Belgium: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Belgium

The Belgian ferro-cerium and pyrophoric alloys market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Ferro-Cerium And Pyrophoric Alloys in Belgium

In value terms, ferro-cerium and pyrophoric alloys production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Belgium

In 2022, overseas shipments of ferro-cerium and pyrophoric alloys increased by X% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports enjoyed a measured expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-cerium and pyrophoric alloys exports surged to $X in 2022. In general, exports posted measured growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons), Germany (X tons) and France (X tons) were the main destinations of ferro-cerium and pyrophoric alloys exports from Belgium, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) emerged as the key foreign market for ferro-cerium and pyrophoric alloys exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average ferro-cerium and pyrophoric alloys export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Germany ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Belgium

In 2022, purchases abroad of ferro-cerium and pyrophoric alloys increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a perceptible downturn. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports soared to $X in 2022. Overall, imports, however, continue to indicate a slight decline. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of ferro-cerium and pyrophoric alloys imports to Belgium, together accounting for 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 France (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest ferro-cerium and pyrophoric alloys suppliers to Belgium were France ($X), the Netherlands ($X) and Ireland ($X), together accounting for X% of total imports.

France, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ferro-cerium and pyrophoric alloys import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Ireland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :