Belgium: Refined Lead Market 2024

Refined Lead Market Size in Belgium

The Belgian refined lead market soared to $X in 2022, growing by 26% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +103.4% against 2016 indices. Refined lead consumption peaked in 2022 and is expected to retain growth in years to come.

Refined Lead Production in Belgium

In value terms, refined lead production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X, and then dropped modestly in the following year.

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Refined Lead Exports

Exports from Belgium

In 2022, approx. X tons of refined lead (unwrought) were exported from Belgium; waning by -37.9% against the year before. Overall, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.4% 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 +18.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, refined lead exports dropped dramatically to $X in 2022. In general, total exports indicated a perceptible increase from 2012 to 2022: its value 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, exports increased by +38.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 121%. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

Germany (X tons) was the main destination for refined lead exports from Belgium, with a 62% share of total exports. Moreover, refined lead exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sixfold. The third position in this ranking was held by Austria (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-0.4% per year) and Austria (+18.8% per year).

In value terms, Germany ($X) remains the key foreign market for refined lead (unwrought) exports from Belgium, comprising 61% of total exports. The second position in the ranking was taken by Italy ($X), with a 10% share of total exports. It was followed by Austria, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+0.3% per year) and Austria (+19.7% per year).

Export Prices by Country

In 2022, the average refined lead export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 23% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($X per ton) and Spain ($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 (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Refined Lead Imports

Imports into Belgium

In 2022, imports of refined lead (unwrought) into Belgium dropped significantly to X tons, which is down by -92.4% against the previous year. Overall, imports recorded a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 2,881%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, refined lead imports declined significantly to $X in 2022. Over the period under review, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 2,378%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of refined lead imports to Belgium, with a combined 82% share of total imports. The Netherlands, Israel and India lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +92.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refined lead suppliers to Belgium were France ($X), Germany ($X) and the Netherlands ($X), with a combined 84% share of total imports. Sweden, Israel and India lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, India, with a CAGR of +99.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average refined lead import price amounted to $X per ton, remaining constant against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined lead import price increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 92% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Sweden ($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 Netherlands (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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