Cerium Compounds Price in Belgium - 2023
Contents:
- Cerium Compounds Price in Belgium (CIF) - 2022
- Cerium Compounds Price in Belgium (FOB) - 2022
- Cerium Compounds Imports in Belgium
- Cerium Compounds Exports in Belgium
Cerium Compounds Price in Belgium (CIF) - 2022
The average cerium compounds import price stood at $6,748 per ton in 2022, with a decrease of -7.5% against the previous year. Overall, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 116% against the previous year. As a result, import price attained the peak level of $12,487 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($35,720 per ton), while the price for China ($1,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Price in Belgium (FOB) - 2022
The average cerium compounds export price stood at $25,915 per ton in 2022, surging by 35% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $33,215 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($111,613 per ton), while the average price for exports to Italy ($7,351 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 Turkey (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cerium Compounds Imports in Belgium
Cerium compounds imports into Belgium expanded to 38 tons in 2022, picking up by 1.7% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, imports attained the peak of 73 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cerium compounds imports reduced to $259K in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of $434K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cerium Compounds in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 89.5 | 64.5 | 83.9 | 107 | 6.1% |
| Austria | 79.0 | 53.8 | 18.8 | 36.6 | -22.6% |
| United States | 34.0 | 96.6 | 69.6 | 32.9 | -1.1% |
| Germany | 41.6 | 115 | 40.0 | 29.3 | -11.0% |
| China | 40.1 | 58.3 | 9.5 | 12.6 | -32.0% |
| Italy | N/A | N/A | 12.3 | N/A | 0% |
| Others | 56.9 | 46.3 | 41.3 | 40.8 | -10.5% |
| Total | 341 | 434 | 275 | 259 | -8.8% |
Top Suppliers of Cerium Compounds to Belgium in 2022:
- France (23.1 tons)
- China (7.8 tons)
- Austria (4.3 tons)
- United States (1.1 tons)
- Germany (1.1 tons)
Cerium Compounds Exports in Belgium
In 2022, shipments abroad of cerium compoundses decreased by -33% to 6.6 tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 190% against the previous year. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cerium compounds exports contracted to $172K in 2022. Overall, exports, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2020 with an increase of 155% against the previous year. As a result, the exports reached the peak of $406K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cerium Compounds in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.2 | 46.2 | 31.8 | 45.7 | 27.2% |
| United States | 22.1 | 57.5 | 33.6 | 30.2 | 11.0% |
| Germany | 15.3 | 111 | 29.6 | 13.3 | -4.6% |
| United Kingdom | 16.1 | 31.8 | 1.5 | 8.3 | -19.8% |
| Taiwan (Chinese) | 5.9 | 10.8 | 7.0 | 7.7 | 9.3% |
| China | 4.0 | 6.6 | 3.7 | 6.1 | 15.1% |
| Italy | 5.9 | 9.1 | 3.1 | 5.9 | 0.0% |
| Spain | 3.2 | 7.0 | 3.1 | 5.6 | 20.5% |
| Turkey | 3.8 | 1.1 | 13.9 | 5.1 | 10.3% |
| Netherlands | 2.4 | 6.2 | 2.3 | 3.5 | 13.4% |
| Hungary | 2.0 | 3.3 | 1.7 | 2.3 | 4.8% |
| Poland | 3.0 | 11.8 | 7.1 | 1.5 | -20.6% |
| Argentina | 1.5 | 2.9 | 2.9 | N/A | 39.0% |
| Others | 51.7 | 101 | 49.7 | 36.7 | -10.8% |
| Total | 159 | 406 | 191 | 172 | 2.7% |
Top Export Markets for Cerium Compounds from Belgium in 2022:
- France (2225.0 kg)
- Italy (807.0 kg)
- Germany (670.0 kg)
- Spain (479.0 kg)
- United Kingdom (392.0 kg)
- United States (271.0 kg)
- Taiwan (Chinese) (214.0 kg)
- Turkey (190.0 kg)
- Hungary (185.0 kg)
- China (182.0 kg)
- Netherlands (176.0 kg)
- Poland (175.0 kg)
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Belgium.
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Belgium.
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