous or diatomite earths were exported from the UK; reducing by X% compared with 2021. Overall, exports saw a noticeable slump. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then plummeted in the following year.

In value terms, exports of refractory products of siliceous or diatomite earths contracted significantly to $X in 2022. Over the period under review, exports, however, showed a slight expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then dropped markedly in the following year.

Exports by Country

Ireland (X tons) was the main destination for exports of refractory products of siliceous or diatomite earths from the UK, accounting for a X% share of total exports. Moreover, exports of refractory products of siliceous or diatomite earths to Ireland exceeded the volume sent to the second major destination, the United States (X tons), sixfold. The third position in this ranking was held by Israel (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Israel (X% per year).

In value terms, the largest markets for refractory products of siliceous or diatomite earths exported from the UK were the United States ($X), Ireland ($X) and Spain ($X), with a combined X% share of total exports. The United Arab Emirates, Italy, Ghana, Canada, Georgia, Australia, France, Sweden, Israel and Nigeria lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Italy, with a CAGR of X%, saw 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 export price for refractory products of siliceous or diatomite earths stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price recorded a measured increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports into the UK

In 2022, the amount of refractory products of siliceous or diatomite earths imported into the UK fell significantly to X tons, which is down by X% on the previous year's figure. Over the period under review, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths fell significantly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Ireland (X tons), Turkey (X tons) and France (X tons) were the main suppliers of imports of refractory products of siliceous or diatomite earths to the UK, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Turkey ($X) and France ($X) were the largest refractory products of siliceous or diatomite earths suppliers to the UK, with a combined X% share of total imports.

Among the main suppliers, Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for refractory products of siliceous or diatomite earths stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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