Cerium Compounds Price in the UK - 2023
Contents:
- Cerium Compounds Price in the UK (FOB) - 2022
- Cerium Compounds Price in the UK (CIF) - 2022
- Cerium Compounds Exports in the UK
- Cerium Compounds Imports in the UK
Cerium Compounds Price in the UK (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $45,510 per ton, with a decrease of -3.3% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cerium compounds export price decreased by -22.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 96% against the previous year. As a result, the export price reached the peak level of $58,455 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($241,418 per ton), while the average price for exports to China ($14,569 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 the United States (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cerium Compounds Price in the UK (CIF) - 2022
The average cerium compounds import price stood at $12,578 per ton in 2022, dropping by -38.2% against the previous year. In general, the import price, however, showed slight growth. The pace of growth appeared the most rapid in 2016 an increase of 60%. As a result, import price attained the peak level of $22,178 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 Poland ($51,407 per ton), while the price for Estonia ($4,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Exports in the UK
In 2022, the amount of cerium compoundses exported from the UK fell sharply to 89 tons, shrinking by -17.2% against the previous year's figure. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 224%. As a result, the exports attained the peak of 108 tons, and then dropped rapidly in the following year.
In value terms, cerium compounds exports dropped markedly to $4.1M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 209%. As a result, the exports attained the peak of $5.1M, and then fell significantly in the following year.
| Export of Cerium Compounds in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.0 | 2.5 | 162 | 445 | 663.5% |
| Russia | N/A | 40.8 | 567 | 393 | 210.4% |
| Germany | 172 | 44.2 | 209 | 382 | 30.5% |
| Brazil | N/A | 11.5 | 1.3 | 328 | 434.1% |
| North Macedonia | N/A | N/A | 722 | 320 | -55.7% |
| Italy | 2.5 | 4.3 | N/A | 128 | 271.3% |
| China | 55.8 | 30.5 | 52.3 | 94.8 | 19.3% |
| Croatia | N/A | N/A | 224 | N/A | 0% |
| Chile | 758 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | 264 | N/A | 0% |
| India | 87.8 | 63.0 | 2.4 | N/A | -83.5% |
| Taiwan (Chinese) | 23.7 | 32.9 | 36.5 | N/A | 24.1% |
| Iran | 158 | 194 | N/A | N/A | 22.8% |
| Others | 984 | 1,222 | 2,840 | 1,979 | 26.2% |
| Total | 2,243 | 1,646 | 5,080 | 4,070 | 22.0% |
Top Export Markets for Cerium Compounds from the UK in 2022:
- Russia (16.9 tons)
- Germany (16.6 tons)
- North Macedonia (14.0 tons)
- Italy (7.7 tons)
- Brazil (6.9 tons)
- Poland (6.7 tons)
- China (6.5 tons)
Cerium Compounds Imports in the UK
Cerium compounds imports into the UK declined notably to 145 tons in 2022, dropping by -37.6% on the previous year. Overall, imports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 108%.
In value terms, cerium compounds imports declined sharply to $1.8M in 2022. In general, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 193%. As a result, imports attained the peak of $4.7M, and then dropped significantly in the following year.
| Import of Cerium Compounds in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 832 | 468 | 328 | 459 | -18.0% |
| Austria | 1,948 | 837 | 1,799 | 393 | -41.4% |
| United States | 435 | 92.9 | 268 | 288 | -12.8% |
| France | 28.1 | 37.2 | 1,809 | 261 | 110.2% |
| Poland | N/A | N/A | 27.7 | 148 | 434.3% |
| Japan | 691 | 75.3 | 396 | 115 | -45.0% |
| Estonia | N/A | N/A | N/A | 106 | 0% |
| Others | 92.3 | 97.8 | 89.4 | 49.1 | -19.0% |
| Total | 4,026 | 1,608 | 4,717 | 1,819 | -23.3% |
Top Suppliers of Cerium Compounds to the UK in 2022:
- China (52.0 tons)
- United States (40.9 tons)
- Estonia (25.6 tons)
- Austria (12.3 tons)
- France (8.2 tons)
- Poland (2.9 tons)
- Japan (1.6 tons)
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