Belgium: Lead Market 2024

Lead Market Size in Belgium

In 2022, the Belgian lead market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption posted a strong expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Lead Production in Belgium

In value terms, lead production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Lead production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Lead Exports

Exports from Belgium

In 2022, the amount of lead exported from Belgium shrank sharply to X tons, waning by X% compared with the previous year. Overall, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, lead exports contracted rapidly to $X in 2022. Over the period under review, total exports indicated a tangible expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for lead exports from Belgium, accounting for a X% share of total exports. Moreover, lead exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fivefold. Austria (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for lead exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

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

Export Prices by Country

The average lead export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($X per ton) and Romania ($X per ton), while the average price for exports to Germany ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Belgium

In 2022, lead imports into Belgium contracted notably to X tons, waning by X% compared with 2021 figures. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, lead imports dropped to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main suppliers of lead imports to Belgium, with a combined X% share of total imports. Spain, Sudan, the United Arab Emirates, Bulgaria, India, Sweden, Nigeria, Italy and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of lead to Belgium, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and France (X% per year).

Import Prices by Country

The average lead import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price showed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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