The sold production value of sodium hydroxide in aqueous solution in France displayed considerable fluctuation from 2013 to 2023. After notable peaks and troughs, the value stood at 359.31 million euros in 2023. Significant growth was observed in 2017 and 2018, with year-on-year increases of 18.83% and 37.69% respectively. However, the market experienced declines in 2014, 2016, 2019, and 2020. More recent years, 2021 through 2023, showed moderate recovery with positive yet modest year-on-year variations.
Over the last two years, the market showed a positive variation, increasing by 7.65% in 2022 and 5.02% in 2023. The CAGR over the past five years (2018 – 2023) averaged at -4.69%, indicating an overall decreasing trend despite recent recovery.
Looking forward, forecasts from 2024 to 2028 suggest a stable annual growth with values rising to 371.24 million euros by 2028. The average annual growth rate (CAGR) over the next five years is predicted to be 0.52%, reflecting moderate but steady improvement in the market.
Future trends to watch for include potential impacts of economic fluctuations, technological advancements in production, regulatory changes affecting the chemicals industry, and shifts in domestic and international demand for sodium hydroxide.
