Belgium: Pyrites Market 2022

Pyrites Market Size in Belgium

In 2021, after three years of growth, there was decline in the Belgian pyrites market, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pyrites Production in Belgium

In value terms, pyrites production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Pyrites production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pyrites Exports

Exports from Belgium

In 2021, after four years of growth, there was significant decline in overseas shipments of pyrites, when their volume decreased by -X% to X tonnes. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tonnes in 2020, and then declined markedly in the following year.

In value terms, pyrites exports contracted dramatically to $X in 2021. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then fell markedly in the following year.

Exports by Country

France (X tonnes) was the main destination for pyrites exports from Belgium, accounting for a X% share of total exports. It was followed by North Macedonia (X tonnes), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +X%.

In value terms, North Macedonia ($X) emerged as the key foreign market for pyrites exports from Belgium, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to North Macedonia was relatively modest.

Export Prices by Country

In 2021, the average pyrites export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, faced a sharp curtailment. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($X per tonne), while the average price for exports to France amounted to $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (X%).

Pyrites Imports

Imports into Belgium

Pyrites imports into Belgium surged to X tonnes in 2021, growing by X% against the previous year. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X tonnes in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, pyrites imports skyrocketed to $X in 2021. Overall, imports enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tonnes) was the main pyrites supplier to Belgium, with a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +X%.

In value terms, Italy ($X) constituted the largest supplier of pyrites to Belgium.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +X%.

Import Prices by Country

The average pyrites import price stood at $X per tonne in 2021, approximately mirroring the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to -X% per year.

Source: IndexBox Platform