Carbonate Market Overview in the United Kingdom
In value terms, carbonate production contracted to $ in estimated in export prices. Overall, production recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of % year-to-year. Carbonate production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The value of the carbonate market in the UK expanded notably to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw notable growth. The growth pace was the most rapid in 2010 when the market value increased by % against the previous year. Carbonate consumption peaked at $ in 2016; however, from 2017 to , consumption failed to regain the momentum.